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    Milan, IL
    Automotive

    Milan, IL Automotive Properties 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.

    Automotive Campus on Harrison Street
    Automotive Campus on Harrison Street

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    Contact for pricing
    36,540 sqft · 8.99 AC lot

    36,540 SF multi-building automotive campus on 8.99 acres.

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    Corner Lot with Highway Visibility
    Corner Lot with Highway Visibility

    124 E Platt Street, Maquoketa, IA 52060

    $98,000
    0.34 AC lot

    Vacant corner double lot with B2 zoning and parking use.

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    Vacant Corner Lot on Highway
    Vacant Corner Lot on Highway

    124 E Platt Street, Maquoketa, IA 52060

    $98,000
    0.34 AC lot

    Vacant corner double lot with highway access and B2 zoning.

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    Mixed-Use Building with Large Parking
    Mixed-Use Building with Large Parking

    813 W 2nd St, Davenport, IA 52802

    $250,000
    5,106 sqft

    Mixed-use building with retail, residential potential, and nightclub space.

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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.

    Dubuque Commercial Land For Sale
    Dubuque Commercial Land For Sale

    S HWY 61 151, Dubuque, IA 52003

    $705,380
    10.00 AC lot

    10 acres with high visibility near HWY52/HWYS 151/61 interchange.

    View details
    Commercial Land on Highway Rt 64
    Commercial Land on Highway Rt 64

    510 E Washington, Oregon, IL 61061

    $175,000
    0.52 AC lot

    Three city lots zoned B2 Business District on Illinois State Hwy

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    Grinnell Development Land For Sale
    Grinnell Development Land For Sale

    500 Lang Creek Avenue, Grinnell, IA 50112

    $802,593
    3.35 AC lot

    Prime commercial land with high visibility and traffic volume.

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    Zoned Commercial General Development Land
    Zoned Commercial General Development Land

    N Main Street, Rockton, IL 61072

    $550,000
    13.20 AC lot

    Commercially zoned acreage near Red Barn Golf Course and nearby housing, offering flexibility for a range of business uses.

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    Milan, IL Automotive Properties Market Trends and Statistics

    Explore 1 automotive properties 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 automotive businesses 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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