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ActiveMLS #: 126635121 / 5Get an accurate number
ActiveMLS #: 126635121 / 55.43 acres
$1,595,000
5.43 B-3 Commercial Acres State Route 31, Oswego IL, 60543
Est. payment: $8,805/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Lot size
5.43 acres
Property type
Land
Listed by Kimberly Kleronomos with john greene, Realtor
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
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
5.43 B-3 Commercial Acres State Route 31, Oswego IL, 60543
- Township
- Oswego
- County
- Kendall
- Area
- Oswego
Exterior and lot
- Lot size
- 5.43 acres (370X802X390X556)
- Waterfront
- Yes
- Total parking
- 0
- Utilities
- Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Schools
- Elementary
- Fox Chase Elementary School
- Elementary district
- 308
- Middle
- Traughber Junior High School
- Middle district
- 308
- High school
- Oswego High School
- High school district
- 308
Taxes and ownership
- Annual taxes
- $4,306 (2025)
- Ownership
- Fee Simple
Listing details
- MLS number
- 12663512
- Status
- Active
- Property type
- Land
- Town
- Oswego
- ZIP
- 60543
- Updated
- Sep 9, 2026
Estimate your payment
Term, years
Your monthly payment will be
$8,805
Principal, interest, and estimated taxes.
Loan $1,276,000 Down $319,000
- Principal and interest
- $8,446
- Property taxes (2025, per the listing)
- $359
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
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