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Mixed Use · Aledo, IL
$250,000
beds · baths
213 S College Avenue, Aledo, IL, 61231
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

Central air
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!
— the listing agent’s description

The home

Built in 1900
Lot 120x40
Mixed Use

What it’ll cost

$4,097 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$1,743/mo
Principal & interest$1,329
Property taxes$341
Homeowners insurance$73
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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7 days on dwello
Price history
Listed for sale
May 12, 2026
$250,000
Property taxes
2025
Annual tax bill (MLS)
$4,097/yr
From county records — verify with the assessor.

Features

Central AirBrick

Schools nearby

Mercer County Community School District · 0.6 mi
Mercer County High School · 0.8 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Starr Fell · eXp Realty
Listing last updated May 18, 2026 · data refreshed from the MLS Jun 17, 2026, 6:17 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:17 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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