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Medical Office With 3 Operatories
For Sale
Contact for pricing
Pending

312 W 3rd Street, Milan, IL 61240

Configured for a sole practitioner with a lab, waiting area, data storage, and multiple parking options.

Property SizeContact for details
Days on Market141

Property Features for 312 W 3rd Street

General Information

Standard status Pending
Total Parking Spaces 5
Property subtype Retail

Additional Details

Road Access Yes
Listing Agency: NAI Ruhl Commercial Company
Listed By: John Corelis · License #IA 475061719
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:00AM

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.

Located at 312 W 3rd Street in Milan, Illinois, this medical office space is configured for a sole-practitioner practice. The layout includes 3 operatories, a laboratory, a waiting area, and dedicated data-storage space.

Parking is available along the street with space for 5 cars, with additional access to rear parking from the alley. The property is positioned across from the Vibrant office and is surrounded by other businesses.

Key Highlights

  • 3 operatories configured for a sole‑practitioner practice
  • Includes a laboratory, waiting area, and data‑storage area
  • Street parking accommodates 5 cars

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Electrical Service Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61240, IL

5,902
Population
2,561
Households
2.3
Avg Household Size
47
Median Age
33%
College-Educated
95%
High-School Grad
36.4 sq mi
ZIP Area
162
Density / Sq Mi
$108,929
Median Household Income
$65,737
Median Earnings
$231,000
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured for a sole practitioner with a lab, waiting area, data storage, and multiple parking options.
Where is this medical office space located?
The property is located at 312 W 3rd Street Milan, IL.
What are key features of this property?
This property features: 3 operatories configured for a sole‑practitioner practice; Includes a laboratory, waiting area, and data‑storage area; Street parking accommodates 5 cars
(309) 721-1064 Call to check price and availability
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