Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1200 Us Highway 34 Oswego, IL 60543

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    15.11 acres with 460' frontage on Route 34.

    Lot size:
    15.15 Acres

    Property Features for 1200 Us Highway 34

    General Information

    Lot size
    15.15 Acres

    We can help!

    Listing Contact
    Peter Karlis
    Peter Karlis
    Source: Moodyscre

    Listing Agent: Peter Karlis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    15.11 Acres on Route 34

    This 15.11-acre commercial land parcel features over 460 feet of frontage on Route 34, situated in a regional shopping district. The property benefits from a signalized intersection at Route 34, Route 30, and Ogden Falls Boulevard. The owner is willing to subdivide the land to accommodate various uses, including multifamily housing, senior housing in the back portion, and retail pad sites along Route 34. Currently, a trucking company master leases 6 acres on the easternmost part of the property, generating income. Traffic counts on Route 34 average 43,000 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oswego
    County
    Kendall
    State
    Illinois
    Longitude
    -88.284164
    Latitude
    41.716106

    Nearby Similar for Sale

    • $290,000
      1,700 SF

      Downtown Oswego Retail Opportunity

      Two-story retail space in downtown Oswego's business district.
      61 S Madison St, Oswego, IL 60543
      View Details
    • $2,150,000
      14.74 Acres

      Rare Riverfront Commercial Opportunity

      14.5-acre property with river frontage, private lake, and 12,000-SF building.
      1626 State Route 31, Oswego, IL 60543
      View Details
    • $550,000
      0.24 Acres

      Oswego Commercial Investment Opportunity

      All-brick building in downtown Oswego, leased to a government entity.
      26 S Madison St, Oswego, IL 60543
      View Details
    • $950,000
      1.49 Acres

      Oswego Commercial Investment Opportunity

      Two buildings on 1.49 acres with high traffic visibility.
      4025 Rte 34, Oswego, IL 60543
      View Details
    • $342,000

      Spacious Townhome in Churchill Club

      End-unit townhome with modern kitchen, flexible space, and community amenities.
      381 Chesapeake Ln, Oswego, IL 60543
      View Details
    • $310,000
      1,600 SF

      Stylish Townhome in Southbury Community

      Well-maintained 2-bedroom townhome with modern amenities and community features.
      205 Lakeshore Dr, Oswego, IL 60543
      View Details
    • $1,447,686

      Industrial Building in Kendall Point

      Multi-purpose 13,000 SF industrial building in Kendall Point Business Park.
      172 Kirkland Cir, Oswego, IL 60543
      View Details
    • $1,645,000
      13,892 SF

      Flex Property with Retail, Industrial, Office

      Flex property with retail, industrial, and office space available.
      1210 Us Highway 34, Oswego, IL 60543
      View Details
    • $1,550,000

      Stand-Alone Industrial Building on 1.19 Acres

      10,360 SF industrial building with updated office and warehouse space.
      90 Templeton Dr, Oswego, IL 60543
      View Details
    • $999,000
      4,863 SF

      Retail Property on Busy Highway

      Retail property with high traffic volume on Route 34.
      4025 Us Highway 34, Oswego, IL 60543
      View Details
    • Contact for pricing

      Oswego Community Center For Sale

      Community center in a large Oswego retail trade area.
      1720 Douglas Rd, Oswego, IL 60543
      View Details
    • $375,000
      5,371 SF

      Oswego Church/School - Huge Potential

      Spacious building, ample land, R-3 zoning.
      254 Madison St, Oswego, IL 60543
      View Details

    FAQs

    What type of property is this?
    Land - 15.11 acres with 460' frontage on Route 34.
    Where is this land located?
    The property is located at 1200 Us Highway 34 Oswego, IL.
    What are key features of this property?
    This property features: - 15.11 Acres with **460' frontage on Route 34** in a regional shopping district.; - **High Traffic Counts: 43,000 VPD** on Route 34.; - Signalized Intersection of Route 34, Route 30, and Ogden Falls Blvd.
    (630) 853-1313
    Request Owner's contact information
    1200 Us Highway 34 Oswego, IL 60543
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1200 Us Highway 34
    Oswego, IL 60543
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1200 Us Highway 34 Oswego, IL 60543
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Peter Karlis
    Peter Karlis
    Real Estate License ID: 471018214
    (630) 853-1313
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.