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    Aledo, IL
    Restaurants

    Aledo, IL Restaurants for Sale

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    Joy, IL Viola, IL New Boston, IL Alexis, IL New Windsor, IL Sherrard, IL Illinois City, IL Taylor Ridge, IL
    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.
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    Aledo Restaurant Location with Apartments
    Updated: May 12
    Aledo Restaurant Location with Apartments

    213 S College Avenue, Aledo, IL 61231

    Contact for pricing
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Aledo, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Single-Tenant Olive Garden Restaurant
    Single-Tenant Olive Garden Restaurant

    4570 16th Street, Moline, IL 61265

    Contact for pricing
    6,836 sqft

    Established restaurant building leased to a nationally recognized dining brand and constructed in 2017.

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    Turn-Key Restaurant with 270 Seats
    Turn-Key Restaurant with 270 Seats

    118 10th Ave W, Milan, IL 61264

    Contact for pricing
    1.51 AC lot

    Turn-key restaurant in Milan, IL with 270 seats, a gaming area, and a private party area plus 80 parking spaces.

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    Historic Restaurant and Patio
    Historic Restaurant and Patio

    400 4th St W, Milan, IL 61264

    Contact for pricing

    Small building used as a coffee shop and deli with an open interior, plus an outdoor patio option.

    View details
    Moline Commercial Space For Sale
    Moline Commercial Space For Sale

    525 14TH Street, Moline, IL 61265

    Contact for pricing
    3,200 sqft

    3200 sq ft commercial space suitable for bar/restaurant use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    West Burlington Development Land Available
    West Burlington Development Land Available

    Autumn Lane Lot : J, West Burlington, IA 52655

    $59,900
    1.31 AC lot

    1.31 +/- acres outlot near Westland Mall for development.

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    Corner Commercial Lot with Drive-Thru
    Corner Commercial Lot with Drive-Thru

    3-71-6 N Grand Avenue, Mount Pleasant, IA 52641

    $69,900
    1.21 AC lot

    Corner commercial lot with an existing driveway and frontage road access, positioned near Pizza Ranch and other national retailers.

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    Commercial-Industrial Land with Utilities
    Commercial-Industrial Land with Utilities

    5241 Oak Crest Hill Rd SE, Hills, IA 52235

    $321,385
    1.24 AC lot

    Fully developed lots with city water and sewer, positioned for commercial and industrial use with highway visibility.

    View details
    Commercial Industrial Land Parcel
    Commercial Industrial Land Parcel

    5231 Oak Crest Hill Rd SE, Hills, IA 52235

    $680,385
    2.67 AC lot

    Fully developed industrial lots with city water and sewer in a newer commercial corridor.

    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.

    303 3Rd St
    Restaurants

    303 3Rd St, Aledo, IL 61231

    Value Estimation by Request
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    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 $135,000.

    Sale prices for restaurant properties in Aledo, IL average $135,000 — 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 $135K

    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%

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