501 3rd Street, Aledo, Illinois 61231
$158,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 0 |
| Baths: | 0 |
| Year Built: | 1954 |
| Property Taxes: | $5,931 |
| Days On Market: | 144 |
| Lot Size: | 0,13 |
Description
Well-maintained 5-unit apartment building located within walking distance to schools, parks, churches, the YMCA, historic downtown Aledo, restaurants, shopping, and a movie theater. This property offers a strong investment opportunity with multiple unit types and a convenient in-town location. The building consists of five units, including one efficiency apartment (formerly office space) located at the front of the building, two 2-bedroom units on the main level, and two 1-bedroom units on the upper level. The three main-level units offer accessibility-friendly features. Recent updates include windows, flooring, insulation, appliances, downspouts, and heating systems, contributing to the overall maintenance and functionality of the property. At the time of listing, four units are tenant-occupied with established tenancy ranging from approximately 2 to 13 years. The efficiency unit is currently vacant, offering an opportunity for additional rental income. Buyer will assume existing leases.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1954 | |
| — | |
| — | |
| No | |
| 0.13 |
| Mercer | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12629533 | |
| 101017356017 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Apollo Elementary School |
404 | — | |
|
Middle School
Mercer County Junior High School |
404 | Not in DB | |
|
High School
Mercer County High School |
404 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 18 Aug, 2026 | Sold | $158,000 | MRED MLS |
| 18 Jul, 2026 | Under contract | $179,500 | MRED MLS |
| — | Last price change | $189,500 | MRED MLS |
| 25 Apr, 2026 | Listed for sale | $189,500 | MRED MLS |
Room Specifics
Total Bedrooms: —
Bedrooms Above Ground: 0
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| — | |
| — | |
| — | |
| — | |
| — | |
| 96x60 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $5,931 |
Contact Agent
Contact Agent
Listing Provided By
eXp Realty
