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    5055 Rte 34 Hwy Oswego, IL 60543

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    For Sale
    $259,000

    Exceptional location for office, retail, and residential development.

    Lot size:
    0.94 Acres

    Property Features for 5055 Rte 34 Hwy

    General Information

    Standard status
    Active
    Lot size
    0.94 Acres

    Source: TRI-COUNTY PROPERTY MANAGEMENT & SALES LLC Agent ROGER BLOMGREN

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

    Overview

    Downtown District Development Site

    This commercial land is located within the Downtown District TIF Zone, offering a development site suitable for office, retail, and residential purposes. The property is positioned on a highly visible, signalized corner, directly opposite the Oswego Village Hall. Its location places it across from the village downtown area, a river park, and the Fox River. It is also situated one block from restaurants, shops, and venues for seasonal festivals. The average daily traffic count is 16,000 IDOT VPD and growing.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Oswego
    County
    Kendall
    State
    Illinois
    Longitude
    -88.316
    Latitude
    41.6565

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    FAQs

    What type of property is this?
    Commercial land - Exceptional location for office, retail, and residential development.
    Where is this commercial land located?
    The property is located at 5055 Rte 34 Hwy Oswego, IL.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: - Exceptional location in Downtown District TIF Zone.; - Development site suitable for office, retail, and residential use.; - **Full signalized, highly visible corner lot.**
    (815) 786-2404
    Request Owner's contact information
    5055 Rte 34 Hwy Oswego, IL 60543
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    Oswego, IL 60543
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    Realmo Value Estimation

    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.

    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.

    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
    5055 Rte 34 Hwy Oswego, IL 60543
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