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 turn key restaurant in the heart of growing Oswego. Danellis is an Italian Restaurant and Pizzeria which has proudly served as a local mainstay of Oswego for 40+ years. Ready for retirement, the time has now come to pass the torch. Price reflects value of property and business. Business assets will be transferred via asset purchase agreement. With the help of a long tenured staff, a fanatically loyal customer base, and an increasing demand for locally owned restaurants in Oswego, Danellis is well positioned for continued growth. Or bring your own concept to thrive in this prime location between a growing downtown Oswego and Rt 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 three tables, and a fully equipped kitchen with two pizza ovens. Equipment list and financials are 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

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Mike WaseenJohn Greene CommercialMore Info
630-360-1196

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