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259-260 Calumet St - Two Development Parcels 0.81 Acres of Commercial Land Offered at $1,299,000 in Oswego, IL 60543


Investment Highlights
- Investment Opportunity
- Development Potential
- Prime Location
- High Traffic Count
- Double Lots
Executive Summary
Exceptional opportunity to acquire two prime commercial parcels at 259 and 260 Calumet Street in Oswego. Both properties are double lots and have been rezoned to B-1 Regional Business District, offering tremendous flexibility for a wide range of uses including retail, medical, daycare, restaurant, and professional office development. The generous lot sizes provide ample room for parking and future expansion.
The Village of Oswego plans to vacate the roadway separating the two properties all the way to the rear property lines, creating one large, contiguous development site and significantly enhancing the property's usability and redevelopment potential.
Ideally positioned across from one another and adjacent to the new Dunkin' at the highly traveled intersection of Route 34 and Washington Street, these sites benefit from outstanding visibility, convenient access, and strong daily traffic counts. Located next to Oswego High School and surrounded by established and growing residential neighborhoods, the properties offer a built-in customer base and exceptional exposure to both local residents and commuters. Don't miss this rare opportunity to secure a prominent commercial footprint in one of the community's most active corridors!
The Village of Oswego plans to vacate the roadway separating the two properties all the way to the rear property lines, creating one large, contiguous development site and significantly enhancing the property's usability and redevelopment potential.
Ideally positioned across from one another and adjacent to the new Dunkin' at the highly traveled intersection of Route 34 and Washington Street, these sites benefit from outstanding visibility, convenient access, and strong daily traffic counts. Located next to Oswego High School and surrounded by established and growing residential neighborhoods, the properties offer a built-in customer base and exceptional exposure to both local residents and commuters. Don't miss this rare opportunity to secure a prominent commercial footprint in one of the community's most active corridors!
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$11,278
|
$13,923.46
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,278
|
$13,923.46
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $11,278 |
| Annual Per AC | $13,923.46 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $11,278 |
| Annual Per AC | $13,923.46 |
Property Facts
| Price | $1,299,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.81 AC |
| Property Type | Land | ||
| Zoning | B1 - Regional Business District | ||
| Price | $1,299,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.81 AC |
| Zoning | B1 - Regional Business District |
1 Lot Available
Lot
| Price | $1,299,000 | Lot Size | 0.81 AC |
| Price Per AC | $1,603,703.70 |
| Price | $1,299,000 |
| Price Per AC | $1,603,703.70 |
| Lot Size | 0.81 AC |
Both properties are double lots & have been rezoned to B-1 Regional Business District, offering flexibility for a wide range of uses. The Village of Oswego plans to vacate the roadway separating the properties all the way to the rear property lines.
1 1
Fairly walkable
40/100
Moderately drivable
70/100
Fairly bikeable
50/100
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259-260 Calumet St - Two Development Parcels
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