Lot 1 River Bank — Spring Valley, IL 61362
Active
Spring Valley, IL 61362

Lot 1 River Bank

$795,000
0 beds · 0 baths
Listed at $795,000 214 days on market $784/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$795,000
List price
Square feet
Bedrooms
Bathrooms
Year built
11.16 ac
Lot size
Garage spaces
$784
Annual taxes
Land
Style
214
Days on market
04Features
Heating
Propane
Parking
Gravel
Sewer
Septic Tank
05Neighborhood
This home MMiddle schoolHHigh school
M Middle school
John F Kennedy Elementary School
Spring Valley, IL
📍81 mi🚗210 min
H High school
Hall High School
Spring Valley, IL
📍0.8 mi🚗2 min🚶19 min
  • Double Country Restaurant 0.2 mi
  • McDonald's 0.8 mi
  • Spring Valley Supermarket 350 ft
  • Shell 0.5 mi
  • Kirby Park 0.6 mi
  • Bean Box Espresso 0.2 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Sep 24, 2025
Listed for saleThis listing
Coldwell Banker Commercial Real Estate Group
$795,000
Sourced from MRED. Older events appear here as our history backfill completes.
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08See it for yourself

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09Similar homes
Listed by Coldwell Banker Commercial Real Estate Group · Leah Erickson · 815-780-7952
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12479525
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