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!
Property Details
Price:
$250,000
MLS #:
MRD12644667
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
aledo
Listed Date:
May 12, 2026
Total Sq Ft:
3,600
Year Built:
1900
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Stories
2
Financial
Tax Year
2024
Taxes
$4,097
Map
Community
- Address213 S College Avenue Aledo IL
- CityAledo
- CountyMercer
- Zip Code61231
Market Summary
Current real estate data for Commercial in Aledo as of Jun 16, 2026
3
Commercial Listed
105
Avg DOM
$361,333
Avg List Price
Property Summary
- 213 S College Avenue Aledo IL is a Commercial for sale in Aledo, IL, 61231. It is listed for $250,000
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Copyright 2026. All rights reserved.
213 S College Avenue
Aledo, IL

