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Lot 1 River Bank - 1 River Lot, Spring Valley, IL 61362 11.16 Acres of Commercial Land Offered at $795,000 in Spring Valley, IL 61362



Executive Summary
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $795,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 11.16 AC |
| Property Type | Land | ||
| Zoning | AGR - AGR, Unincorporated Hall Township, Bureau County | ||
| Price | $795,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 11.16 AC |
| Zoning | AGR - AGR, Unincorporated Hall Township, Bureau County |
1 Lot Available
Lot 1
| Price | $795,000 | Lot Size | 11.16 AC |
| Price Per AC | $71,236.56 |
| Price | $795,000 |
| Price Per AC | $71,236.56 |
| Lot Size | 11.16 AC |
486130 sq. ft. on 11.16 acres along the Illinois River, just west of Barto Landing in Spring Valley, Illinois. The eastern portion of this rectangular parcel includes a gravel drive, cleared acreage, a clubhouse, river frontage/rough beach.
Description
11.16 acres along the Illinois River, just west of Barto Landing in Spring Valley, Illinois. The eastern portion of this rectangular parcel includes a gravel drive, cleared acreage, a clubhouse, river frontage/rough beach area for beautiful sunset viewing!
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 24-03-251-001 | Total Assessment | $8,682 (2024) |
| Land Assessment | $8,682 (2024) | Annual Taxes | ($1) |
| Improvements Assessment | $0 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
24-03-251-001
Land Assessment
$8,682 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$8,682 (2024)
Annual Taxes
($1)
Tax Year
2025
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Lot 1 River Bank - 1 River Lot, Spring Valley, IL 61362
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