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Lot 1 River Bank, Spring Valley, IL 61362
$950,000
Lot 1 River Bank, Spring Valley, IL 61362View this property at Lot 1 River Bank, Spring Valley, IL 61362
Lot 1 River BankSpring ValleyIL61362
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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 7/31/2025 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.
Full Property Details
Full Property Details for Lot 1 River Bank
General
- Price: $950,000
- Taxes: $683 (2022)
- Status: Active
- Type: Lots/Land
- MLS ID: 11986327
- Updated: 3/12/2024
- Added to Site: 69 day(s) ago
Additional Information
- Other Features: Flood Zone
Location
- Area: Spring Valley
- County: Bureau
- Township: Hall
- Driving Directions: From IL-89 head west at Barto Landing entrance and continue to property just west of CG grain elevator.
- Location Details: Riverfront, Waterfront, Not in City Limits
School Information
- School District: 99
- Elem School District: 99
- Midd School District: 99
- High School District: 502
- Middle School: John F Kennedy Elementary School
- High School: Hall High School
- Private School: Hall High School
Utilities
- Onsite: Unknown (verify)
Structural Information
- Square Feet: 11.16
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 11.16
- Lot Size (Sq. Ft.): 486,130
- Lot Size Range: 10.0 to 24.99 Acres
- Lot Dimensions: 1215 x 400
- Frontage: Easement, Private Road, Gravel
- Frontage Feet: 1215
- Street/Road Desc.: Gravel
- Driveway/Sidewalk: Gravel, Shared
- Potential Use: Agricultural, Agricultural with Building, Conditional Use, Recreational
- Zoning: OTHER
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $683
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 2403251001
Listed by Coldwell Banker Commercial Real Estate Group
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Price & Sales History for Lot 1 River Bank
Date
Details
Price
Change
Source
2/21/2024
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Lot 1 River Bank
Year
Property Taxes
Change
Tax Assessment
Change
2022
$4,180
4%
$59,842
5%
2020
$4,029
3%
$56,847
5%
2019
$3,915
3%
$54,123
5%
2018
$3,797
—
$51,649
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Lot 1 River Bank
Lot 1 River Bank, Spring Valley, IL 61362 (MLS# 11986327) is a Lots/Land property with a lot size of 11.16 acres. Lot 1 River Bank is currently listed for $950,000 and was received on February 21, 2024. Want to learn more about Lot 1 River Bank? Do you have questions about finding other Lots/Land real estate for sale in Spring Valley? You can browse all Spring Valley real estate or contact a Coldwell Banker agent to request more information.