13th Ave Ct Aledo, IL 61231
- Commercial real estate
- 0.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 13th Ave Ct
- Lot size
- 0.40 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aledo
- County
- Mercer
- State
- Illinois
- Longitude
- -90.7347
- Latitude
- 41.1988