Working Riverfront Marina
1 S Spalding St Spring Valley, IL 61362
New
1 S Spalding St, Spring Valley, IL, 61362
$795,000
For Sale
$795,000
Working riverfront property with direct Illinois River access, barge tie-offs, and a historic clubhouse structure under an assignable lease.
Days on Market6
Property Features for 1 S Spalding St
General Information
- Standard status
- Active
- Property subtype
- Industrial
Listing Agency
Coldwell Banker Commercial Real Estate Group
Listed by
Leah Erickson
Source
Commercialcafe
Added: Jul 13 Checked: Jul 17 at 5:01 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This working riverfront marina site offers direct access to the Illinois River with established barge tie-offs, supporting marine and barge operations such as fleeting, switching, and mooring. The property includes a historic clubhouse structure and functional river frontage intended to support ongoing waterfront activity.
A current assignable lease is in place through July 31, 2030, with a 180-day cancellation option by either party. The site is located within a regulated floodway, making it best aligned with water-dependent and low-impact uses.
For qualified marine, logistics, or recreational waterfront operators, this is a streamlined way to acquire existing riverfront capabilities with an income stream in place, along with flexibility via the lease cancellation provision.
A current assignable lease is in place through July 31, 2030, with a 180-day cancellation option by either party. The site is located within a regulated floodway, making it best aligned with water-dependent and low-impact uses.
For qualified marine, logistics, or recreational waterfront operators, this is a streamlined way to acquire existing riverfront capabilities with an income stream in place, along with flexibility via the lease cancellation provision.
Key Highlights
- Working riverfront property with direct Illinois River access and established barge tie‑offs
- Current assignable lease in place through July 31, 2030 for conducting marine and barge operations
- Lease includes a 180‑day cancellation option by either party
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Marina - Working riverfront property with direct Illinois River access, barge tie-offs, and a historic clubhouse structure under an assignable lease.
Where is this marina located?
The property is located at 1 S Spalding St Spring Valley, IL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Working riverfront property with direct Illinois River access and established barge tie‑offs; Current assignable lease in place through July 31, 2030 for conducting marine and barge operations; Lease includes a 180‑day cancellation option by either party