2371 S High St., Port Byron, IL 61275

$45,000
Sold on 11/09/12
Beds Baths Sq. Ft. Taxes Built
2 1.00 1,165 $124.76 1950
On the market: 198 days
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Mississippi River front "GET AWAY", a home away from home. Corp of Engineer Land. Current ground lease expires in 2018, and is renewable in 10 year increments. Required lease payments are re-evaluated every 5 years, and adjusted for market value. Current assumable lease is $2715. yearly. The leased premises may be used for recreational cottage purposes, not as a permanent residence. Common well is shared between 3 residences. Glassed porch 19' x 9' faces the river. Small boat lift included, water is shallow. Property will be sold "As Is, How Is".
Listing courtesy of Craig Wainwright, Wainwright Realty