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    Milan, IL
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    Milan, IL Auto Shops for Sale

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    Rock Island, IL Moline, IL Davenport, IA
    Milan Automotive Shop and Office
    Updated: Mar 12
    Milan Automotive Shop and Office

    337 W 1ST Avenue, Milan, IL 61264

    $395,000
    4,000 sqft · 3.50 AC lot
    Over 4,000 s/f of open shop and office space.
    Located on a heavily traveled, 4 lane section of Highway 67 in the Business District of Milan, Ill.
    Features nine 12' X 12' overhead doors, each with its own work bay.
    Sits on 3.5 acres (MOL) with a large, black top parking area.
    Floor drains throughout the shop floor area.
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    This listing looks promising.

    Here's a quick look at some key insights for

    337 W 1ST Avenue, Milan, IL 61264

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    • Est. Cap Rate

      6.5%
      Above avg (5.9%)

    • Est. NOI

      $26K
      Annual

    • Mortgage

      $345K
      Oct 2025

    • Last Sold

      Oct 2025
      $345K

    • Property Type

      Commercial (General)
      Built 1950
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Milan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Maquoketa Commercial Auto Shop Building
    Maquoketa Commercial Auto Shop Building

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    $265,000
    3,900 sqft

    Commercial building with auto shop features and ample parking.

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    Established Auto Body Shop
    Established Auto Body Shop

    401 E Grove Street, Maquoketa, IA 52060

    $265,000
    3,904 sqft

    Corner lot building, auto shop for 45+ years.

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    Peoria Automotive Business and Real Estate
    Peoria Automotive Business and Real Estate

    4748 N Brandywine Dr, Peoria, IL

    $1,406,850
    8,121 sqft · 0.89 AC lot

    8,121 SF MAACO automotive business and real estate for sale.

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    Sterling Avenue Automotive Service Building
    Sterling Avenue Automotive Service Building

    3028 N Sterling Ave, Peoria, IL 61604

    $224,000
    1,714 sqft

    1,714 SF commercial building on Sterling Ave for sale.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Oswego, IL Land For Sale
    Oswego, IL Land For Sale

    94 Templeton Drive, Oswego, IL 60543

    $295,000
    1.19 AC lot

    1.19 acre industrial land available in Oswego, Illinois.

    View details
    Heavy Commercial Land with Residence
    Heavy Commercial Land with Residence

    4732 Highway 78, Black Earth, WI 53515

    $199,000
    3.54 AC lot

    3.54-acre heavy commercial site on Hwy 78 with a 3-bedroom home, septic, and shared well for mixed operations.

    View details
    Springfield Commercial Land Opportunity
    Springfield Commercial Land Opportunity

    W WABASH Avenue, Springfield, IL 62711

    $7,900,000
    28.79 AC lot

    28+ acres of commercial land ready for development.

    View details
    Commercial Property in Wonder Lake
    Commercial Property in Wonder Lake

    7312 Hancock Drive, Wonder Lake, IL 60097

    $300,000
    0.31 AC lot

    Commercial property available in Wonder Lake, Illinois.

    View details

    Milan, IL Auto Shops Market Trends and Statistics

    Explore 1 auto shops for sale in Milan, IL on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $395,000.

    Sale prices for auto repair shops in Milan, IL start at $395,000, averaging $395,000, and reaching up to $395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) -5.3%
    Median Household Income $78,285
    College Educated 30.7%

    High-Yield Neighborhoods for Investment

    Identify Milan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61264 $395K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rock Island County

    New Delisted

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