INVESTMENT AND DEVELOPMENT OPPORTUNITY ON THE FOX RIVER! This 5.43-acre parcel is zoned B-2 Commercial and located within the Downtown Oswego TIF District-just one block from Village Hall and immediately north of the Route 34/Route 31 bridge. With panoramic views of the Fox River, Hudson Crossing Park, and Downtown Oswego, the property offers strong potential for a boutique hotel, restaurant, intimate banquet facility, or rooftop riverfront venue. The location is positioned to benefit from several major demand drivers, including the planned CRICKET STADIUM just a few miles away, nearby WEDDING VENUES regional soccer tournaments at STEWART PARK, Downtown Oswego events, and continued growth throughout the area. EXTENSIVE PRELIMINARY DUE DILIGENCE HAS ALREADY BEEN COMPLETED: * Preliminary Engineering * Topographic Survey * Soil Erosion Plan * IHPA Archaeological Survey and Release * Phase I Environmental Study * IEPA Permit * Village Engineering Review Documents * U.S. Army Corps of Engineers Wetlands Determination * Stormwater Management Analysis * IDOT Highway Permit The addition of Route 31 sidewalks will further strengthen pedestrian access and connectivity. A rare opportunity to bring a destination hospitality, dining, or entertainment concept to one of Oswego's most visible riverfront locations. Location, location, location!
Active
$1,595,000
5.43 Three Acres State Rte #B-31, Oswego, IL 60543
--beds
--baths
5.43Acres
Unimproved Land
Built in ----
5.43 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 121 days
- 39
- 1
Zillow last checked:
Listing updated:
Listed by:
Kimberly Kleronomos 630-664-4311,
john greene, Realtor,
Terry Anderson 630-294-6378,
john greene, Realtor
Source: MRED as distributed by MLS GRID,MLS#: 12663512
Facts & features
Property
Features
- Has view: Yes
- View description: Back of Property
- Has water view: Yes
- Water view: Back of Property
- Body of water: FOX RIVER
- Frontage length: 370
Lot
- Size: 5.43 Acres
- Dimensions: 370X802X390X556
Details
- Additional parcels included: 0317152003
- Parcel number: 0317152003
- Zoning: COMMR
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Community & HOA
Location
- Region: Oswego
Financial & listing details
- Annual tax amount: $4,306
- Date on market: 6/1/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Listed for sale | $1,595,000 |
Source: | ||
| 6/1/2026 | Listing removed | $1,595,000 |
Source: MRED as distributed by MLS GRID #12299777 Report a problem | ||
| 5/22/2026 | Price change | $1,595,000 |
Source: | ||
| 5/14/2026 | Price change | -- |
Source: MRED as distributed by MLS GRID #12299777 Report a problem | ||
| 5/7/2025 | Listed for sale | $1,595,000+10% |
Source: | ||
| 11/18/2024 | Listing removed | $1,450,000 |
Source: | ||
| 8/20/2024 | Listed for sale | $1,450,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 60543
Nearby schools
Schools provided by the listing agent
- Elementary: Fox Chase Elementary School
- Middle: Traughber Junior High School
- High: Oswego High School
- District: 308
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





