UNITED STATES
             SECURITIES AND EXCHANGE COMMISSION

                   Washington, D.C. 20549


                          FORM 8-K


                       CURRENT REPORT

             PURSUANT TO SECTION 13 OR 15(d) OF
           THE SECURITIES AND EXCHANGE ACT OF 1934


 Date of Report (Date of Earliest Event Reported)  December 9, 2003


               AEI INCOME & GROWTH FUND 25 LLC
   (Exact Name of Registrant as Specified in its Charter)

                      State of Delaware
      (State or other Jurisdiction of Incorporation or
                        Organization)




          333-99677                     75-3074973
   (Commission File Number)          (I.R.S. Employer
                                   Identification No.)


  30 East 7th Street, Suite 1300, St. Paul, Minnesota 55101
          (Address of Principal Executive Offices)


                       (651) 227-7333
    (Registrant's telephone number, including area code)


    (Former name or former address, if changed since last
                           report)

Item 2.   Acquisition or Disposition of Assets.

       On  December  9, 2003, the Limited Liability  Company
(the   Company)  purchased  a  50%  interest  in   a   newly
constructed  Johnny  Carino's restaurant  in  Lake  Charles,
Louisiana  from Kona Restaurant Group, Inc.  The total  cash
purchase  price  of the land and building was  approximately
$2,300,000.   The  remaining interest in  the  property  was
purchased  by AEI Private Net Lease Millennium Fund  Limited
Partnership,  an affiliate of the Company.  Kona  Restaurant
Group, Inc. is not affiliated with the Company.

       The  cash, used in purchasing the property, was  from
the proceeds of sale of LLC Units.

Item 7. Financial Statements and Exhibits.

        (a)  Financial  statements of businesses acquired  -
             Not Applicable.

        (b)  On  December 9, 2003, the Company purchased its
             50%  interest  in the property for  $1,150,000.
             The  property was acquired with cash which  was
             provided  from proceeds of sale of  LLC  Units.
             A  limited  number of proforma adjustments  are
             required  to  illustrate  the  effects  of  the
             transaction  on  the balance sheet  and  income
             statement.      The     following     narrative
             description  is  furnished  in  lieu   of   the
             proforma statements:

             Assuming  the Company had acquired the property
             on   September  11,  2003  (date  the   Company
             commenced     operations),    the     Company's
             Investments   in   Real   Estate   would   have
             increased by $1,150,000 and its Current  Assets
             (cash) would have decreased by $1,150,000.

             Income  for  the  Company would have  increased
             from  $11,010  to $16,920 for the period  ended
             September  30,  2003 if the Company  had  owned
             the property during the period.

             Depreciation  Expense would have  increased  by
             $1,756  for  the  period  ended  September  30,
             2003.

             The  net  effect of these proforma  adjustments
             would  have caused Net Income to increase  from
             $7,256  to  $11,410, which would have  resulted
             in   Net   Income  of  $5.24   per   LLC   Unit
             outstanding for the period ended September  30,
             2003.

        (c)  Exhibits

               Exhibit 10.1 - Purchase   Agreement    dated
                              December 9, 2003  between the
                              Company, AEI Private Net Lease
                              Millennium    Fund    Limited
                              Partnership,  and        Kona
                              Restaurant       Group,  Inc.
                              relating to the  Property  at
                              2638   Derek   Drive,    Lake
                              Charles, Louisiana.

               Exhibit 10.2 - Net   Lease  Agreement  dated
                              December  9, 2003 between the
                              Company,  AEI   Private   Net
                              Lease    Millennium      Fund
                              Limited     Partnership,  and
                              Kona  Restaurant  Group, Inc.
                              relating to the  Property  at
                              2638    Derek   Drive,   Lake
                              Charles, Louisiana.


                         SIGNATURES

     Pursuant to the requirements of the Securities Exchange
Act  of 1934, the registrant has duly caused this report  to
be  signed  on  its behalf by the undersigned hereunto  duly
authorized.

