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228 E Washington St 1,677 SF of Retail Space Available in Oswego, IL 60543
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,677 SF | Negotiable | $39.09 CAD/SF/YR $3.26 CAD/SF/MO $65,547 CAD/YR $5,462 CAD/MO | Triple Net (NNN) |
1st Floor
Positioned in the heart of Oswego, Illinois, 228 E Washington St offers a rare opportunity to lease a fully equipped, standalone restaurant space in a high-visibility location. Formerly home to Danelli’s Ristorante, this charming property is ideal for restaurateurs seeking a turnkey solution with minimal upfront investment. The building features a spacious commercial kitchen with large prep areas, a hood system, and a brand-new grease trap installation underway. Electrical upgrades are also in progress, ensuring modern operational efficiency. The dining area exudes warmth and character, complete with booths, tables, chairs, and décor—all included in the lease. A functional bar area is ready to serve, making this space perfect for a full-service restaurant, café, or brewpub concept. With private on-site parking and standalone visibility, the property offers both convenience and branding potential. Located just 0.5 miles from Downtown Oswego and surrounded by national retailers like 7-Eleven, Jimmy John’s, and Ace Hardware, the site benefits from strong foot traffic and a vibrant local community. Demographics within a 1-mile radius show a median household income of $129,364 and a median net worth of $525,101, underscoring the area's affluence and spending power.
- 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
- Fully equipped kitchen
- Turnkey dining room with existing FF&E included
- Functional bar area with fixtures in place
- Standalone building with private on-site parking
- Located near Downtown Oswego and major retailers
- Surrounded by affluent demographics
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 | Gross Leasable Area | 1,677 SF |
| Property Type | Retail | Year Built | 1967 |
| Property Subtype | Restaurant |
| Total Space Available | 1,677 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,677 SF |
| Year Built | 1967 |
FEATURES AND AMENITIES
- Corner Lot
- Restaurant
Presented by
228 E Washington St
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