Map location of 501 SW 3RD Street, Aledo, IL 61231
$209,900
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501 Sw 3Rd Street, Aledo, IL 61231

 Contact
- Beds
0 Baths
3,420 Sq Ft

Check out this Fabulous Apartment Building! This well maintained building features 5 separate apartments and is located within walking distance to schools, parks, churches, the YMCA, Historical Downtown Aledo, Restaurants, Shopping, Movie Theater, and More! The front of the building was previously used as an office space, but has been converted into an efficiency apartment. The main level features 2 more apartments that each have 2 bedrooms. The 3 main level apartments are Handicap Accessible. The upper level offers 2 One bedroom apartments. This building has been well maintained and recently updated items include: siding, flooring, insulation, appliances, downspouts, heating & A/C units, and more! All 5 units are currently tenant occupied. The new owner would take over the leases and begin making residual income immediately!

Listing By: Starr Fell - eXp Realty ilmlsni-r Realty.com
  • MLS# QC4268695
  • Date Listed10/24/2025
  • Days on Realty 57 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • County Mercer
  • Year Built 1954
  • Square Feet 3,420 sq. ft
  • Price Per Sq. Ft $61.37

Interior Features

  • Cooling Window Unit(s)

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

From Hwy 67, Turn West onto Hwy 17, Property is on the Northside of the street between SW 5th Ave & SW 6th Ave

Financial Considerations

  • Tax Amount $5,424
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in IL / 61231

Source: Walkscore

56/100

Somewhat Walkable

Walk Score ®

43/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 13/100.

Points of Interest near 501 SW 3RD Street, Aledo, IL 61231

Frequently Asked Questions for 501 SW 3RD Street

Source: Realty.com

501 SW 3RD Street, Aledo, IL 61231 is a Multi Family, Commercial Sale property listed for $209,900 The property is 3420 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 27 photos of 501 SW 3RD Street.

Our records indicate that 501 SW 3RD Street was built in 1954.

The full address for this home is 501 SW 3RD Street, Aledo, IL 61231.

501 SW 3RD Street has been listed on Realty.com since Fri October 24, 2025

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 13/100.

There are 2 schools assigned to this home. Check out the schools near 501 SW 3RD Street. Mercer County Jr High School (Grades: 7 - 8), Mercer County High School (Grades: 9 - 12)

Listing provided courtesy of: Exp Realty (tel: 833-835-5566)
Listing agent: Starr Fell (tel: 833-835-5566) (#1083165)

This content last refreshed on 2025-12-20 10:41:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 501 SW 3RD Street, Aledo, IL 61231 : MLS# QC4268695

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