Lot 1 River Bank Spring Valley, IL $ 950,000
Lot 1 River Bank
$ 950,000
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Lot 1 River Bank

Spring Valley, IL, 61362
$ 950,000
Baths0.0

Monthly Estimate*

$ 6,314

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Studio

Lots and Land for sale in Spring Valley, IL

for $950,000. The lot size is 11.16.

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 7/31/2025 for conducting marine and barge operations including fleeting, switching, and mooring. 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.

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Lots and Land Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 683

Style

Agricultural

Lot Size

11.16

Town/City

Spring Valley

County/Region

Bureau

MLS | Web ID

11986327

Features
General
Utilities Unknown (verify)
Possession Closing
Zoning OTHER
Township Hall
Tax Year 2022
Current Use Agricultural
Percent Ownership Fee Simple
County Bureau
Property Type Land Land
Possible Use Agricultural Agricultural/W Bldg Conditional Use Recreational
Status Active
Directions From IL-89 head west at Barto Landing entrance and continue to property just west of CG grain elevator.
High School Hall High School
City Spring Valley
High School District 502
MLS Area Spring Valley
Waterfront Y/N Y
Street Name River Bank
Tax Annual Amount 683
Middle/Junior High School John F Kennedy Elementary School
Additional Parcels Y/N N
Days on Market 21
Standard Status Active
Middle/Junior School District 99
Elementary School District 99
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Exterior
Total Parking 0
Lot Dimensions 1215X400
Lot Size Acres 11.16
Road Surface Type Gravel
Frontage Length 1215
Frontage Type Easement Private Road Gravel
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Interior
Laundry Features None
Total Baths 0
Basement Slab
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* Excluded Features
List By
Coldwell Banker Commercial Real Estate Group

Broker

erxnservices@gmail.com;lerickson@cbcregroup.com

Email

Affordability Calculator

$6,371
Per Month
99%
1%
0%
Monthly Principal & Interest
$6,314
Monthly Property Taxes
$57
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1540827 Elementary School
1540076 Middle School
Hall High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2024$950,000 Listed Price

Map


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Lot 1 River Bank, Spring Valley, IL, 61362 is a Lots and Land for sale at $950,000 with a lot size of 11.16. Lot 1 River Bank is a studio with 0.0 baths. The property's zip code is 61362 which is in Spring Valley, IL