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100-110 Light Rd 9,860 SF 100% Leased Retail Building Oswego, IL 60543 $1,375,000 ($139.45/SF)
Investment Highlights
- Auction opportunity at 100-112 Light Road for a fully leased, income-producing 10,200-square-foot multi-tenant retail center in Oswego.
- Take advantage of low property taxes, recent capital improvements, and a net income of over $100,000 annually, supporting long-term stability.
- Secured by four internet-resistant tenants with flexible suite configurations, diverse tenancy drives steady customer traffic to the plaza.
- Positioned in a high-growth trade area near Downtown Aurora, with a rising population and household incomes exceeding the national average.
Executive Summary
100-112 Light Road in Oswego is available for auction purchase, offering a fully leased 10,200-square-foot multi-tenant retail center. Seven units comprise the property, with four currently leased to a stable tenant mix, including Mi Rancho Restaurant, Maytag Laundry, Ministerio Unidos en Cristo, and Oswego Food Mart. Three units are combined, allowing for flexible configurations and efficient future build-outs for investors.
Prominent pylon signage enhances visibility for businesses, and there is ample on-site parking with 20 spaces total. Recent capital improvements include a newer roof, resurfaced parking lot, and updated systems. The property is separately metered, carries low property taxes, and generates a net income exceeding $100,000 annually, making it a strong turnkey investment with the potential for future upside.
Minutes from State Route 31, just south of Downtown Aurora and 46 miles from Downtown Chicago, 100-112 Light Road is strategically situated in a high-demand area. Oswego’s growing population, above-average median household income of $102,420 within 1 mile, and projected 9.5% population growth through 2029 create a favorable consumer base.
Contact Rick Levin & Associates Inc. today to learn more about this auction opportunity.
Prominent pylon signage enhances visibility for businesses, and there is ample on-site parking with 20 spaces total. Recent capital improvements include a newer roof, resurfaced parking lot, and updated systems. The property is separately metered, carries low property taxes, and generates a net income exceeding $100,000 annually, making it a strong turnkey investment with the potential for future upside.
Minutes from State Route 31, just south of Downtown Aurora and 46 miles from Downtown Chicago, 100-112 Light Road is strategically situated in a high-demand area. Oswego’s growing population, above-average median household income of $102,420 within 1 mile, and projected 9.5% population growth through 2029 create a favorable consumer base.
Contact Rick Levin & Associates Inc. today to learn more about this auction opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,860 SF
Building Class
C
Year Built
1982
Price
$1,375,000
Price Per SF
$139.45
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.28 AC
Zoning
B-3 - Commercial Service & Wholesale District
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
269’ on Light Rd
Amenities
- Pylon Sign
- Restaurant
- Tenant Controlled HVAC
- Air Conditioning
Property Taxes
| Parcel Number | 03-08-151-002 | Improvements Assessment | $62,504 |
| Land Assessment | $47,483 | Total Assessment | $109,987 |
Property Taxes
Parcel Number
03-08-151-002
Land Assessment
$47,483
Improvements Assessment
$62,504
Total Assessment
$109,987
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