Property profile

13TH Ave Ct Aledo, IL 61231

OFF-MARKET
Land
1.01 ac lot
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Property summary

AI-generated overview

This exceptional 1.01-acre commercial lot, located at Lot 7 SE 13TH Avenue Court in Aledo, Illinois (APN: 10-10-16-319-007), presents a unique investment opportunity. Priced at $150,000, this property boasts a highly visible location at the intersection of Highway 17 and Highway 94, ensuring significant exposure to local traffic and travelers. Utilities are conveniently located at the lot line, simplifying development. The lot offers excellent highway frontage on Highway 94 and benefits from its proximity to numerous established businesses, including Walmart, McDonald's, Mercer Market Grocery Store, a Mexican restaurant, Casey's Gas Station, AutoZone, Blackhawk Bank, a church, a physical therapist's office, and a veterinary clinic. The thriving community of Aledo is strategically situated between Davenport, Muscatine, Burlington, and Galesburg, offering easy access to a larger regional market. Aledo's proximity to the Mississippi River (approximately 20 minutes away) also adds to its appeal. The property is zoned for commercial use, making it ideal for a wide range of businesses. With Midwest Bank already established on the adjacent Lot 8, this location is primed for further development and growth. This is a rare chance to secure a prime commercial lot in a growing community with excellent visibility and convenient access to major transportation routes. The property's location offers significant potential for high returns on investment. Consider this exceptional opportunity to establish your business in a vibrant and accessible location.

Property profile

Verified
Property type Land
Lot 1.01 ac (43,996 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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