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61 Franklin St
Oswego, IL 60543
Oswego District 308 Center Property · Specialty Property For Sale · 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

Property Type Specialty
Property Subtype
School
  • Specialty Religious Facility
Lot Size 12.59 AC
Building Size 93,275 SF
No. Stories 2
Year Built/Renovated 1947/1998
Parking Ratio 1.07/1,000 SF
Zoning R-1
Parcel Numbers
Multiple
  • 03-17-455-015
  • 03-17-387-001
  • 03-17-387-002

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.

  • Listing ID: 14750788

  • Date on Market: 1/2/2019

  • Last Updated:

  • Address: 61 Franklin St, Oswego, IL 60543

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