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$290,000 -$35,000 (-10.77%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 1,663 Sq. Ft.
  • Updated 1 day ago
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Incredible location in the heart of downtown Oswego's business and shopping district. Enjoy the free marketing of 1000's of cars a day at your doorstep! Home has been gutted by the current owner and is ready for updated electric, plumbing, and/or whatever creativity you have in mind! Building has almost 1700 SF of usable space with 2 stories. Easily remodeled for a retail space, office, slot machine cafe, or whatever your entrepreneurial desires require! The true value is the location. Come view this opportunity and let your imagination run wild!

Full Property Details for 61 S Madison St

General

  • Price: $290,000
  • Taxes: $3,275 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12478398
  • Updated: 1/14/2026
  • Added to Site: 114 day(s) ago

Location

  • Area: Oswego
  • County: Kendall
  • Driving Directions: Take Rt. 34 west of Rt 71 to 61 S. Madison on the right

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Other

Structural Information

  • Stories/Levels: 2
  • Square Feet: 1,663
  • Year Built: 1865

Lot Features

  • Lot Size (Sq. Ft.): 5,556
  • Lot Dimensions: 66 x 83

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Assessment Year: 1865
  • Tax Amount: $3,275
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 317336012

Listed by RE/MAX of Naperville

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Listing agent

— 61 S Madison St —

  • RE/MAX of Naperville

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 61 S Madison St

School District:Oswego Community Unit School District 308
NameGradesDistance
Southbury Elementary School
820 Preston Lane, Oswego, IL 60543
K-51.4 mi
Traughber Jr High School
570 Colchester Drive, Oswego, IL 60543
6-81.4 mi
Oswego High School
4250 State Route 71, Oswego, IL 60543
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 61 S Madison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$290,000
-10.77%
MLS
10/13/2025
Price Reduced
$325,000
-7.14%
MLS
9/23/2025
Listed
$350,000
45.83%
MLS
4/17/2020
Sold
$240,000
—
Public Record
Get Price Alerts and Save Property
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 for 61 S Madison St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,275
-8%
$40,691
—
2023
$3,564
100%
$40,691
-29%
2022
-100%
$57,321
—
2021
$5,363
39%
$57,321
40%
2020
$3,858
-2%
$40,830
—
2019
$3,919
-6%
$40,830
-2%
2018
$4,181
-2%
$41,826
—
2017
$4,288
-1%
$41,826
—
2016
$4,350
-5%
$41,826
—
2015
$4,563
-6%
$41,826
—
2014
$4,835
1%
$41,826
—
2013
$4,776
5%
$41,826
-2%
2012
$4,534
—
$42,680
—
View All
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 for 61 S Madison St

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61 S Madison Street, Oswego, IL 60543 (MLS# 12478398) is a Commercial property. 61 S Madison Street is currently listed for $290,000 and was received on September 23, 2025. Want to learn more about 61 S Madison Street? Do you have questions about finding other Commercial real estate for sale in Oswego? You can browse all Oswego real estate or contact a Coldwell Banker agent to request more information.

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