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    Aledo, IL
    Residential Income

    Aledo, IL Residential Income Properties for Sale

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    Joy, IL Viola, IL Keithsburg, IL New Boston, IL Sherrard, IL Taylor Ridge, IL Milan, IL Andalusia, IL
    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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    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.

    Mobile Home & RV Park
    Mobile Home & RV Park

    4105 NOBIS DR, Davenport, IA 52802

    Contact for pricing
    183,387 sqft

    Includes an on-site three-bedroom, two-bath home.

    View details
    Updated Duplex with Detached Garage
    Updated Duplex with Detached Garage

    1617 29 1/2 St, Rock Island, IL 61201

    $159,900

    Two separate two-bedroom residences offer individual kitchens and living areas, with dedicated garage parking for each unit.

    View details
    Two-Unit Duplex with Separate Laundry
    Two-Unit Duplex with Separate Laundry

    3643 Rockingham Road, Davenport, IA 52802

    Contact for pricing

    Both apartments have three bedrooms and one bathroom, with off-street parking for residents.

    View details
    Two-Unit Duplex
    Two-Unit Duplex

    1600 12TH Avenue, Rock Island, IL 61201

    $80,000

    A 1921 residential property with two separate living units.

    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.

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    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.

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    Residential Land Near Golf Course
    Residential Land Near Golf Course

    4008 Concord Ln, Wapello, IA 52653

    $54,000
    2.13 AC lot

    2.13 acres of residential land near a golf course.

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    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 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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    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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