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    Aledo, IL Conventional Restaurants for Sale

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    Keithsburg, IL New Boston, IL Illinois City, IL
    Aledo Restaurant Location with Apartments
    $250,000
    3,600 SF
    Aledo Restaurant Location with Apartments

    213 S College Avenue, Aledo, IL 61231

    Historic downtown Aledo restaurant with apartments for sale.
    • 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.
    Updated: May 12
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    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.

    Historic Redstone Building Mixed-Use Space
    $1,195,000
    20,801 SF
    Historic Redstone Building Mixed-Use Space

    Iconic downtown Davenport building with office, venue, and restaurant space.

    131 W. 2nd St., Davenport, IA 48503

    View details
    Historic Redstone Building Restaurant Space
    $340,000
    22,912 SF
    Historic Redstone Building Restaurant Space

    Restaurant space in downtown Davenport's iconic Redstone Building.

    131 W 2ND Street, Davenport, IA 52801

    View details
    Historical Moline Mixed-Use Building
    $569,000
    7,176 SF
    Historical Moline Mixed-Use Building

    Historical building with restaurant, apartments, and income potential.

    415 15TH Street, Moline, IL 61265

    View details
    Downtown Moline Mixed-Use Redevelopment Opportunity
    $349,000
    24,000 SF
    Downtown Moline Mixed-Use Redevelopment Opportunity

    Four-story, 24,000 SF mixed-use building in thriving downtown corridor.

    1409 5TH Avenue, Moline, IL 61265

    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 start at $250,000, averaging $250,000, and reaching up to $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%

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