Lot 1 River Bank, Spring Valley, IL 61362

$795,000
  • Lot 1 River Bank, Spring Valley, IL 61362 Main Photo

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Active
LOT SIZE 11.160 acres MLS#12479525
STATUSActive PROPERTY TYPELand - Farm SCHOOLDistrict 502

Property Description

Presenting an unparalleled commercial opportunity along the pristine banks of the Illinois River, where business innovation meets waterfront convenience. This exceptional property offers expansive space for barge tie-offs, a historic clubhouse, and river access setting the stage for a myriad of commercial endeavors. Envision your enterprise flourishing amidst the picturesque backdrop of flowing waters and panoramic river views. With its prime location and unique feature of barge parking, this property is tailor-made for businesses seeking efficient logistics solutions and unparalleled accessibility. Unlock the potential for a bustling waterfront commercial or agricultural hub, or a unique recreation destination. With ample room for barge parking, businesses can streamline operations, reduce transportation costs, and capitalize on the growing demand for waterfront amenities. Seize the opportunity to elevate your business to new heights with this prime riverfront property. There is a current assignable lease on the property through 7/31/2030 for conducting marine and barge operations including fleeting, switching, and mooring. Lease includes a 180 day cancellation by either party. Incentives may be available to the next owner through Enterprise Zone or Illinois Valley Port Authority. EM via certified funds payable to Coldwell Banker Real Estate Group.

Lot 1 River Bank | MLS# 12479525

This land located at Lot 1 River Bank, Spring Valley, IL 61362 is currently listed for sale with an asking price of $795,000. The property has approximately 11.16 Acres. Lot 1 River Bank is located within the District 502 school district. Search Spring Valley real estate on www.bhhscrosby.com today.

Property Features

Property Type: Land - Farm
Basement: None
Lot Size: 11.16 Acres
Taxes: $784

Feature Descriptions

Current Use: Agricultural
Days on Site: 159
Frontage: 1215
Frontage Type: Easement, Private Road, Gravel
Lot Dimensions: 1215X400
Parcel#: 2403251001
Possible Use: Agricultural, Conditional Use, Recreational
Road Surface: Gravel
Township: Hall
Utilities: Electric to Site

Local Schools

High School: Hall High School
Middle School: John F Kennedy Elementary School
School District: District 502

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Commercial Real Estate Group
Agency Phone: 630-844-2222

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Estimated Payment

$ 2,066.53 per month $1,769.33 Principal & Interest $65.33 Property Tax $231.88 Homeowner's Insurance

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