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Single-Tenant Net Leased Walmart
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1500 SE 5th St, Aledo, IL 61231

Single-tenant net leased Walmart property with long-term operating history dating to 1985.

Property Size40,280 SF
Days on Market120

Property Features for 1500 SE 5th St

General Information

Standard status Active
Size 40,280 SF
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 10:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group

Investment Insights

Based on property information with market context.

This offering is a single-tenant, net leased Walmart property with a 40,280-square-foot building. Walmart has operated at the location since 1985 and has exercised multiple renewal options, with a recent lease extension demonstrating continued commitment to the site.

The property is located at 1500 SE 5th St in Aledo, Illinois. It is positioned to serve the east-west thoroughfare connection toward downtown Aledo, with nearby retail and service businesses including McDonald’s, AutoZone, Casey’s, Joe’s Trattoria, and YMCA.

The sale is presented as an investment in a longstanding, operating-grade retail tenant with an extended presence at the location.

Key Highlights

  • Single‑tenant net leased Walmart property in Aledo, IL
  • Walmart has operated at the location since 1985 and has exercised multiple renewal options
  • Lease was recently extended at the property, indicating ongoing commitment to the site

Property Analytics

Current Use

Ria Money Transfer ... Bank MoneyGram Bank Walmart Baby & Nursery ... Social Service Agency Walmart House Cleaning ... Hardware & Home Improvement Walmart Pet Services Kennel & Boarding Facility

Suggested Use

Top Pick Auto Parts Store Electrical Service Pharmacy Big Box & Wholesale Store Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby
49k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 39% Superstores 35% Dining 26%
Walmart Superstores
17,484 visits/mo 0.1 miles
McDonald's Dining
12,627 visits/mo 0.0 miles
Mobil Shops & Services
9,075 visits/mo 0.1 miles
Circle K Shops & Services
7,191 visits/mo 0.5 miles
AutoZone Shops & Services
1,653 visits/mo 0.1 miles

Demographics for 61231, IL

5,291
Population
2,344
Households
2.3
Avg Household Size
46
Median Age
22%
College-Educated
95%
High-School Grad
153.5 sq mi
ZIP Area
34
Density / Sq Mi
$66,389
Median Household Income
$42,116
Median Earnings
$772
Median Rent
$141,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Single-tenant net leased Walmart property with long-term operating history dating to 1985.
Where is this retail space located?
The property is located at 1500 SE 5th St Aledo, IL.
What are key features of this property?
This property features: Single‑tenant net leased Walmart property in Aledo, IL; Walmart has operated at the location since 1985 and has exercised multiple renewal options; Lease was recently extended at the property, indicating ongoing commitment to the site
(847) 562-0003 Call to check price and availability
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