61 Franklin St
Oswego, IL 60543
Oswego District 308 Center Property · Specialty Property For Sale
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93,275 SF
INVESTMENT HIGHLIGHTS
- Excellent Oswego Development and Repurposing Opportunity
- Affluent Market with over $120,000+ Average Household Income within One Mile of the Property
- Potential for Mixed-use, Multi-family, Commercial or bring your own ideas
- High Traffic, High Visibility Location in Gateway to Downtown Oswego
- Main Street / Washington Street TIF District Location
PROPERTY FACTS
AMENITIES
- Property Manager on Site
- Signage
- Air Conditioning
ABOUT 61 FRANKLIN ST , OSWEGO, IL 60543
The District 308 Center Property consists of approximately 6.24 acres of vacant land (the “Vacant Parcel”) and 6.358 acres improved with a 93,274 square foot building that is the site of the former Traughber Junior High School (the “Improved Parcel”). Together, both the Vacant Parcel and the Improved Parcel measure approximately 12.598 acres (the “Entire Parcel”). Traughber Junior High School was built in 1947 with additions in 1953, 1959, 1962, 1975 and 1998, as well as other improvements. A portion of the building on the “Improved Parcel” is currently leased for use as a Senior Center. The lease is currently on a month-to-month basis. The “Vacant Parcel” requires a zoning change for multifamily and commercial development.
