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    Aledo, IL Apartment Buildings for Sale

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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Aledo, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Rock Island Apartment Community
    Rock Island Apartment Community

    1103 25th Street, Rock Island, IL 61201

    $2,700,000
    42,000 sqft 1.99 AC lot

    48-unit apartment community in Rock Island, Illinois.

    View details
    Apartment Building for Sale
    Apartment Building for Sale

    301 30th Ave Court, Moline, IL 61265

    $474,900
    28,564 sqft

    Apartment building offered for sale with a total property size of 28,564.

    View details
    Spacious Condo Near Kiwanis Park
    Spacious Condo Near Kiwanis Park

    930 17TH Street #24, Moline, IL 61265

    $117,000
    1,200 sqft

    Second-floor condo with balcony, garage, and included amenities.

    View details
    12-Unit Apartment Building
    12-Unit Apartment Building

    529 31st Street, Rock Island, IL 61201

    Contact for pricing

    One-bedroom residences with off-street parking near Augustana College support a practical multifamily configuration.

    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.

    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Aledo, IL Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings 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.

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    Demographics Overview

    Population 4,958
    Population Growth (5Y) -4.9%
    Median Household Income $66,389
    College Educated 28.7%

    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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