Property summary
This exceptional 29-acre property in Spring Bay, Illinois, presents a unique opportunity for redevelopment or personal use. Located on the Illinois River, this land boasts approximately 1,000 linear feet of street frontage and offers stunning waterfront access, including inlets, coves, and a protective land barrier. The property, comprised of eight parcels (APN: 07-02-405-001, 07-02-407-001,-004,-005,-006,-007,-010,-,012,-014), features a boat ramp suitable for small craft and approximately 5.25 acres of buildable land. Previously a thriving marina with boat storage and small houses, the land is now cleared and ready for development. Its location in the heart of Spring Bay offers a peaceful small-town atmosphere with abundant wildlife. The property's proximity to Sankoty Lakes Resort and the new Sheets Creek Restaurant adds to its appeal. The commercial zoning allows for diverse development options, focusing on watersports, marina/cove/beach interests, or other suitable ventures. Adjacent vacant lots are also available for purchase, presenting an opportunity to expand the property. This is an exceptional opportunity to acquire a significant piece of Illinois Riverfront property. The asking price is $150,000.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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