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    13TH Ave Ct Aledo, IL 61231

    Sponsored
    For Sale
    $80,000

    Prime Commercial Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 0.51-acre commercial lot in Aledo, Illinois, presents a remarkable investment opportunity. Located at Lot 3, SE 13th Avenue Court (APN 10-10-16-319-003), this property boasts a highly desirable location at the intersection of Highways 17 and 94, ensuring maximum visibility and accessibility. Utilities are conveniently located at the lot line, simplifying development. The site benefits from significant daily traffic, including locals and travelers, due to its proximity to major businesses such as Walmart, McDonald's, Mercer Market Grocery Store, a Mexican restaurant, Casey's Gas Station, AutoZone, Blackhawk Bank, and various other local amenities. The property's strategic placement offers unparalleled exposure, capitalizing on the bustling commercial activity in Aledo. Aledo's vibrant community calendar, featuring events like the Rhubarb Fest, Mercer County Fair, Antique Days, and Holly Days, attracts visitors year-round, further enhancing the property's investment potential. The city's rich history, listed on the National Register of Historic Places, adds to its charm and appeal. This lot offers city road frontage and presents an ideal platform for a new business venture or strategic addition to an existing portfolio. The asking price is $80,000. The zoning is commercial.

    Property Features for 13TH Ave Ct

    General Information

    Property type
    Land
    Lot Size
    22,216 SF

    HighLights

    • $80,000 asking price for 0.51‑acre commercial lot.
    • Located in Aledo, IL, at Lot 3 SE 13th Avenue Court (APN: 10‑10‑16‑319‑003).
    • Commercial zoning; utilities at lot line.
    • High visibility at the intersection of Highways 17 and 94, near major retailers and businesses.
    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 Commercial Lot, High Visibility
    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 $80,000.
    What are key features of this property?
    This property features: $80,000 asking price for 0.51-acre commercial lot.; Located in Aledo, IL, at Lot 3 SE 13th Avenue Court (APN: 10-10-16-319-003).; Commercial zoning; utilities at lot line.
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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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