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    Aledo, IL
    Restaurants

    Aledo, IL Restaurants for Sale

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    Joy, IL Viola, IL Keithsburg, IL New Boston, IL Sherrard, IL Taylor Ridge, IL Milan, 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
    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 7 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

    Opportunities in Nearby Cities

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

    Bar and Restaurant Building
    Bar and Restaurant Building

    4514 9th St, Rock Island, IL 61201

    $299,000
    4,299 sqft

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

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    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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    Freestanding Restaurant Building
    Freestanding Restaurant Building

    2716 18th Ave, Rock Island, IL 61201

    Contact for pricing
    3,520 sqft

    Operating food-service property with on-site parking and B-1 Neighborhood Business zoning.

    View details
    Six-Asset Single-Tenant Retail Portfolio
    Six-Asset Single-Tenant Retail Portfolio

    4460 16th St, Moline, IL 61265

    Contact for pricing

    Fee simple portfolio of six single-tenant retail assets with in-place tenants including Arby’s, Olive Garden, Verizon, and Firestone.

    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

    Estimated value:
    No data
    View details

    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%

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