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    OFF-MARKET
    Commercial real estate

    303 3Rd St, Aledo, IL 61231

    Built 2015
    Property ID
    US28-4578683
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 303 SW 3rd Street in Aledo, Illinois, presents a unique investment opportunity. The property consists of a 3,000 square foot building constructed in 2015, situated on a large lot with significant frontage on a main highway, ensuring high visibility and accessibility for any business. The ample parking includes a double entrance lot, providing convenient access for customers and employees. Beyond the building, an expansive grassy area extends approximately 100 feet to the north, offering additional space for expansion, outdoor seating, or other uses. The property's zoning allows for a variety of commercial uses, including restaurants, making it an ideal location for a diverse range of businesses. The 2023 tax assessment was $84,100, projecting an annual tax liability of approximately $7,703.00, assuming the tax rate remains consistent. This turnkey property is offered at an asking price of $85,000 and is ready for immediate occupancy. The combination of prime location, substantial building size, ample parking, and additional land makes this a truly remarkable opportunity for entrepreneurs and investors alike. The property is classified as Land and Retail, with a Commercial and Restaurant subtype.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2015
    UPID US28-4578683
    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
    Current use
    Occupant on record · Public records
    • ATM Atm
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    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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