Springs at Oswego

About Springs at Oswego

Offers Due:  Tuesday, May 19, 2026

The Perfect Time to Invest in Oswego

• 17.6% population growth in the last 5 years in Oswego | 9.5% growth in Kendall County.
• Growth of high-earning households is outpacing multifamily supply: - Through 2030, renter-occupied households earning $100k+ are projected to grow by 5–8%, while multifamily inventory growth remains limited at just 0–2%.
• Offers A-rated schools at a 33% discount to home values compared with nearby suburbs.
• $850M+ in recent and planned developments, including $700M Metra expansion, $100M cricket stadium, and $50M Megalodome golf facility.

Favorable Tax Environment Driven by a Growing Tax Base

• 14.8% decrease in property tax rate over the last 5 years as growth in Oswego’s tax base continues to outpace the levy, resulting in consistently lower tax rates YOY.
• 16% average reduction in tax bills between 2019–2024 across stabilized multifamily properties in Oswego.
• Continued development in Oswego supports trends as national homebuilders like Lennar and DR Horton provide a “stamp of approval” with large for-sale projects, further expanding the tax base.

Uniquely Differentiated Direct Access Rental Product Catering to High Earning HHs

• Positioned as the only newer construction, direct-access community in the market, appealing to both young families and young professionals due to a diverse unit mix.
• Other comps in the submarket are either BTR properties with heavy 2BR+ unit concentrations, 15+ years older, or shared access.
• Tenant Avg HH Incomes of $138k (nearly 6x average rent), and 42% of residents aged 19–34.

Unmatched Connectivity: Premier Retail-Adjacent Location with Access to Top Employers

• 2.2M SF of retail within 5-min drive and direct-access to retail on-site via walking path providing tenants with proximate access to a full range of retailers such as Walmart, Orangetheory, Target, and Starbucks.
• 315k Jobs within 30 min drive – major employers include Rush Copely Medical Center, DHL, and Advocate Healthcare.
• Population of 200k people within a 5-mi radius – comparable to Naperville and Wheaton, and greater than St. Charles, Plainfield, and Romeoville.