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    13th Ave Ct Aledo, IL 61231

    Sponsored
    For Sale
    $80,000

    High-traffic corner lot, build your business!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This 0.51-acre commercial lot in Aledo, Illinois, presents a unique investment opportunity. Situated at the intersection of Highways 17 and 94, this property boasts exceptional visibility and accessibility. Located near major retailers such as Walmart, McDonald's, and Mercer Market Grocery Store, as well as other local businesses including a Mexican restaurant, Casey's Gas Station, AutoZone, Blackhawk Bank, a church, physical therapist, and veterinary clinic, this lot ensures high daily traffic. The lot benefits from city utilities at the lot line and city road frontage. Aledo's vibrant community calendar includes events like the renowned Rhubarb Fest, Mercer County Fair, Antique Days, and Holly Days, attracting visitors year-round. The town's historical significance, coupled with amenities such as a public swimming pool, daycare, schools, YMCA, sunflower farm, pumpkin patch, country club, and various restaurants and shops, creates a thriving environment for businesses. This property is ideal for entrepreneurs seeking a high-visibility location in a bustling community. Lots 4 & 5 are pending development, projected to begin in 2024. This is a chance to establish your business in a well-established and growing town. The asking price is $80,000.

    Property Features for 13th Ave Ct

    General Information

    Property type
    Other commercial real estate
    Lot Size
    22,216 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Aledo
    County
    Mercer
    State
    Illinois
    Longitude
    -90.73475
    Latitude
    41.19883

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner lot, build your business!
    Where is this commercial real estate located?
    The property is located at 13th Ave Ct Aledo, IL.
    What is the asking price?
    The asking price for this property is $80,000.
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    13th Ave Ct Aledo, IL 61231
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13th Ave Ct Aledo, IL 61231
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