$950,000 Price Analysis    ♡   Spring Valley, IL 61362 Unknown bed 0 bath unknown SqFt ($0/SqFt) 11.16 acre lot. Listed 2024-02-23, Taxes $661 | Ⓧ USDA Ineligible due to property near Spring Valley |
Presenting an unparalleled commercial opportunity along the prstine 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 s tage 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.
Presented by Leah Erickson at
Coldwell Banker Commercial.
Property MLS #11986327 from MRED
Road Surface Type: Gravel
Lot Size Dimensions: 1215X400
Lot Size Square Feet: 486130
Calculated Total Monthly Association Fees: 0
High School District: 502
Map directions Map directions Map directionsSource Listing Status: Active
County: Bureau
Current Use: Agricultural
Directions: From IL-89 head west at Barto Landing entrance and continue to property just west of CG grain elevator.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Land
Possible Use: Agricultural, Agricultural/W Bldg, Conditional Use, Recreational
Parcel Number: 2403251001
Township: Hall
Property Subtype: Land
Lot Number: 1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $unknown + $7,088 $7,088 | $661 |
| 2020 | $unknown + $6,805 $6,805 | $635 |
| 2019 | $unknown + $6,658 $6,658 | $631 |
| 2018 | $unknown + $6,484 $6,484 | $619 |
| 2017 | $unknown + $6,350 $6,350 | $615 |
| 2016 | $unknown + $6,300 $6,300 | $629 |
| 2015 | $unknown + $6,254 $6,254 | $600 |
| 2014 | $unknown + $6,322 $6,322 | $582 |
| 2013 | $unknown + $6,601 $6,601 | $580 |
| 2012 | $unknown + $6,654 $6,654 | $508 |
| 2011 | $unknown + $6,897 $6,897 | $523 |
| 2010 | $unknown + $7,008 $7,008 | $529 |
| 2008 | $unknown + $7,051 $7,051 | $510 |
$950,000
MRED
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.