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Retail Building with Apartment Space
For Sale
Contact for pricing
Pending

122 E Main Street, Aledo, IL 61231

Former Maid Rite building offers multi-storefront retail layout with two upstairs apartments and two overhead doors.

Days on Market111

Property Features for 122 E Main Street

General Information

Standard status Pending
Property subtype Retail, Multifamily

Additional Details

Road Access Yes
Multifamily Units 2
Listing Agency: EXP REALTY, LLC
Listed By: Zach Frick
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 30 at 12:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY, LLC

Investment Insights

Based on property information with market context.

The former Aledo Maid Rite building is available for sale and is configured to support multiple businesses with separate access and storefront presence. The building’s southern portion includes two large overhead doors, and the structure is described as able to accommodate up to three businesses.

The property has three sides of city street frontage, including Main Street, S 2nd St, and E 2nd Ave, with the north side facing Aledo Main Street. The upstairs is set up for two large apartments and includes a common laundry area.

Overall, the building combines street-facing retail potential on multiple sides with residential space upstairs, with the additional benefit of overhead loading-style doors on the southern portion.

Key Highlights

  • Former Aledo Maid Rite building with 3 sides of city street frontage on Main St, S 2nd St, and E 2nd Ave
  • Multi‑storefront layout designed to fit up to 3 businesses, each with its own access and storefront
  • Southern portion includes 2 large overhead doors for added loading/entry functionality

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 40%
Circle K Shops & Services
7,191 visits/mo 0.2 miles
Happy Joe's Dining
3,203 visits/mo 0.1 miles
SUBWAY Dining
2,227 visits/mo 0.1 miles
Aledo #2 Shops & Services
596 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
468 visits/mo 0.2 miles

Demographics for 61231, IL

5,291
Population
2,344
Households
2.3
Avg Household Size
46
Median Age
22%
College-Educated
95%
High-School Grad
153.5 sq mi
ZIP Area
34
Density / Sq Mi
$66,389
Median Household Income
$42,116
Median Earnings
$772
Median Rent
$141,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Former Maid Rite building offers multi-storefront retail layout with two upstairs apartments and two overhead doors.
Where is this retail space located?
The property is located at 122 E Main Street Aledo, IL.
What are key features of this property?
This property features: Former Aledo Maid Rite building with 3 sides of city street frontage on Main St, S 2nd St, and E 2nd Ave; Multi‑storefront layout designed to fit up to 3 businesses, each with its own access and storefront; Southern portion includes 2 large overhead doors for added loading/entry functionality
(833) 835-5566 Call to check price and availability
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