228 Washington StOswego, IL 60543

Property Details for 228 Washington St

Year built

1978

Construction

FRAME

Property size (Sq ft)

1,125 SF

Property type

Commercial real estate

APN

03-20-128-011

APU

320128011

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $232,508

  Hospitality

  $212,976

  Educational

  $177,194

  Medical

  $183,288

  Retail

  $275,635

Location Insight

City

Oswego

County

Kendall

State

Illinois

Latitude

41.6783

Longitude

-88.3484

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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