13TH Ave Ct Aledo, IL 61231
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.