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. SOLD AS-IS. 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)
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Premier Realty
Listing Agent: Julie Bielfeldt
Lot Features
Lot Information:
Lot: Level, Sloped, Wooded
Lot Size: 29.89 Acres
Other
Directions Information:
Directions: Route 26 to Spring Bay. Turn West on W Catherine Street to N Lake Street. Arrived.
Price Information
Listing Price Info
Price Summary:
List Price: $150,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: RMLSA
MLS Number: #PA1240008
Listing Office:
Office Name: Keller Williams Premier Realty
Listing Agent: Julie Bielfeldt
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$816
Per Month
Principal & Interest
$749
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$516
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Mossville Elementary School
PO Box 178
Distance between this listing and this school2.10 miles
Public District Grades PK-5
7
/10
Kellar Primary School
6413 N Mount Hawley Rd
Distance between this listing and this school5.35 miles
Public District Grades KG-4
6
/10
Hickory Grove Elementary School
2514 W Hickory Grove Rd
Distance between this listing and this school5.43 miles
Public District Grades KG-5
Nearby Schools
4
/10
Riverview Elementary School
1421 Spring Bay Rd
Distance between this listing and this school1.89 miles
Public District Grades PK-8
5
/10
Mossville Jr High School
PO Box 178
Distance between this listing and this school2.10 miles
Public District Grades 6-8
9
/10
Germantown Hills Middle School
103 Warrior Way
Distance between this listing and this school5.50 miles
Public District Grades 5-8
Nearby Schools
6
/10
Richwoods High School
6301 N University St
Distance between this listing and this school6.03 miles
Public District Grades 9-12
3
/10
Peoria Heights High School
508 E Glen Ave
Distance between this listing and this school6.09 miles
Public District Grades 9-12
5
/10
Il Valley Central High School
1300 W Sycamore St
Distance between this listing and this school6.41 miles
The neighbors living near this home have an average income of $78,030. Most Tazewell County, IL residents have annual incomes between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Lake St
What is the listing price of this property?
The listing price of Lake St property is $150,000.
What type of property is this?
The property Lake St is land located in Spring Bay, Illinois, 61611.
Is this property for sale now?
Active Listing: Lake St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Lake St in Spring Bay, IL and zip code 61611 in the Siesta Channels neighborhood. This home sits on a 29.89 acre lot. It has been listed on Rocket Homes since January 20, 2023 and is currently priced at $150,000.
In October 2024 more than 43 listings in Tazewell County, IL were sold above the asking price. During the same period more than 31 listings were sold at asking price, while more than 66 were sold below. Between September 2024 and October 2024, Tazewell County, IL real estate market has seen increase in the number of listings by 2.6%. In October 2024 median list price was $170,533 and the average listing age was 20 days.
From Rocket Homes Real Estate and based on county public records data.