Current Use by Public Records
- Land
Property Details for 1210 Us-34
- Lot size
- 15.15 lot acres
- Property type
- Land
Description
This exceptional 15.15-acre development site in Oswego, Illinois, presents a lucrative investment opportunity. Located at 1210 US-34, this property boasts 460 feet of frontage on Route 34/Route 30, ensuring high visibility and accessibility. The site's prime location is surrounded by established businesses including Sam's Club, JCPenney, Sephora, Menards, and numerous other national retailers and restaurants, guaranteeing a strong customer base. A reserved signage parcel on the hard corner of Route 34 and Ogden Falls Drive provides additional marketing potential. The property is currently generating a net operating income (NOI) of $85,461.84 annually from existing tenants. Zoned for mixed-use development, this land is ideal for retail, senior housing, or a combination of commercial and residential projects. The property is comprised of three parcels (APN: 03-02-450-002, 03-02-450-003 & 03-02-450-004) and is available for purchase at $5,279,472. The seller will subdivide the land to accommodate various development plans. This is a rare opportunity to acquire a highly desirable commercial and residential development site in a thriving market. The property's strategic location and existing NOI make it an attractive investment with significant upside potential.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Oswego
- County
- Kendall
- State
- Illinois
- Longitude
- -88.2841
- Latitude
- 41.7161
