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    OFF-MARKET
    Commercial real estate

    13th Ave Ct, Aledo, IL 61231

    0.55 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.55-acre commercial lot, located at Lot 4, SE 13th Avenue Court in Aledo, Illinois, presents a unique investment opportunity. Situated in a thriving community, this property boasts convenient access to major transportation routes. Highway 17 and Highway 94 intersect in downtown Aledo, providing easy connectivity, and Interstate 72 is only 24 miles away. The lot benefits from city road frontage, and specifically, Lot 4 enjoys direct frontage on Highways 17 and 94, ensuring high visibility and accessibility. Utilities are readily available at the lot line, simplifying development and reducing upfront costs. The location is strategically positioned within a quarter-mile radius of several established businesses, including a Walmart, McDonald's, Mercer Market Grocery Store, and a Mexican restaurant. Further enhancing the area's appeal, a Casey's Gas station is under construction directly across the street, and a Midwest Bank is located within the same subdivision. This prime location offers significant potential for a variety of commercial ventures, capitalizing on the strong existing infrastructure and the growing Aledo community, just 30 minutes south of the Quad Cities and 45 minutes north of Galesburg. The asking price for this exceptional lot is $100,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.55 ac (23,958 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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