Apartment Building

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 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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1 active listing matches your search: Apartment Building for sale in Aledo, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

18-Unit Brick Apartment Portfolio
18-Unit Brick Apartment Portfolio

2505 15th Street, Rock Island, IL 61201

$1,200,000
18 units  3,536 sqft  3 buildings  Built 1952  brick
Transit access

Three buildings include varied apartment layouts, detached garages, off-street parking, and on-site laundry.

9 x 2BR apartments  6 x 1BR apartments  3 x efficiency  On-site laundry
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15-Unit Apartment Community
15-Unit Apartment Community

4109 38th Ave, Moline, IL 61265

$965,000
15 units
7.7% cap rate  Highway access  Road access

Garage parking serves a mix of studio, one-bedroom, and two-bedroom residences.

1 x studio  8 x 1BR  6 x 2BR
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18-Unit Brick Apartment Portfolio
18-Unit Brick Apartment Portfolio

2505 15th St, Rock Island, IL 61201

$1,200,000
18 units  3 buildings  brick
Transit access

Three brick buildings offer on-site laundry, detached garages, and additional off-street parking.

9 x 2BR  6 x 1BR  3 x efficiency  On-site laundry
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Spacious Condo Near Kiwanis Park
Spacious Condo Near Kiwanis Park

930 17TH Street #24, Moline, IL 61265

$117,000
1,200 sqft  Built 1964

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

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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, with an estimated market value of $250,000.

Sale prices for apartment complexes in Aledo, IL average $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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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 $250K

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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