1107 High St., Port Byron, IL 61275

Corp of Engineer Ground. Ground lease will expire in 12/31/2018. Currently renewable in 10 yr increments.Current yearly rent is $2760., and reviewed for adjustment every 5 yrs. The leased premises may be used for recreational cottage site purposes, not as a permanent residence. The value in this property is the lease. The home, boat house, and lengthy dock may be viewed by most in need of much repair. The well & septic will require updating and or replacement. Frontage water is shallow. Inspections welcomed! ONLY "AS IS" OFFERS WILL BE CONSIDERED!!!