Oswego is a regional shopping and dining destination home to national and independent retailers and restaurants. Sales tax is Oswego’s largest revenue source, and about 60% of retail sales are from shoppers who live outside of Oswego.

At the heart of the Village’s economic development program is investment in Oswego’s charming downtown, which offers unique, independent shops and dining. During FY 2019, Village staff brokered a redevelopment agreement for the former Village Hall site and finalized engineering on the transformation of three downtown blocks that will soon be home to new residents, restaurants, shops and offices.

The Route 34 corridor in Oswego offers more than 2.2 million square feet of commercial space. Anchor stores include Best Buy, Dick’s Sporting Goods, Hobby Lobby, The Home Depot, Kohl’s, Meijer, Target, and Wal-Mart and are joined by many well-known chain restaurants, plus a growing number of family- oriented entertainment facilities.

The Orchard Road Corridor is the Village’s second largest commercial corridor, anchored by Jewel-Osco, several banks, a health care facility, restaurants, and a senior residential facility, with additional room for growth.

Four business parks – the 300-acre Kendall Point Business Center, the 130-acre Stonehill Business Park, the Highland Business Center, and Farmington Lakes Office Campus – provide space and amenities for commercial and industrial development.

Demographics

The Village of Oswego is among the fastest-growing communities in Illinois. We boast:

• Population: 34,585 (2020 Census)
• Median annual household income: $97,330 (2020)
• Median age: 37.0 (2020)

You can find additional demographic information on the U.S. Census Bureau website. 

Traffic Counts

 Oswego's highest trafficked retail corridors are: 

• U.S. Route 34: 45,000 vehicles per day
• U.S. Route 30: 26,000 vehicles per day
• State Route 71: 18,000 vehicles per day
• Orchard Road: 18,000 vehicles per day

 An interactive traffic count map is available from the Illinois Department of Transportation.