Lake St Spring

East Peoria, 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. 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)
  1. Listed by Julie Bielfeldt • Keller Williams Premier Realty

Property Details for Lake St Spring

Water Frontage
3770
Subdivision Name
Munn
LISTING UPDATED: 11/22/2024 02:01 PM

Property Details for Lake St Spring

StatusPending ( No Showings )
MLS #PA1240008
Days on Market671
Taxes$1,524 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Acres
Year Built-
Lot Size29.89 AC
CountyWoodford County

Location

Listing Courtesy of Keller Williams Premier Realty
Add your commute

Building Information for Lake St Spring

Lot Size29.89 AC

Payment Calculator

$913 per month

30 year fixed, 6.845% Interest

Principal and Interest

$786

Property Taxes

$127

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Lake St Spring

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: T27N - R4W - S02 TRACT I SE1/4, T27N-R4W-SO2 LOTS 1-22 & VACATED ALLEYS
  • 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 St Spring

DateEvent & SourcePriceAppreciation
Nov 20, 2024

Pending

RMLS ALLIANCE #PA1240008

Nov 19, 2024

Price Change

RMLS ALLIANCE #PA1240008

$150,000
Jan 19, 2023

Price Change

RMLS ALLIANCE #PA1240008

$175,000
Jan 19, 2023

Price Change

RMLS ALLIANCE #PA1240008

$150,000
Jan 19, 2023

Listed (Active)

RMLS ALLIANCE #PA1240008

$185,000
DateEvent & SourcePrice
11/20/2024

Pending

RMLS ALLIANCE #PA1240008

11/19/2024

Price Change

RMLS ALLIANCE #PA1240008

$150,000
01/19/2023

Price Change

RMLS ALLIANCE #PA1240008

$175,000
01/19/2023

Price Change

RMLS ALLIANCE #PA1240008

$150,000
01/19/2023

Listed (Active)

RMLS ALLIANCE #PA1240008

$185,000

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

Schools near Lake St Spring

This home is within Riverview Central Consolidated School District 2.
Rating
School
Type
Grades
Distance
Public - PK to 8
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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Listing Courtesy of Keller Williams Premier Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/25/2025 02:34 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.