2478 S High St., Port Byron, IL 61275

$47,450
Sold on 11/26/13
Beds Baths Sq. Ft. Taxes Built
2 1.00 770 $1,059.84 1950
On the market: 204 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 renewalbe in 10 year increments. Required lease payments are re-evaulated every 5 years and adjusted for market value. Current assumable lease ins $2715 yearly. The leased premises may be used for recreational cottage purposes, not as a permanent residence. Common well is shared between 3 residences. Property will be sold "As is, How is".
Listing courtesy of Jim Spence, Mel Foster Co. Geneseo