Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1630 Us-34 Oswego, IL 60543
    Back to Search
    Property profile & analytics

    1630 Us-34 Oswego, IL 60543

    View on Map
    • Land
    • 30.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1630 Us-34

    Lot size
    30.00 lot acres
    Property type
    Land

    Description

    This exceptional 30-acre commercial land parcel presents a unique development opportunity in Oswego, Illinois. Strategically located along the highly trafficked US Highway 34 (Ogden Avenue), this property boasts exceptional visibility and accessibility. The site is divided into two parcels: a north parcel of approximately 16 acres and a south parcel of approximately 14 acres. Both parcels are zoned M-1 General Manufacturing District, offering a wide range of potential uses. These include, but are not limited to, retail, multifamily, single-family homes, townhouses, industrial facilities, affordable housing, and senior housing. The property enjoys convenient access to Route 30, further enhancing its strategic location. High daily traffic counts are a significant advantage, with approximately 28,700 vehicles traversing US Highway 34 daily and 27,900 vehicles on Route 30. The property's location ensures high visibility and accessibility for any development. The parcel identification numbers (PINs) are 03-02-30--006 & 03-11-100-003. 2023 property taxes totaled $1,383. This prime location and flexible zoning make this a compelling investment opportunity for developers seeking a high-impact project in a thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oswego
    County
    Kendall
    State
    Illinois
    Longitude
    -88.294
    Latitude
    41.711

    Comparable in this City

    • Value Estimation by Request
      12.50 Acres

      3501 Orchard Rd

      Land • 12.50 Acres
      3501 Orchard Rd, Oswego, IL 60543
      View Details
    • Value Estimation by Request
      2.00 Acres

      1268 Ogden Ave

      Land • 2.00 Acres
      1268 Ogden Ave, Oswego, IL 60543
      View Details
    • Value Estimation by Request

      2071 Wiesbrook Dr

      Land
      2071 Wiesbrook Dr, Oswego, IL 60543
      View Details
    • Value Estimation by Request
      0.43 Acres

      155 Madison St

      Land • 0.43 Acres
      155 Madison St, Oswego, IL 60543
      View Details
    • Value Estimation by Request
      15.15 Acres

      1210 Us-34

      Land • 15.15 Acres
      1210 Us-34, Oswego, IL 60543
      View Details
    • Value Estimation by Request
      5.20 Acres

      Nwc Rte 30 & Treasure Dr

      Land • 1,500 SF
      0 Nwc Rte 30 & Treasure Dr, Aurora, IL 60543
      View Details

    Similar Nearby for Sale

    • $350,000
      6.93 Acres

      Oswego Riverfront Development Land

      7 Acres, R-3 Zoning, Prime Location
      0 Il-25, Oswego, IL 60543
      View Details
    • Contact for pricing

      Unincorporated Land Near Medical Center

      Unincorporated land in Aurora near Rush Copley Medical Center.
      6275 State Route 71, Oswego, IL 60543
      View Details
    • Contact for pricing

      1.69 Acres Land For Sale

      1.69 acres of land available near Orchard & Mill.
      1901 South Orchard Rd, Oswego, IL 60543
      View Details
    • Contact for pricing

      1.13 Acres Land For Sale

      1.13 acres of land available near Orchard & Mill.
      1601 South Orchard Rd, Oswego, IL 60543
      View Details
    • $1,495,000

      Land for Sale in Oswego

      Land available for purchase on State Route 31, Oswego, IL.
      2350 State Route 31, Oswego, IL 60543
      View Details
    • Contact for pricing

      Oswego Commercial Land For Sale

      Land in Oswego's commercial corridor with high visibility.
      1630 Us Highway 34, Oswego, IL 60543
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Orchard Road Commercial Land

      Commercial land for rent with high traffic frontage.
      2501-2751 Orchard Rd, Oswego, IL 60543
      View Details
    • Contact for pricing

      Retail Development Opportunity on Orchard

      New multi-tenant shopping center development opportunity in 2026.
      2501 Orchard Rd, Oswego, IL 60543
      View Details
    • Contact for pricing

      Prime Retail Development Land Available

      Up to 12.5 acres for retail development in Illinois.
      3501 Orchard Rd, Oswego, IL 60543
      View Details
    • Contact for pricing

      Retail Space on Orchard Road

      New retail building in fast-growing area near Orchard Road.
      3200 Orchard Rd, Oswego, IL 60543
      View Details
    • Contact for pricing
      1,677 SF

      Equipped Restaurant Space Available

      Turnkey restaurant opportunity with equipped kitchen and functional bar.
      228 E Washington St, Oswego, IL 60543
      View Details
    • Contact for pricing

      Oswego Office Suite For Rent

      Large second-floor office suite in prime Oswego location.
      2015 Rte 34, Oswego, IL 60543
      View Details
    Request Owner's contact information
    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.
    1630 Us-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
    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

    Thank You for Inquiry
    1630 Us-34, Oswego, IL, 60543
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!