5.43 B-3 Commercial Acres State Route 31, Oswego, IL 60543
Local realty services provided by:CENTURY 21 New Heritage
5.43 B-3 Commercial Acres State Route 31,Oswego, IL 60543
$1,595,000
- 5.43 Acres
- Lots / Land
- Active
Listed by: kimberly kleronomos, terry anderson
Office: john greene, realtor
MLS#:12663512
Source:MLSNI
Price summary
- Price:$1,595,000
About this home
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!...
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Home facts
- Listing ID #:12663512
- Updated:October 29, 2026 at 11:35 AM
Structure and exterior
- Lot area:5.43 Acres
Schools
- High school:Oswego High School
- Middle school:Traughber Junior High School
- Elementary school:Fox Chase Elementary School
Finances and disclosures
- Price:$1,595,000
- Tax amount:$4,306 (2025)
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