Working Riverfront Marina
For Sale
$795,000
1 S Spalding St, Spring Valley, IL 61362
Working riverfront property with direct Illinois River access, barge tie-offs, and a historic clubhouse structure under an assignable lease.
Property SizeContact for details
Days on Market51
Property Features for 1 S Spalding St
General Information
Standard status
Active
Property subtype
Industrial
Additional Details
Business Included
Yes
Listing Agency:
Coldwell Banker Commercial Real Estate Group
(815) 553-2406
Listed By:
Leah Erickson · License #475204597
Source:
Commercialcafe
Added: Jul 13
Changed: Aug 26
Last Checked: Aug 31 at 1:44PM
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
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
Explore this area
Business Placement
Demographics for 61362, IL
5,961
Population
2,689
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
89%
High-School Grad
25.4 sq mi
ZIP Area
235
Density / Sq Mi
$65,625
Median Household Income
$34,131
Median Earnings
$1,022
Median Rent
$135,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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
