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Lakefront Development & Farm Land
For Sale
$250,000

106 Lakeview Dr, Colona, IL 61241

LAND - Colona, IL

Lot Size13.25 Acres
Days on Market408

Property Features for 106 Lakeview Dr

General Information

Property type Land
Property subtype Other
View Lake
High school district Geneseo CUSD 228
Standard status Active
Lot size 13.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 260

Utilities

Water front features Lake Front
Water front 1
Listing Agency: Legacy Land Co LLC
Listed By: Beau J Smith
Added: Jun 19, 2025 Changed: Jul 25 Last Checked: Jul 31 at 7:06AM
MLS# 11520140

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is 13.25 acres of lakefront land in Colona, Illinois, featuring 925 feet of lake frontage. The property is currently farmed for cash rent and includes a gravel road easement for access.

The land is described as being near Rustic Acres Estates and is located in the Geneseo school district. It is positioned for convenient drives to Geneseo and Moline, and to Davenport as well.

For buyers looking for flexible land options, this parcel combines waterfront frontage with an established farming arrangement while maintaining direct access through the provided easement.

Key Highlights

  • 13.25 acres of land with 925 feet of lake frontage (Lake Front).
  • Currently farmed for cash rent, providing immediate income potential.
  • Access via a gravel road easement.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Hair Salon Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 61241, IL

6,841
Population
2,947
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
92%
High-School Grad
19.1 sq mi
ZIP Area
358
Density / Sq Mi
$78,611
Median Household Income
$47,556
Median Earnings
$888
Median Rent
$166,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - 13.25-acre parcel with 925 feet of lake frontage, currently farmed for cash rent with access via gravel road easement.
Where is this waterfront land located?
The property is located at 106 Lakeview Dr Colona, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 13.25 acres of land with 925 feet of lake frontage (Lake Front).; Currently farmed for cash rent, providing immediate income potential.; Access via a gravel road easement.
More about this property
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