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$2,000,000 -$150,000 (-6.98%) Price Reduced
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Property Description
You need to check out this incredibly rare property that does not become available too often. 14.5 acres located right on the Fox River near Downtown Oswego, with its own private lake. This property has over 700' of river frontage! Amenities on this expansive property include: huge wrapping driveway that allows for extensive privacy off the main road, basketball court, playground, private lake, river frontage, 2 large sheds that can be upgraded/renovated to more livable spaces (currently just used as storage), and the best part is a massive free-standing 12,000 sq ft building equipped with elevator/full commerical kitchen (appliances/hood system/commercial dishwashing station all included)/massive event space and separate large dining space/12 dorm rooms with 4 bunk beds in each room sleeping 8 comfortably per room/laundry room/designated office spaces/designated AV room/6 bathrooms/plenty of storage/tons of furniture, supplies, dishes, cookware, tables, chairs, ect. The property also has RV hook-ups. This property has pleasant surprises around every corner, that you simply need to check out for yourself. It was being used as a spiritual retreat, but the possibilities are honestly endless for what you can do with such a unique lot: summer camp, RV park, spiritual retreat, spa retreat, tree/plant nursery, senior care facility, get a simple re-zoning and building a beautiful waterfront estate; my personal favorite idea would be to turn this into a stunning wedding reception venue since it already has the commerical kitchen for catering, large space for ceremony, dining space, dance floor, bathrooms...all of it is ready to go! Call listing agent to schedule a showing.
Full Property Details
Full Property Details for 1626 State Rte 31
General
- Price: $2,000,000
- Taxes: $18,796 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12491440
Business
- Business Type: Other
- Seating Capacity: 100 or More
Interior
- Interior Features: Common Lunchroom(s), Common Meeting Room(s), Employee Kitchen, Passenger Elevator(s), Accessible Entrance, Accessible Washroom/s, Heavy Floor Load, Inside Corridor(s), Private Restroom(s), Public Restroom(s), Storage Inside, Furnished Units Available, Laundry Room
Location
- Area: Oswego
- County: Kendall
- Driving Directions: From Downtown Oswego turn North on Rt 31. About a mile ahead on the East side of Rt 31. Private driveway is next to mailbox
- Location Details: Mixed-Use Area, Riverfront, Waterfront, Water View, Freestanding/Urban, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 2
- Square Feet: 12,600
- Current Bldg. Use: Commercial, Special Use
Lot Features
- Lot Size (Sq. Ft.): 642,083
- Lot Size Range: 10.0 to 24.99 Acres
- Lot Dimensions: 1675 x 739 x 672 x 528 x 729 x 135
- Frontage: State Road
- Potential Use: Commercial, Estate, Development, Recreational, Residential, Multi-Family, Single Family, Special Use, Zoning Change Required
Water Features
- Water Front: Yes
- Water Front View: Back of Property
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $18,796.74
- Tax Year: 2024
- Tenant Pays: Electricity, Heat, Taxes, Insurance, Repairs
Disclosures and Reports
- Property ID: 308326001
Listed by Century 21 Integra
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Schools
Schools serving 1626 State Rte 31
School District:Oswego Community Unit School District 308
| Name | Grades | Distance |
|---|---|---|
Fox Chase Elementary School 260 Fox Chase Drive North, Oswego, IL 60543 | K-5 | 0.6 mi |
Traughber Jr High School 570 Colchester Drive, Oswego, IL 60543 | 6-8 | 2.2 mi |
Oswego High School 4250 State Route 71, Oswego, IL 60543 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1626 State Rte 31
Date
Details
Price
Change
Source
5/28/2026
Price Reduced
$2,000,000
-6.98%
MLS
10/08/2025
Listed
$2,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1626 State Rte 31
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,797
—
$339,567
100%
2024
$18,797
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1626 State Rte 31
1626 State Route 31, Oswego, IL 60543 (MLS# 12491440) is a Business property. 1626 State Route 31 is currently listed for $2,000,000 and was received on October 08, 2025. Want to learn more about 1626 State Route 31? Do you have questions about finding other Business real estate for sale in Oswego? You can browse all Oswego real estate or contact a Coldwell Banker agent to request more information.

