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    Aledo, IL
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    Aledo, IL Multifamily Properties 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.

    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
    Up-and-Down Duplex with Garages
    Up-and-Down Duplex with Garages

    2413 12th Street, Rock Island, IL 61201

    Contact for pricing

    Centrally located up-and-down duplex with both units occupied by long-term tenants, each with 2 bedrooms and 1 bathroom.

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    Retail and Residential Income Property
    Retail and Residential Income Property

    4401 11th St, Rock Island, IL 61201

    Contact for pricing

    Mixed-use income property with leased commercial space and residential units, totaling 4,560 and 1,520 SF respectively.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    1837 & 183 13th Street, Moline, IL 61265

    Contact for pricing

    Owner-occupied duplex with two 3-bedroom, 2-bath units and off-street parking for at least four cars.

    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 Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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    Residential Lot in Wellsville, MO
    Residential Lot in Wellsville, MO

    412 Washington Street, Wellsville, MO 63384

    Contact for pricing
    0.17 AC lot

    Ready-to-build residential lot in a charming small town.

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    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details
    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details

    Aledo, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    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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