228 E Washington St - Restaurant FOR SALE


Oswego, IL 60543
$450,000 USD
630-360-1196
228 E Washington St, Oswego, IL for Sale
$450,000 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

228 E Washington St
Oswego, IL 60543


HIGHLIGHTS

  • Turnkey restaurant
  • Established customer base
  • Prime location

OVERVIEW

Rare opportunity to purchase a restaurant in the heart of growing Oswego. Danellis, an Italian Restaurant and Pizzeria, proudly served as a local mainstay of Oswego for 40+ years. The owners retired end of December 2024 and are passing on the torch. Price reflects value of property and business. Business assets will be transferred via asset purchase agreement. Oswego has an increasing demand for locally owned restaurants and Danellis is well positioned for continued growth. Or, bring your own concept to thrive in this prime location between a growing downtown Oswego and Rte 34. Very strong demographics with avg household incomes at $119,820 within a 2 mile radius. 1700 SF under roof includes a 12 table dining room and bar, front patio with 3 tables and a fully equipped kitchen with 2 pizza ovens. Equipment list and financials available upon request to qualified buyers.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Route 71

LAND ACRES

0.24 AC

LAND SF

10,458 SF

ZONING

M-1

APN/PARCEL ID

03-20-128-011

ASK ABOUT THIS PROPERTY

Mike WaseenJohn Greene CommercialMore Info
630-360-1196

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mike WaseenJohn Greene CommercialMore Info
630-360-1196

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.