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  • $795,000

    1 River Bank, Spring Valley, IL 61362

    --beds
    --baths
    11.16Acres
    Unimproved Land
    Built in ----
    11.16 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    River accessPrime riverfront propertyPanoramic river views
    Presenting an unparalleled commercial opportunity along the pristine banks of the Illinois River, where business innovation meets waterfront convenience. This exceptional property offers expansive space for barge tie-offs, a historic clubhouse, and river access setting the stage for a myriad of commercial endeavors. Envision your enterprise flourishing amidst the picturesque backdrop of flowing waters and panoramic river views. With its prime location and unique feature of barge parking, this property is tailor-made for businesses seeking efficient logistics solutions and unparalleled accessibility. Unlock the potential for a bustling waterfront commercial or agricultural hub, or a unique recreation destination. With ample room for barge parking, businesses can streamline operations, reduce transportation costs, and capitalize on the growing demand for waterfront amenities. Seize the opportunity to elevate your business to new heights with this prime riverfront property. There is a current assignable lease on the property through 7/31/2030 for conducting marine and barge operations including fleeting, switching, and mooring. Lease includes a 180 day cancellation by either party. Incentives may be available to the next owner through Enterprise Zone or Illinois Valley Port Authority. EM via certified funds payable to Coldwell Banker Real Estate Group.
    107 days
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    13
    |
    0
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    Zillow last checked: 8 hours ago

    Listing updated: January 08, 2026 at 12:01am

    Listing courtesy of:

    Leah Erickson 815-780-7952,

    Coldwell Banker Commercial Real Estate Group

    Source: MRED as distributed by MLS GRID,MLS#: 12479525MLS Logo

    Facts & features

    Interior

    Heating
    • Propane
    Appliances
    • Laundry: None
    Features
    • Basement: None

    Property

    Parking
    • Parking features: Gravel
    Features
    • Has view: Yes
    • View description: Front of Property, Side(s) of Property
    • Water view: Front of Property,Side(s) of Property
    • Frontage type: Gravel
    • Frontage length: 1215
    Lot
    • Size: 11.16 Acres
    • Dimensions: 1215X400
    Details
    • Parcel number: 2403251001
    • Zoning: OTHER
    • Special conditions: List Broker Must Accompany

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electric to Site

    Community & HOA

    Location
    • Region: Spring Valley

    Financial & listing details

    • Annual tax amount: $784
    • Date on market: 9/24/2025
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Gravel

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    9/24/2025Listed for sale$795,000
    Source: MRED as distributed by MLS GRID #12479525 Report a problem
    8/21/2025Listing removed$795,000
    Source: MRED as distributed by MLS GRID #11986327 Report a problem
    11/9/2024Price change$795,000-7.6%
    Source: MRED as distributed by MLS GRID #11986327 Report a problem
    7/19/2024Price change$860,000-9.5%
    Source: MRED as distributed by MLS GRID #11986327 Report a problem
    2/23/2024Listed for sale$950,000
    Source: MRED as distributed by MLS GRID #11986327 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 61362

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: John F Kennedy Elementary School
    • High: Hall High School
    • District: 99

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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