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Historic Downtown Oswego Office Space 55 S Madison St 1,286 SF Office Building Oswego, IL 60543 $399,900 ($310.96/SF)



Investment Highlights
- Prime Location
- Historic Downtown Oswego
- Great Visibility
- Move-In Ready
- High Traffic
- Furniture Available (Sold Separately)
Executive Summary
Professional office opportunity in the heart of Downtown Oswego! Ideally positioned on a highly visible corner at Route 34 & Madison, this
charming two-story property offers exceptional exposure along one of the area’s main thoroughfares. Originally built in 1854 and thoughtfully converted into professional office space, the building underwent a rehab in 2011 and received additional updates including fresh interior paint in 2023. The functional layout features a welcoming first-floor lobby/reception area, open workspace suitable for multiple desks, a conference room, and a main-level restroom. The second floor includes two private offices and an additional bathroom, providing flexibility for a variety of professional users. Additional amenities include onsite parking, an unfinished basement, and an outdoor storage shed offering valuable extra storage space. A rare opportunity to own or occupy a character-filled office property with modern updates, excellent visibility, and a premier downtown Oswego location.
charming two-story property offers exceptional exposure along one of the area’s main thoroughfares. Originally built in 1854 and thoughtfully converted into professional office space, the building underwent a rehab in 2011 and received additional updates including fresh interior paint in 2023. The functional layout features a welcoming first-floor lobby/reception area, open workspace suitable for multiple desks, a conference room, and a main-level restroom. The second floor includes two private offices and an additional bathroom, providing flexibility for a variety of professional users. Additional amenities include onsite parking, an unfinished basement, and an outdoor storage shed offering valuable extra storage space. A rare opportunity to own or occupy a character-filled office property with modern updates, excellent visibility, and a premier downtown Oswego location.
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$4,326
|
$3.36
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,326
|
$3.36
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $4,326 |
| Annual Per SF | $3.36 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $4,326 |
| Annual Per SF | $3.36 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
1,286 SF
Building Class
C
Year Built/Renovated
1854/2023
Price
$399,900
Price Per SF
$310.96
Building Height
2 Stories
Typical Floor Size
643 SF
Building FAR
0.23
Lot Size
0.13 AC
Zoning
B2 - Neighborhood Mixed-Use District
Amenities
- Signage
- Storage Space
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 03-17-336-011 | Total Assessment | $57,238 |
| Land Assessment | $27,660 | Annual Taxes | $4,326 ($3.36/SF) |
| Improvements Assessment | $29,578 | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
03-17-336-011
Land Assessment
$27,660
Improvements Assessment
$29,578
Total Assessment
$57,238
Annual Taxes
$4,326 ($3.36/SF)
Tax Year
2025 Payable 2026
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Historic Downtown Oswego Office Space | 55 S Madison St
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