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    Aledo, IL
    Conventional Restaurant

    Aledo, IL Conventional Restaurants for Sale

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    Aledo Restaurant Location with Apartments
    Updated: May 12
    Aledo Restaurant Location with Apartments

    213 S College Ave, Aledo, IL 61231

    $250,000
    3,600 sqft
    Prime location in the heart of historic downtown Aledo, across from Central Park, a hub for festivals and events.
    High‑traffic area attracting locals, travelers, and visitors.
    Proximity to the new movie theater, creating a pre‑movie dining opportunity.
    Three upstairs apartments offer potential for additional revenue.
    Two combined buildings provide approximately 3,600 SqFt on the main level.
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Aledo, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bar and Restaurant Building
    Bar and Restaurant Building

    4514 9th St, Rock Island, IL 61201

    $299,000
    4,299 sqft

    Two-level commercial property with bar, kitchen, dining, apartment, and basement storage areas.

    View details
    Single-Tenant Olive Garden Restaurant
    Single-Tenant Olive Garden Restaurant

    4570 16th Street, Moline, IL 61265

    Contact for pricing
    6,836 sqft

    Established restaurant building leased to a nationally recognized dining brand and constructed in 2017.

    View details
    Freestanding Restaurant Building
    Freestanding Restaurant Building

    2716 18th Ave, Rock Island, IL 61201

    Contact for pricing
    3,520 sqft

    Operating food-service property with on-site parking and B-1 Neighborhood Business zoning.

    View details
    Six-Asset Single-Tenant Retail Portfolio
    Six-Asset Single-Tenant Retail Portfolio

    4460 16th St, Moline, IL 61265

    Contact for pricing

    Fee simple portfolio of six single-tenant retail assets with in-place tenants including Arby’s, Olive Garden, Verizon, and Firestone.

    View details

    Aledo, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Aledo, IL on our real estate platform. These investment opportunities span a total of 3,600 square feet of properties for sale, with an estimated market value of $250,000.

    Sale prices for conventional restaurants in Aledo, IL average $250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 4,958
    Population Growth (5Y) -4.9%
    Median Household Income $66,389
    College Educated 28.7%

    High-Yield Neighborhoods for Investment

    Identify Aledo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61231 $250K

    Taxes & Financing

    Tax Rate (average for all types) 8.81%
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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