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    Aledo, IL Residential Income Properties for Sale

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    Keithsburg, IL New Boston, IL Illinois City, IL
    Aledo Restaurant Location with Apartments
    $250,000
    3,600 SF
    Aledo Restaurant Location with Apartments

    213 S College Avenue, Aledo, IL 61231

    Historic downtown Aledo restaurant with apartments for sale.
    • 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.
    Updated: May 12
    View details
    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
    $2,900,000
    42,000 SF
    Rock Island Apartment Community

    48-unit apartment community in Rock Island, Illinois.

    1103 25th Street, Rock Island, IL 61201

    View details
    Turnkey Multifamily Property in Rock Island
    $79,900
    1,407 SF
    Turnkey Multifamily Property in Rock Island

    Fully occupied duplex with recent upgrades and positive cash flow.

    1600 9TH Street, Rock Island, IL 61201

    View details
    Monmouth Multifamily Investment Opportunity
    $140,000
    Monmouth Multifamily Investment Opportunity

    Five-unit multifamily property in Monmouth, Illinois with value-add potential.

    211 W Broadway, Monmouth, IL 61462

    View details
    Monmouth Multifamily Investment Opportunity
    $240,000
    Monmouth Multifamily Investment Opportunity

    Ten-unit multifamily property in Monmouth, Illinois with value-add potential.

    315 N 1st St, Monmouth, IL 61462

    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.

    Lakefront Property Lot in Wapello
    $48,000
    0.16 Acres
    Lakefront Property Lot in Wapello

    Lakefront lot ideal for building a home or cabin.

    8926 93rd Ave, Wapello, IA 52653

    View details
    Lakefront Lot in Wapello, Iowa
    $48,000
    0.16 Acres
    Lakefront Lot in Wapello, Iowa

    Lakefront property lot with water access for home or cabin.

    8926 93Rd Avenue, Wapello, IA 52653

    View details
    Land Ready for Dream Home
    $52,000
    2.23 Acres
    Land Ready for Dream Home

    Unimproved land with scenic views and convenient location in Wapello, IA.

    4006 Concord Ln, Wapello, IA 52653

    View details
    Residential Land Near Golf Course
    $54,000
    2.13 Acres
    Residential Land Near Golf Course

    2.13 acres of residential land near a golf course.

    4008 Concord Ln, Wapello, IA 52653

    View details

    Aledo, IL Residential Income Properties Market Trends and Statistics

    Explore 1 residential income 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, with an estimated market value of $250,000.

    Sale prices for residential income properties in Aledo, IL start at $250,000, averaging $250,000, and reaching up to $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    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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