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Highlights

  • Freestanding building on 0.24-acre parcel with private on-site parking.
  • Highly visible location on East Washington Street within vibrant commercial corridor.
  • Flexible indoor and outdoor dining potential to support varied restaurant models.
  • Convenient access to IL-71, IL-34, and major residential neighborhoods.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,677 SF
  • Negotiable
  • $28.00 /SF/YR $2.33 /SF/MO $46,956 /YR $3,913 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
30 Days

This freestanding restaurant property offers a rare turnkey leasing opportunity in the heart of Oswego, IL. Positioned on East Washington Street within a growing trade area, the site benefits from strong demographics and consistent local traffic. The existing infrastructure, including a fully equipped kitchen, bar components, and charming dining area, significantly reduces start-up time and costs for operators. Indoor and outdoor dining potential provides additional flexibility for a range of food and beverage concepts. With on-site parking and excellent visibility, this adaptable space is ideal for restaurateurs seeking a well-known location ready for immediate occupancy.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property
  • Turnkey opportunity with existing kitchen.
  • Stand-alone building with strong street visibility
  • On-site parking offering convenience.
  • Located in an established market.
Space Size Term Rental Rate Rent Type
1st Floor 1,677 SF Negotiable $28.00 /SF/YR $2.33 /SF/MO $46,956 /YR $3,913 /MO Triple Net (NNN)

1st Floor

Size
1,677 SF
Term
Negotiable
Rental Rate
$28.00 /SF/YR $2.33 /SF/MO $46,956 /YR $3,913 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
30 Days

This freestanding restaurant property offers a rare turnkey leasing opportunity in the heart of Oswego, IL. Positioned on East Washington Street within a growing trade area, the site benefits from strong demographics and consistent local traffic. The existing infrastructure, including a fully equipped kitchen, bar components, and charming dining area, significantly reduces start-up time and costs for operators. Indoor and outdoor dining potential provides additional flexibility for a range of food and beverage concepts. With on-site parking and excellent visibility, this adaptable space is ideal for restaurateurs seeking a well-known location ready for immediate occupancy.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property
  • Turnkey opportunity with existing kitchen.
  • Stand-alone building with strong street visibility
  • On-site parking offering convenience.
  • Located in an established market.

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at 228 E Washington St, Oswego, IL 60543

  • Tenant
  • Description
  • US Locations
  • Reach
  • Danelli's Pizzeria & Italian
  • Restaurant
  • 1
  • -
Tenant Description US Locations Reach
Danelli's Pizzeria & Italian Restaurant 1 -

Property Facts

Total Space Available 1,677 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 1,677 SF
Year Built 1967

About the Property

The property at 228 E Washington Street in Oswego, Illinois, consists of a single freestanding building of approximately 1,677 square feet situated on 0.24 acres. Built in 1967, the site is zoned B-1 and includes city utility connections. The building is configured for restaurant use and contains existing kitchen equipment and bar components. It is located in close proximity to key commercial routes and regional amenities, with nearby roadway connections via U.S. Route 34 and Illinois Route 71. The immediate trade area includes a mix of retail and residential developments with access to major consumer services.

  • Corner Lot
  • Restaurant

Attachments

Brochure
Fairly walkable
40/100
Very drivable
80/100
Moderately bikeable
60/100
  • Listing ID: 37131765

  • Date on Market: 8/5/2025

  • Last Updated:

  • Address: 228 E Washington St, Oswego, IL 60543

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