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    Aledo, IL
    Restaurants

    Aledo, IL Restaurants for Sale

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    Joy, IL Viola, IL Matherville, IL Keithsburg, IL New Boston, IL Sherrard, IL Taylor Ridge, IL Andalusia, IL
    Aledo Restaurant Location with Apartments
    Updated: May 12
    Aledo Restaurant Location with Apartments

    213 S College Ave, Aledo, IL 61231

    $250,000
    3,600 sqft
    Prime location in the heart of historic downtown Aledo, across from Central Park, a hub for festivals and events.
    High‑traffic area attracting locals, travelers, and visitors.
    Proximity to the new movie theater, creating a pre‑movie dining opportunity.
    Three upstairs apartments offer potential for additional revenue.
    Two combined buildings provide approximately 3,600 SqFt on the main level.
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    Versatile Commercial Building Near Highways
    Updated: Jan 26
    Versatile Commercial Building Near Highways

    1708 Se 3rd St, Aledo, IL 61231

    $135,000
    2.28 AC lot
    Highly visible location near the intersection of Hwy 94 & Hwy 17.
    Versatile building suitable for various businesses (bowling alley, restaurant, recreational wrestling club, etc.).
    Located near grocery store, restaurants, banks, hardware store, mechanics, and more.
    Easy accessibility for clients.
    Fantastic investment opportunity.
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Restaurant for sale in Aledo, IL. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Bar Property
    Downtown Bar Property

    1704 2nd Ave, Rock Island, IL 61201

    $199,500
    3,650 sqft

    Former bar and nightclub positioned in downtown Rock Island.

    View details
    Bar and Restaurant Building
    Bar and Restaurant Building

    4514 9th St, Rock Island, IL 61201

    $299,000
    4,299 sqft  Built 1931

    Two-level commercial property with bar, kitchen, dining, apartment, and basement storage areas.

    Equipment included  Furnished
    View details
    Arby's Restaurant Property
    Arby's Restaurant Property

    4520 16th St, Moline, IL 61265

    Contact for pricing
    Single tenant  2,925 sqft
    Highway access

    The single-tenant site has hosted the same restaurant brand in Moline for over four decades.

    View details
    NNN Leased KFC Restaurant For Sale
    NNN Leased KFC Restaurant For Sale

    4440 16th St, Moline, IL 61265

    Contact for pricing
    3,293 sqft  Built 2008

    NNN leased KFC with long-term lease and strong operating history.

    View details

    Off-Market Properties in Aledo, IL

    Consider similar Off-Market properties in Aledo, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Aledo, IL Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Aledo, IL on our real estate platform. These investment opportunities span a total of 3,600 square feet of properties for sale, with an estimated market value of $385,000.

    Sale prices for restaurant properties in Aledo, IL start at $135,000, averaging $192,500, and reaching up to $250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 4,958
    Population Growth (5Y) -4.9%
    Median Household Income $66,389
    College Educated 28.7%

    High-Yield Neighborhoods for Investment

    Identify Aledo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61231 $192.5K

    Taxes & Financing

    Tax Rate (average for all types) 8.81%
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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