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    13TH Ave Ct Aledo, IL 61231

    Sponsored
    For Sale
    $100,000

    Prime 0.55-acre commercial lot in Aledo, IL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 0.55-acre commercial lot, located at Lot 4 SE 13TH Avenue Court in Aledo, Illinois (APN: 10-10-16-319-004), presents a unique investment opportunity. Zoned for commercial use, this property boasts convenient access to major roadways, including Highway 17 and Highway 94, which intersect in downtown Aledo. Its strategic location places it within a quarter-mile radius of established businesses such as Walmart, McDonald's, Mercer Market Grocery Store, and a Mexican restaurant. A new Casey's Gas station is under construction directly across the street, further enhancing the area's commercial appeal. A Midwest Bank is also situated within the same subdivision. Utilities are readily available at the lot line. The property offers significant advantages due to its proximity to the Quad Cities (30 minutes south) and Galesburg (45 minutes north), and its location just 24 miles from Interstate 72. This lot provides excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The property features city road frontage, and specifically, Lot 4 enjoys frontage on Highways 17/94. This is a rare opportunity to acquire a well-situated commercial lot in a thriving Illinois community. The asking price is $100,000.

    Property Features for 13TH Ave Ct

    General Information

    Property type
    Land
    Lot Size
    23,958 SF

    HighLights

    • $100,000 asking price.
    • 0.55‑acre commercial land lot.
    • Located in Aledo, IL (APN: 10‑10‑16‑319‑004).
    • Utilities at lot line.
    • Convenient location near major roadways (Hwy 17 & Hwy 94), and amenities (Walmart, McDonald's).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Aledo
    County
    Mercer
    State
    Illinois
    Longitude
    -90.734586
    Latitude
    41.2003387

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    FAQs

    What type of property is this?
    Land - Prime 0.55-acre commercial lot in Aledo, IL.
    Where is this land located?
    The property is located at 13TH Ave Ct Aledo, IL.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: $100,000 asking price.; 0.55-acre commercial land lot.; Located in Aledo, IL (APN: 10-10-16-319-004).
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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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