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Listed by Leah Ericksonof Coldwell Banker Commercial Real Estate Group
$ 795,000
Est. payment /mo
Active
Lot 1 River Bank Spring Valley, IL 61362
11.16 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12479525
Annual Tax Amount $784
Tax Year 2024
Lot Size 11.160 Acres
Lot Dimensions 1215X400
Property Sub-Type Land
Property Description
Presenting a rare opportunity to acquire a working riverfront asset along the Illinois River, positioned for marine, logistics, and recreational use. This property offers direct river access with established barge tie-offs, making it ideally suited for operators seeking a strategic presence along a key Midwest waterway. The site includes a historic clubhouse structure and functional river frontage, supporting ongoing marine operations. A current assignable lease in place through July 31, 2030 provides immediate income, with flexibility via a 180-day termination option by either party. This property is best suited for marine and barge operators (fleeting, switching, mooring), river-based logistics users, recreational or outdoor-oriented ownership, strategic assemblage with nearby upland parcels. While the property offers unique riverfront capabilities, it is located within a regulated floodway, making it ideal for water-dependent and low-impact uses. Additional incentives may be available through the Enterprise Zone and Illinois Valley Port Authority, enhancing its appeal for qualified users. This is a rare chance to control functional Illinois River frontage with existing operational utility and income in place. EM to be payable via certified funds to Coldwell Banker Real Estate Group.
Location
State IL
County Bureau
Zoning OTHER
Rooms
Basement None
Interior
Heating Propane
Fireplace N
Laundry None
Exterior
Utilities Available Electric to Site
View Y/N true
Building
Sewer Septic Tank
Water Well
Schools
Middle Schools John F Kennedy Elementary School
High Schools Hall High School
School District 99, 99, 502
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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