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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

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 Retail properties & Spaces
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
  • Coinhub Bitcoin ATM Teller Atm
  • CDReload - Online Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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