Property profile

13th Ave Ct Aledo, IL 61231

OFF-MARKET
Commercial real estate
0.55 ac lot
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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

Location

13th Ave Ct Aledo, IL 61231
Aledo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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