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Commercial Land for Sale in Oswego, Illinois

B-3 Commercial Acres State Route 31, Oswego, IL 60543

$1,595,000
5.43 acres
Active sale
Est $11,585/mo

INVESTMENT AND DEVELOPMENT OPPORTUNITY ON THE FOX RIVER! This 5.43-acre parcel is zoned B-2 Commercial and located within the Downtown Oswego TIF District-just one block from Village Hall and immediately north of the Route 34/Route 31 bridge. With panoramic views of the Fox River, Hudson Crossing Park, and Downtown Oswego, the property offers strong potential for a boutique hotel, restaurant, intimate banquet facility, or rooftop riverfront venue. The location is positioned to benefit from several major demand drivers, including the planned CRICKET STADIUM just a few miles away, nearby WEDDING VENUES regional soccer tournaments at STEWART PARK, Downtown Oswego events, and continued growth throughout the area. EXTENSIVE PRELIMINARY DUE DILIGENCE HAS ALREADY BEEN COMPLETED: * Preliminary Engineering * Topographic Survey * Soil Erosion Plan * IHPA Archaeological Survey and Release * Phase I Environmental Study * IEPA Permit * Village Engineering Review Documents * U.S. Army Corps of Engineers Wetlands Determination * Stormwater Management Analysis * IDOT Highway Permit The addition of Route 31 sidewalks will further strengthen pedestrian access and connectivity. A rare opportunity to bring a destination hospitality, dining, or entertainment concept to one of Oswego's most visible riverfront locations. Location, location, location!

Location

Street address
B-3 Commercial Acres State Route 31
Zip code
60543
Community
Oswego
School district
308
Elevation
656 feet
Coordinates
41.7038, -88.3665

Directions

On East Side of IL Route 31, Just North RT 34/Rt 31 Bridge & Oswego Village Hall. 5.43 Acre Commercial Parcel, on the Fox River & Providing Panoramic Views of Hudson Park & Downtown Oswego Business District

Property details

Acreage
5.43 acres
Zoning
COMMR
MLS #
MRED 12663512
Posted

Property taxes

2025
$4,306

Parcels

  • 0317152003

Details and features

Listing

Type
Land

Lot

Waterfront
Yes

Nearby schools

NameTypeDistrict
Fox Chase Elementary SchoolElementary308
Traughber Junior High SchoolMiddle308
Oswego High SchoolHigh308

Listing history

DateEventPriceChangeSource
May 8, 2025New listing$1,595,000—MRED
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This 5.43-acre property is located at B-3 Commercial Acres State Route 31 in Oswego, IL 60543. The land is available for sale, priced at $1,595,000 — $293,738 per acre.

Listed by John Greene, (630) 554-4400

Checked 1 hour agoUpdated Source

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