Property profile

13TH Ave Ct Aledo, IL 61231

OFF-MARKET
Land
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 (APN: 10-10-16-319-004), presents a unique investment opportunity. Zoned for commercial use, this property boasts convenient access to major roadways, including Highway 17 and Highway 94, which intersect in downtown Aledo. Its strategic location places it within a quarter-mile radius of established businesses such as Walmart, McDonald's, Mercer Market Grocery Store, and a Mexican restaurant. A new Casey's Gas station is under construction directly across the street, further enhancing the area's commercial appeal. A Midwest Bank is also situated within the same subdivision. Utilities are readily available at the lot line. The property offers significant advantages due to its proximity to the Quad Cities (30 minutes south) and Galesburg (45 minutes north), and its location just 24 miles from Interstate 72. This lot provides excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The property features city road frontage, and specifically, Lot 4 enjoys frontage on Highways 17/94. This is a rare opportunity to acquire a well-situated commercial lot in a thriving Illinois community. The asking price is $100,000.

Property profile

Verified
Property type Land
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

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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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