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    Aledo, IL
    Residential Income

    Aledo, IL Residential Income 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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    Retail Building with Apartment Space
    Updated: Apr 12
    Retail Building with Apartment Space

    122 E Main Street, Aledo, IL 61231

    Contact for pricing
    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
    North side faces Aledo Main Street
    Upstairs set up for 2 large apartments plus a common laundry area
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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 10 Potential Opportunities for your consideration. Besides 2 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.

    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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    Downtown Retail and Apartment Buildings
    Downtown Retail and Apartment Buildings

    59-61 Public Square, Monmouth, IL 61462

    Contact for pricing

    Two downtown buildings offer retail space on the ground floor and one apartment in each building upstairs.

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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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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    302 West Broadway, Monmouth, IL 61462

    $178,000
    0.25 AC lot

    Five apartments with updated electrical service, individual appliances, and shared forced-air heating improvements.

    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
    Lakefront Property Lot in Wapello

    8926 93rd Ave, Wapello, IA 52653

    $48,000
    0.16 AC lot

    Lakefront lot ideal for building a home or cabin.

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    Lakefront Lot in Wapello, Iowa
    Lakefront Lot in Wapello, Iowa

    8926 93Rd Avenue, Wapello, IA 52653

    $48,000
    0.16 AC lot

    Lakefront property lot with water access for home or cabin.

    View details
    Commercial/Residential Development Opportunity
    Commercial/Residential Development Opportunity

    0 E Carl Sandburg Drive, Galesburg, IL 61401

    $550,000

    Prime land for commercial or residential development in Galesburg, IL.

    View details
    Agricultural Zoned Home Lot
    Agricultural Zoned Home Lot

    4006 Concord Ln, Wapello, IA 52653

    $52,000
    2.23 AC lot

    A 2.23-acre lot with utilities and a shared well in place, suited for building a single-family home.

    View details

    Aledo, IL Residential Income Properties Market Trends and Statistics

    Explore 2 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.

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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%

    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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