Listing provided courtesy of Coldwell Banker Commercial Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12479525MLS Provider

Lot 1 River BankSpring Valley, IL 61362

Vacant Land · 11.16 Acres
$795,000 Active

Lot 1 River Bank Overview

Time on Site:
279 days
Visits:
3

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.

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Lot 1 River Bank Facts & Features

  • Type Vacant Land
  • Lot 11.16 Acres

Details

General

School Information

  • School District: 502
  • Middle Or Junior School: John F Kennedy Elementary School
  • High School: Hall High School

Business Information

  • Current Use: Agricultural

Location/Region

  • County Or Parish: Bureau
  • MLS Area Major: Spring Valley
  • Township: Hall

Tax Information

  • Tax Annual Amount: $784.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 2403251001
  • Possible Use: Agricultural,Conditional Use,Recreational
  • Property Type: Land
  • Special Listing Conditions: List Broker Must Accompany
  • Zoning: OTHER

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: None
  • Heating: Propane
  • Laundry Features: None

Exterior

Parking Information

  • Parking Features: Gravel
  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 1215
  • Frontage Type: Easement,Private Road,Gravel
  • Lot Size Acres: 11.16
  • Lot Size Dimensions: 1215X400
  • Road Surface Type: Gravel
  • Water Source: Well

Waterfront/View

  • Waterfront: Yes

General Information

  • Sewer: Septic Tank
  • Utilities: Electric to Site

Lot 1 River Bank Neighborhood

Community

61362 (Spring Valley) Demographics

44
Median Age
216
Population Density (per sq. mile)
28%
College Educated
$50,849
Estimated Median Income
1,538
Estimated Total Home Owners
819
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lot 1 River Bank Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lot 1 River Bank Market Data

Based on the last 30 days in this zip code

$201,637
Average List Price
$120
Average Price per Square Foot
6
Properties Sold
56
Average Days on Market
27
Properties for Sale
Calculations provided by Reliance Network

Lot 1 River Bank History

Date Event Value Agent
4/1/2026Source: MRED Status Change
Active
3/27/2026Source: MRED Status Change
Re-activated
9/29/2025Source: MRED Status Change
Active
9/24/2025Source: MRED Added to Database
September 24, 2025