Lot 1 River Bank, Spring Valley, IL 61362
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Lot size (acres)
- 11.16
Interior features
- Laundry
- None
Utilities
- Heating
- Propane
- Sewer
- Septic System
- Water
- Well
Taxes
- Tax Annual Amount (2024)
- $784
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12479525 Last checked: …

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.