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sales rep | Brivity IDX

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213 S College Ave , Aledo, IL 61231
$250,000
Est. Payment: $1,341.37/mo
3600 Sqft
0.1 Acres
Status: active | Days on site: 136
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108270 - 1083165,1083562
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House Description

Historic Downtown Aledo Restaurant Location, Looking for a New Owner! This Fabulous Location is in the Heart of Aledo, IL located right across the street from Central Park where multiple festivals and events are hosted and bring in visitors from all over the nation! This high traffic area will bring in locals, travelers, and visitors to dine in this convenient restaurant. Aledo recently opened a movie theater next to central park, making this restaurant an ideal spot to grab dinner before the movie! Historic Downtown Aledo has received a major facelift recently bringing in lots of potential business to the area. College Ave is home to many different businesses including; Thrift Stores, Antique Stores, Restaurants, Banks, Hair Salons, Local Businesses, Pharmacy, Flooring Store, Medical Offices, The Post Office, Bars, and more! This building also offers 3 Apartments upstairs for addional potential revenue. Originally this was 2 separate buildings/businesses. 1 building is approx. 1,980SqFt on the main level, while the other is approx. 1,620SqFt on the main level. The 2 buildings are now connected with an open walkway from 1 dining room to the other. This unique building is full of possibilities and we are excited to hear about your future plans for this fantastic location! Call today for more information and/or to schedule a private showing!

Highlights

Listed by Starr Fell , 309-582-6425 and Zach Frick , (309) 738-8708 eXp Realty , 833-835-5566. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
0.1

Year Built

1900

County

Mercer

Area

Aledo

Listing ID

12644667

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:120x40
Zoning:COMMR
Principal Interest
$1,341
Taxes
$341

Home Price

$250,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$50,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,341.37

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,341.37 $341.42 $0.00 $1,682.78
Yearly $16,096.41 $4,097.00 $0.00 $20,193.41
Total $482,892.42 $122,910.00 $0.00 $605,802.42
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Aledo, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T02:55:04.000Z

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