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105-109 NE 5th Avenue, 
Aledo, IL 61231

$120,000


Bed


Bath


2,816

Sq Ft


Multi-Family

Active

Listed by

Adam Merrick

Adam Merrick Real Estate

309-282-1000

Last updated:

March 3, 2026, 03:16 PM

MLS#

PA1263753

Source:

IL CAAR

About This Home

105-109 NE 5th Avenue

Prime Investment Opportunity: 105-109 Northeast 5th Street, Aledo! Unlock incredible income potential in the heart of Aledo with this well-maintained four-unit building. This property represents a premier opportunity for investors seeking immediate cash flow and long-term stability. The strategic layout features two spacious two-bedroom units alongside two efficient studio units, ensuring a diverse appeal that caters to a wide range of local rental needs. What truly sets this investment apart is the perfect balance of stability and immediate growth. The building is currently anchored by reliable, long-term tenants, providing a solid foundation for your portfolio from day one. Additionally, one unit is currently vacant and move-in ready, offering the immediate upside of placing a new tenant at current market rates or even pursuing an owner-occupied financing strategy. Located within easy reach of local Aledo schools, parks, and downtown amenities, this turnkey multi-family property is built to perform. Whether you are expanding an existing portfolio or looking for a strong entry into the market, this is an income-producer you don't want to miss.

Home Facts

Multi-Family

Built in 1938

Price Summary

120,000

$42 per Sq. Ft.

MLS #:

PA1263753

Last Updated:

March 3, 2026, 03:16 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

2,816 Sq. Ft.


Structure

Structure

Building Area:

2,816 Sq. Ft.

Year Built:

1938


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$120,000

Price per Sq. Ft:

$42 per Sq. Ft.

Source:IL CAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.