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    5Th St Oswego, IL 60543

    For Sale
    $1,469,000

    Prime Residential Land, R-4 Zoning, Utilities Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6.25-acre parcel of land presents a unique opportunity for residential development in the desirable Oswego, Illinois community. Located on Fifth Street, this property boasts convenient access to Route 34, a major thoroughfare with a high daily traffic volume of 29,471 vehicles. The property is zoned R-4, allowing for a variety of residential development options. Utilities are already available on-site, simplifying the development process and reducing upfront costs. Furthermore, detention facilities are already in place, eliminating the need for costly and time-consuming infrastructure development. The property's location within the Oswego Community Unit School District 308 offers families access to highly-rated schools. The two APN numbers associated with this property are 03-11-157-001 and 03-10-200-026. This is a rare opportunity to acquire a sizable, well-located residential land parcel in a thriving community. The asking price for this exceptional property is $1,469,000. Don't miss out on this chance to build your dream project or develop a profitable residential community. Contact us today to learn more.

    Property Features for 0 5Th St

    General Information

    Property type
    Land
    Lot Size
    272,250 SF

    HighLights

    • Utilities available on‑site.
    • On‑site detention system.
    • High visibility location near Route 34, boasting 29,471 vehicles per day.
    • Located within the desirable Oswego Community Unit School District 308.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oswego
    County
    Kendall
    State
    Illinois
    Longitude
    -88.3002641
    Latitude
    41.7013896

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    FAQs

    What type of property is this?
    Land - Prime Residential Land, R-4 Zoning, Utilities Available
    Where is this land located?
    The property is located at 5Th St Oswego, IL.
    What is the asking price?
    The asking price for this property is $1,469,000.
    What are key features of this property?
    This property features: Utilities available on-site.; On-site detention system.; High visibility location near Route 34, boasting 29,471 vehicles per day.
    Request Owner's contact information
    5Th St 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
    5Th St Oswego, IL 60543
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