Commercial Corner Development
For Sale
$110,000
226 1st Avenue West, Milan, IL 61264
Flat, build-ready commercial corner lot with high visibility and convenient access along 1st Avenue.
Property SizeContact for details
Lot Size0.66 Acres
Days on Market388
Property Features for 226 1st Avenue West
General Information
Standard status
Active
Lot size
0.66 Acres
Property subtype
Land / Land
Zoning
Comme
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$1,776
Listing Agency:
Cornerstone Partners QC - Real Broker, LLC
(563) 424-3499
Listed By:
Michael Ingleby · License #B22012000/475.093175
(563) 424-3499
Source:
Compass
Added: Aug 2, 2025
Changed: Aug 23
Last Checked: Jul 23 at 9:39AM
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 Cornerstone Partners QC - Real Broker, LLC
Investment Insights
Based on property information with market context.
This flat, build-ready commercial corner parcel is positioned for redevelopment with straightforward ingress and egress along 1st Avenue. The lot is described as having nearby utilities, supporting streamlined development timelines, and it is zoned for commercial use.
The property is located directly across from Eriksen Chevrolet, placing it within a high-traffic, business-active corridor. It also provides quick connectivity to I-280 and Big Island Parkway for regional access.
The site is presented as suitable for a range of freestanding concepts, including retail, office, and service-based uses, with surrounding established businesses and ongoing residential growth contributing to the area mix.
The property is located directly across from Eriksen Chevrolet, placing it within a high-traffic, business-active corridor. It also provides quick connectivity to I-280 and Big Island Parkway for regional access.
The site is presented as suitable for a range of freestanding concepts, including retail, office, and service-based uses, with surrounding established businesses and ongoing residential growth contributing to the area mix.
Key Highlights
- .66‑acre commercial corner parcel at 226 E 1st Ave in Milan, flat and build‑ready
- Zoned commercial and suited for retail, office, or service‑based businesses
- Directly across from Eriksen Chevrolet with high daily traffic on a heavily traveled corridor
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Explore this area
Business Placement
Demographics for 61264, IL
10,157
Population
4,978
Households
2
Avg Household Size
47
Median Age
23%
College-Educated
91%
High-School Grad
68.9 sq mi
ZIP Area
147
Density / Sq Mi
$78,285
Median Household Income
$50,389
Median Earnings
$832
Median Rent
$147,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Flat, build-ready commercial corner lot with high visibility and convenient access along 1st Avenue.
Where is this commercial land located?
The property is located at 226 1st Avenue West Milan, IL.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: .66‑acre commercial corner parcel at 226 E 1st Ave in Milan, flat and build‑ready; Zoned commercial and suited for retail, office, or service‑based businesses; Directly across from Eriksen Chevrolet with high daily traffic on a heavily traveled corridor
