For Sale
$450,000

228 Washington St Oswego, IL 60543

Turnkey Restaurant, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional 1,700 square foot retail property, located at 228 E Washington St, Oswego, IL 60543, presents a rare opportunity. Currently operating as a successful Italian restaurant and pizzeria with a 40+ year history and loyal customer base, this turnkey business is priced at $450,000, reflecting both property and business value. The sale includes the transfer of business assets via an asset purchase agreement. Situated on a 0.24-acre lot (APN: 03-20-128-011) with M-1 zoning, the single-story building boasts a 12-table dining room, bar, and a three-table front patio. A fully equipped kitchen features two pizza ovens. The property benefits from a strong demographic profile, with average household incomes exceeding $119,820 within a two-mile radius. This prime location in growing Oswego sits between the downtown area and Route 34, offering significant potential for continued growth under current ownership or with a new concept. Detailed equipment lists and financials are available to qualified buyers upon request. This is an ideal opportunity for an established restaurateur or a new business looking to capitalize on a thriving market.

Highlights

  • Turnkey restaurant operation ready for immediate occupancy.
  • Strong existing customer base ensures immediate revenue potential.
  • High-traffic location ideal for maximizing business visibility and foot traffic.

Property Details for 228 Washington St

Property type
Retail properties, Restaurants
Square Feet
1,700 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
10,454 SF

Location Insight

City
Oswego
County
Kendall
State
Illinois
Latitude
41.6782022
Longitude
-88.3484035
228 Washington St, Oswego, Illinois

FAQs

What type of property is this?
Retail property - Turnkey Restaurant, Prime Location
Where is the retail property located?
The property is located at 228 Washington St Oswego, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Turnkey restaurant operation ready for immediate occupancy.; Strong existing customer base ensures immediate revenue potential.; High-traffic location ideal for maximizing business visibility and foot traffic.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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228 Washington St
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