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Investment Highlights

  • Proposed 7-acre site, annexed to Oswego, with utilities in place.
  • Adjacent to established single-family and multifamily neighborhoods.
  • Surrounded by national retailers and dining options, ensuring strong traffic and visibility.
  • Suitable for multifamily, senior housing, mixed-use, or retail development.
  • One mile from Rush Copley Medical Center, a key regional healthcare facility.
  • Part of a high-income trade area with strong consumer demand.

Executive Summary

This 7.32-acre development site is strategically located along Ogden Falls Boulevard in Oswego, IL, within the thriving Fox River Valley market. Positioned in a rapidly growing residential and retail corridor, the property offers flexible zoning (B2), allowing for diverse development opportunities such as mixed-use, multifamily communities, senior living facilities, or retail. The site benefits from strong area demographics, with an average household income exceeding $130,000 within a one-mile radius.
Its location provides exceptional connectivity to established residential neighborhoods, major retailers—including Sam’s Club, Meijer, Target, and Hobby Lobby—and is situated just one mile from Rush Copley Medical Center, a major healthcare provider for the region. Annexed to the Village of Oswego with utilities to the site, it offers developers a streamlined path for construction. An additional 5.5 acres adjacent to the property is also available, creating a large-scale opportunity for a comprehensive development.

Property Facts

Price $1,750,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
  • Apartment Units - Senior
Total Lot Size 7.30 AC
Zoning B-2 - Neighborhood Business or General Business District

1 Lot Available

Lot

Price $1,750,000
Price Per AC $239,726.03
Lot Size 7.30 AC

This property can be subdivided for a variety of uses, including multifamily and senior housing or retail commercial. Additional 5.5 acres adjacent to site also available for a total of over 13 acres.

Description

Land site located on Ogden Falls Boulevard in Oswego, Illinois with zoning B2. The parcel consists of 7.32 acres within the Fox River Valley market and is capable of supporting multifamily, mixed-use, senior housing, or retail projects. The location is in proximity to existing residential communities, retail amenities, and Rush Copley Medical Center. Utilities are available and the parcel is annexed to the Village of Oswego. Additional adjacent land of approximately 5.5 acres may be assembled for a larger development footprint.

Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
03-02-450-004
Land Assessment
$9,032
Improvements Assessment
$0
Total Assessment
$9,032
  • Listing ID: 20432992

  • Date on Market: 6/28/2016

  • Last Updated:

  • Address: 1210 US Highway 34, Oswego, IL 60543

Contact the Sale Advisor

1210 US Highway 34 - Multifamily/Retail Development Site

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