                              AEI INCOME & GROWTH FUND 25 LLC

                              By: AEI Fund Management XXI, Inc.
                              Its:  Managing Member


Date:   December 18, 2003    /s/ Patrick  W Keene
                             By: Patrick W. Keene
                             Its: Chief Financial Officer
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UNITED STATES
             SECURITIES AND EXCHANGE COMMISSION

                   Washington, D.C. 20549

                          FORM 8-K

                       CURRENT REPORT

             PURSUANT TO SECTION 13 OR 15(d) OF
           THE SECURITIES AND EXCHANGE ACT OF 1934

 Date of Report (Date of Earliest Event Reported)  December 9, 2003

               AEI INCOME & GROWTH FUND 25 LLC
   (Exact Name of Registrant as Specified in its Charter)

                      State of Delaware
      (State or other Jurisdiction of Incorporation or
                        Organization)

          333-99677                     75-3074973
   (Commission File Number)          (I.R.S. Employer
                                   Identification No.)

  30 East 7th Street, Suite 1300, St. Paul, Minnesota 55101
          (Address of Principal Executive Offices)

                       (651) 227-7333
    (Registrant's telephone number, including area code)

    (Former name or former address, if changed since last
                           report)

Item 2.   Acquisition or Disposition of Assets.

       On  December  9, 2003, the Limited Liability  Company
(the   Company)  purchased  a  50%  interest  in   a   newly
constructed  Johnny  Carino's restaurant  in  Lake  Charles,
Louisiana  from Kona Restaurant Group, Inc.  The total  cash
purchase  price  of the land and building was  approximately
$2,300,000.   The  remaining interest in  the  property  was
purchased  by AEI Private Net Lease Millennium Fund  Limited
Partnership,  an affiliate of the Company.  Kona  Restaurant
Group, Inc. is not affiliated with the Company.

       The  cash, used in purchasing the property, was  from
the proceeds of sale of LLC Units.

Item 7. Financial Statements and Exhibits.

        (a)  Financial  statements of businesses acquired  -
             Not Applicable.

        (b)  On  December 9, 2003, the Company purchased its
             50%  interest  in the property for  $1,150,000.
             The  property was acquired with cash which  was
             provided  from proceeds of sale of  LLC  Units.
             A  limited  number of proforma adjustments  are
             required  to  illustrate  the  effects  of  the
             transaction  on  the balance sheet  and  income
             statement.      The     following     narrative
             description  is  furnished  in  lieu   of   the
             proforma statements:

             Assuming  the Company had acquired the property
             on   September  11,  2003  (date  the   Company
             commenced     operations),    the     Company's
             Investments   in   Real   Estate   would   have
             increased by $1,150,000 and its Current  Assets
             (cash) would have decreased by $1,150,000.

             Income  for  the  Company would have  increased
             from  $11,010  to $16,920 for the period  ended
             September  30,  2003 if the Company  had  owned
             the property during the period.

             Depreciation  Expense would have  increased  by
             $1,756  for  the  period  ended  September  30,
             2003.

             The  net  effect of these proforma  adjustments
             would  have caused Net Income to increase  from
             $7,256  to  $11,410, which would have  resulted
             in   Net   Income  of  $5.24   per   LLC   Unit
             outstanding for the period ended September  30,
             2003.

        (c)  Exhibits

               Exhibit 10.1 - Purchase   Agreement    dated
                              December 9, 2003  between the
                              Company, AEI Private Net Lease
                              Millennium    Fund    Limited
                              Partnership,  and        Kona
                              Restaurant       Group,  Inc.
                              relating to the  Property  at
                              2638   Derek   Drive,    Lake
                              Charles, Louisiana.

               Exhibit 10.2 - Net   Lease  Agreement  dated
                              December  9, 2003 between the
                              Company,  AEI   Private   Net
                              Lease    Millennium      Fund
                              Limited     Partnership,  and
                              Kona  Restaurant  Group, Inc.
                              relating to the  Property  at
                              2638    Derek   Drive,   Lake
                              Charles, Louisiana.

                         SIGNATURES

     Pursuant to the requirements of the Securities Exchange
Act  of 1934, the registrant has duly caused this report  to
be  signed  on  its behalf by the undersigned hereunto  duly
authorized.

                              AEI INCOME & GROWTH FUND 25 LLC

                              By: AEI Fund Management XXI, Inc.
                              Its:  Managing Member

Date:   December 18, 2003    /s/ Patrick  W Keene
                             By: Patrick W. Keene
                             Its: Chief Financial Officer