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270-280 E Washington St - QSR Potential 0.77 Acres of Commercial Land Offered at $1,299,000 in Oswego, IL 60543

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Investment Highlights

  • Prime Location
  • High Traffic
  • Redevelopment Opportunity
  • QSR Potential
  • Near Downtown Oswego

Executive Summary

Offered for sale are two improved lots totaling 0.77 acres located in the heart of Oswego at 270 and 286 E Washington Street, immediately adjacent to Oswego High School and just steps from the newly established Dunkin’ Donuts. The site is also near the proposed condensed housing redevelopment at the former Traughber Junior High School to the north. The parcels currently contain homes but are zoned for commercial development, offering a rare opportunity to build in a high-traffic, highly visible location. These lots are ideal for quick-service restaurants, retail, or other commercial uses, benefiting from strong visibility along a major local corridor and easy access to surrounding neighborhoods. With steady growth in the area and increasing demand for dining and service-oriented businesses, this property provides an excellent platform for investors and developers looking to capitalize on Oswego’s expanding market.

Property Facts

Price $1,299,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Fast Food
  • Restaurant
  • Storefront
Total Lot Size 0.77 AC
Zoning B-1 - Business District

1 Lot Available

Lot 1 & 2

Price $1,299,000
Price Per AC $1,687,012.99
Lot Size 0.77 AC

Two improved lots totaling 0.77 acres, adjacent to Oswego High School and steps from the new Dunkin’. The site is near the proposed condensed housing redevelopment at the former Traughber Junior High School to the north.

Description

Offered for sale are two improved lots totaling 0.77 acres located in the heart of Oswego at 270 and 286 E Washington Street, immediately adjacent to Oswego High School and just steps from the newly established Dunkin’ Donuts. The parcels currently contain homes but are zoned for commercial development, offering a rare opportunity to build in a high-traffic, highly visible location. These lots are ideal for quick-service restaurants, retail, or other commercial uses, benefiting from strong visibility along a major local corridor and easy access to surrounding neighborhoods. With steady growth in the area and increasing demand for dining and service-oriented businesses, this property provides an excellent platform for investors and developers looking to capitalize on Oswego’s expanding market.

Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03-20-203-010
  • 03-20-203-009
Land Assessment
$44,802
Improvements Assessment
$129,774
Total Assessment
$174,576
  • Listing ID: 39239826

  • Date on Market: 1/28/2026

  • Last Updated:

  • Address: 270-280 E Washington St, Oswego, IL 60543

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