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Industrial Flex Space with Office
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1130 W 15th Avenue, Milan, IL 64264

I-1-zoned flex property combines warehouse functionality with renovated office space and utility pass-through expenses.

Space Size8,000 SF
Property Size16,100 SF
Days on Market1010

Property Features for 1130 W 15th Avenue

General Information

Standard status Active
Size 8,000 SF
Net Rentable 8,000 SF
Zoning I-1
Lease Type Net

Space & Availability

Available Space 8,000 SF
Contiguous Space 8,000 SF
Space Use Warehouse
Condition Second Generation
Private Offices 3

Site & Location

Highway Access Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 18 ft
Warehouse Space 6,556 SF
Office Build-Out 1,444 SF
Dock-High Doors 1
Power 400 amps
Three-Phase Power Yes

Taxes and HOA fees

Annual Taxes $18,534

Building Details

Building Size 16,100 SF
Year Built 2000
Buildings 1
Listing Agency: NAI Ruhl Commercial Company
Listed By: Alex Kelly · License #475.134777/S60345000
Source: Craggsrealtors
Added: Oct 30, 2023 Changed: Aug 4 Last Checked: Aug 4 at 2:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Ruhl Commercial Company

Investment Insights

Based on property information with market context.

This 8,000 SF flex property includes 6,556 SF of industrial warehouse area and 1,444 SF of renovated office space. The warehouse provides 18' sidewalls, 400 amp/3-phase power, a 16' x 14' overhead door, a dock-level overhead door, and a floor drain. Mezzanine storage is positioned above the office area.

The office portion includes an open work area, three private offices, and two bathrooms. Completed renovation work supports immediate office use within the broader industrial configuration. The property carries I-1 zoning, and utilities are included among the pass-through expenses. Built in 2000, the facility is located in Milan near I-280.

Key Highlights

  • 8,000 SF total with 6,556 SF warehouse and 1,444 SF renovated office
  • 18' sidewalls and 400 amp/3‑phase electrical service
  • One 16' x 14' large overhead door plus one dock overhead door

Property Analytics

Current Use

Flex space

Lease Details

18 ft
Clear height
1
Dock-high doors
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

Well-served
Demand for This Use

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - I-1-zoned flex property combines warehouse functionality with renovated office space and utility pass-through expenses.
Where is this flex space located?
The property is located at 1130 W 15th Avenue Milan, IL.
What are key features of this property?
This property features: 8,000 SF total with 6,556 SF warehouse and 1,444 SF renovated office; 18' sidewalls and 400 amp/3‑phase electrical service; One 16' x 14' large overhead door plus one dock overhead door
More about this property
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