Commercial Real Estate Market in Oswego, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
40 active listings and 743 off-market properties in Oswego, IL. Commercial property asks $206/SF to buy (based on 6 listings) and $23.00/SF/Yr to lease (based on 8 listings).
Market Trends
Oswego, IL spans 41.9 square miles in Kendall County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Oswego, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Oswego, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Oswego, IL runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Oswego, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 83.7%
- Civic 10%
- Industrial 5.2%
- Agricultural 1.2%
Largest Zones share of zoned land by district
Oswego, IL zones 9,332 acres across 10 districts. The largest single district is Single Unit Dwelling District at 53.2%. For commercial buyers the practical constraint is that only 5.2% of land carries a commercial or industrial designation.
The R-2 District is established to accommodate moderate density residential development. The R-2 District allows single-unit dwellings, other residential uses, and limited non-residential uses that are compatible with surrounding residential neighborhoods
Market overview
Demographics & Economy
Oswego, IL has 40,299 residents in 14,327 households. Density runs 961 people per square mile. Median household income here is $116,507 and median gross rent $1,558 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Plainfield | $254 | $20.50 |
| Aurora | $113 | $18.50 |
| Bolingbrook | $271 | $18.00 |
Commercial property in Oswego, IL asks $206/SF. The 3 bordering markets run from $113/SF in Aurora to $271/SF in Bolingbrook, and the city sits below their $254/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Oswego?
How much does it cost to lease commercial space in Oswego?
How does Oswego compare to nearby markets on price?
What zoning applies to commercial property in Oswego?
Where does Realmo's Oswego market data come from?
Methodology & data sources
- Asking prices and medians
- There are 18 active for-sale and 22 active for-lease listings in Oswego, IL. The medians are based on 6 of the for-sale and 8 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 9,332 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
