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    106 Lakeview Dr Colona, IL 61241

    New
    For Sale
    $250,000

    Vacant Land - Colona, IL

    Lot size:
    13.25 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 106 Lakeview Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    02-33-402-016
    Parking features
    Garage
    Lot size
    13.25 Acres

    Utilities

    Water front features
    Wflake, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Legacy Land Co LLC

    Listing agent Beau Smith (888) 311-5263

    Listing date Dec 1, 2025

    MLS# 11520140 Listing URL

    Copyright © 2025 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.

    Overview

    Colona, Illinois Vacant Land

    This 13.25-acre parcel of land is located near Rustic Acres Estates in Colona, Illinois, and features 925 feet of lake frontage. The property is currently farmed for cash rent, providing immediate income potential. It is located within the Geneseo school district. A gravel road easement provides access. The location is approximately 10 miles from both Geneseo and Moline, and about 15 miles from Davenport. The land offers possibilities for development or a private estate.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Hair Salon Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colona
    County
    Henry
    State
    Illinois
    Longitude
    -90.266853
    Latitude
    41.503276

    Nearby Similar for Sale

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      5,150 SF

      Colona Commercial Building - Huge Potential

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      View Details

    FAQs

    What type of property is this?
    Land - 13.25 acres with lake frontage near Rustic Acres Estates.
    Where is this 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 prime land with 925 feet of lake frontage.; - Immediate income potential through existing cash rent farming.; - Located in the highly regarded Geneseo school district.
    (888) 311-5263
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    106 Lakeview Dr Colona, IL 61241
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    Colona, IL 61241
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 Lakeview Dr Colona, IL 61241
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