By using the generalized Huygens–Fresnel diffraction integral, the analytical expressions for the cross-spectral density matrix, spectral degree of polarization, orientation angle and degree of ellipticity of polarization ellipse of apertured stochastic electromagnetic modified Bessel–Gauss beams (MBGBs) through a paraxial optical ABCD system are derived, and used to study the changes in the state of polarization of apertured stochastic electromagnetic MBGBs propagating in free space. The invariance of the on-axis state of polarization of unapertured stochastic electromagnetic MBGBs propagating through paraxial optical ABCD systems is illustrated analytically and numerically. For apertured stochastic electromagnetic MBGBs, the on-axis spectral degree of polarization, orientation angle and degree of ellipticity of polarization ellipse increase with increasing propagation distance, and approach asymptotic values when the propagation distance is large enough. There is a uniform distribution region of the state of polarization around the center of the beams whose range decreases with increasing truncation parameter. In addition, the state of polarization of apertured stochastic electromagnetic MBGBs upon propagation can be modulated by controlling the truncation parameter.