Lake Street

Lake Street

Spring Bay, IL 61611

$150,000
Price
1,302,008 / 29.89
Lot Size / Acres

Description

An amazing opportunity to have a substantial amount of waterfront property suited for redevelopment. Boat ramp. Inlet and cove with a protective extension/peninsula. The total of eight (8) parcels combine almost thirty acres of land (5.25 acres) and waterfront/beaches/bays (24.64 acres) with access to the Illinois River. The peacefulness of this land is difficult to describe. Walk out to the water's edge through wooded trails, watch the flight of waterfowl, be surprised at the amount of shells along...An amazing opportunity to have a substantial amount of waterfront property suited for redevelopment. Boat ramp. Inlet and cove with a protective extension/peninsula. The total of eight (8) parcels combine almost thirty acres of land (5.25 acres) and waterfront/beaches/bays (24.64 acres) with access to the Illinois River. The peacefulness of this land is difficult to describe. Walk out to the water's edge through wooded trails, watch the flight of waterfowl, be surprised at the amount of shells along the shoreline, and never miss our spectacular sunsets! This property was once a thriving marina with boat storage shed and.. believe it or not.. two small houses on Lake Street! Now it is cleared for the next owner to develop in their own way. Located in the heart of Spring Bay just blocks away from the beautiful Sankoty Lakes Resort and the new Sheets Creek Restaurant. Interested parties will want to note other properties that will be for sale that would compliment this offering: • Parcel 07-02-411-001 and Parcel 07-02-411-011 (Vacant Lots / the old "Village Inn") • Parcel 07-02-408-007 (Vacant Lot)
  1. Listed by Julie Bielfeldt • Keller Williams Premier Realty • Pref: 309-360-6686

Property Details for Lake Street

Water Frontage
3770
Subdivision Name
Munn

Location

Listing Courtesy of Keller Williams Premier Realty
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LISTING UPDATED: 04/26/2024 01:26 PM

Property Details for Lake Street

StatusActive
MLS #PA1240008
Days on Market472
Taxes$1,524 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Lots & Land
Year Built-
Lot Size29.89 AC
CountyWoodford County

Location

Listing Courtesy of Keller Williams Premier Realty
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Building Information for Lake Street

Lot Size29.89 AC

Payment Calculator

$946 per month

30 year fixed, 7.25% Interest

Principal and Interest

$819

Property Taxes

$127

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Lake Street

Summary
Location and General Information
  • City: Spring Bay
  • County Or Parish: Woodford
  • Directions: Route 26 to Spring Bay. Turn West on W Catherine Street to N Lake Street. Arrived.
  • Latitude: 40.8260395626576
  • Longitude: -89.5246036678314
  • MLSArea Minor: PAAR Area
  • Postal Code: 61611
  • State Or Province: IL
  • Water Body Name: Upper Peoria Lake
  • Zoning: Other
Taxes and HOA Information
  • Additional Parcels Description: 07-02-407-001, -007, -006,-005,-010, -012, -014
  • Parcel Number: 07-02-405-001
  • Mandatory Assoc Annual Fee: No
  • Mandatory Assoc Monthly Fee: No
  • Tax Annual Amount: $1,524
  • Tax Legal Description: Long stretch of land with rolling edge along the Illinois River and surrounding a marina/cove.
  • Tax Year: 2023
School Information
  • High School: Metamora
Property
Lot Information
  • Lot Features: Level, River View, Sloped, Wooded
  • Lot Size Acres: 29.89
  • Lot Size Dimensions: 1020x1230x1500x780
  • Number Of Lots: 25
  • 100 Year Plain: Yes
Property and Assessments
  • Documents Available: None Available
Utilities
  • Water Source: No Sewer, No Water
  • Utilities: None
Interior and Exterior Features
Interior Features
  • Operating Recording Device: None

Property History for Lake Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Lake Street

This home is within Riverview Central Consolidated School District 2.
Rating
School
Type
Grades
Distance
Riverview Elementary School
Public - PK to 8
Metamora High School
Public - 9 to 12
Rating
School
Distance
Riverview Elementary School
PublicPK to 8

Metamora High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about Lake Street, Spring Bay, IL 61611

Lake Street is a 29.89 ac of land for sale in Spring Bay, IL 61611. This property was listed for sale on January 19, 2023 by Keller Williams Premier Realty, it's currently listed at $150,000. This listing's school districts are Riverview Central Consolidated School District 2, County Of Woodford School. Nearby schools include Riverview Elementary School and Metamora High School. Lake Street is a 0-bed, 0-bath, 29.89 ac of land on a 1,302,008 sq. ft. / 29.89 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Premier Realty

Based on information from one of the following Multiple Listing Services: RMLS Alliance. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by RMLS Alliance is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.