Property summary
This 0.51-acre commercial lot in Aledo, Illinois, presents a unique investment opportunity. Situated at the intersection of Highways 17 and 94, this property boasts exceptional visibility and accessibility. Located near major retailers such as Walmart, McDonald's, and Mercer Market Grocery Store, as well as other local businesses including a Mexican restaurant, Casey's Gas Station, AutoZone, Blackhawk Bank, a church, physical therapist, and veterinary clinic, this lot ensures high daily traffic. The lot benefits from city utilities at the lot line and city road frontage. Aledo's vibrant community calendar includes events like the renowned Rhubarb Fest, Mercer County Fair, Antique Days, and Holly Days, attracting visitors year-round. The town's historical significance, coupled with amenities such as a public swimming pool, daycare, schools, YMCA, sunflower farm, pumpkin patch, country club, and various restaurants and shops, creates a thriving environment for businesses. This property is ideal for entrepreneurs seeking a high-visibility location in a bustling community. Lots 4 & 5 are pending development, projected to begin in 2024. This is a chance to establish your business in a well-established and growing town. The asking price is $80,000.
Property profile
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Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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