Property summary
This exceptional 0.4-acre commercial lot, located at Lot 1, SE 13th Avenue Court in Aledo, Illinois, presents a remarkable investment opportunity. Situated at the major intersection of Highways 17 and 94, this property boasts unparalleled visibility and accessibility. The lot benefits from utilities readily available at the lot line, simplifying the development process. Its strategic location places it within close proximity to a variety of established businesses, including Walmart, McDonald's, Mercer Market Grocery Store, a Mexican restaurant, Casey's Gas Station, AutoZone, Blackhawk Bank, a church, a physical therapist's office, and a veterinary clinic. The presence of Midwest Bank on the adjacent Lot 8 further underscores the area's commercial viability. This lot offers significant highway frontage on Highways 17/94, ensuring maximum exposure to a high volume of daily traffic, including local residents, travelers, and freight drivers. Aledo itself is experiencing a period of significant growth and development, with ongoing projects such as the restoration of the historic downtown area, a multi-million dollar YMCA expansion, school expansions, new residential construction, an apartment building renovation, and the planned construction of a new aquatic center in 2024. The recent opening of a campground south of town and motorsports trails north of town further contribute to the city's expanding appeal. This property offers a unique chance to become part of Aledo's thriving commercial landscape, strategically positioned between Davenport, Muscatine, Burlington, and Galesburg. The asking price for this prime commercial lot is $120,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.