5 Madison StOswego, IL 60543

  • Commercial real estate
  • 1,997 SF
For Sale
$899,000 View listing

Property Details for 5 Madison St

Year built
1962
Construction
BRICK
Lot size
0.35 AC
Property size (Sq ft)
1,997 SF
Property type
Commercial real estate
APN
03-17-332-005
APU
317332005

Description

This exceptional 1,806 square foot retail or office space is ideally situated at 5 S. Madison St. in the heart of Historic Downtown Oswego, Illinois. Built in 1980 and extensively renovated in 2018, this single-tenant property boasts a prime location at the intersection of US Route 34 and Madison Avenue, ensuring high visibility and convenient access for customers. The property sits on a 0.5-acre lot and features a 14-foot ceiling height, providing a spacious and versatile layout. Ample parking is available with 12 spaces to accommodate patrons. The building, with its single story and three spacious overhead doors, offers excellent potential for a variety of businesses. The B-2 zoning allows for a range of retail uses, including restaurants and storefronts. Additional features include ample storage space. This property presents a unique opportunity to establish or expand a business in a thriving downtown area with high foot traffic and excellent visibility. The Kendall County location (APN: 03-17-332-005) offers easy access to major roadways and a strong local community. This is a turn-key opportunity for a business seeking a high-traffic, well-maintained space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $412,728
    Hospitality
    $378,056
    Educational
    $314,538
    Medical
    $325,356
    Retail
    $489,282

Location Insight

City
Oswego
County
Kendall
State
Illinois
Latitude
41.6845
Longitude
-88.3507
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,783
$68,369
$20,498
$88,867
-
$205,107
$61,494
$266,601

FAQs

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