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Milan, IL

Milan, IL Commercial Real Estate for Sale

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Milan Automotive Shop and Office

Updated: Oct 7, 2021

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.

This listing looks promising.

Here's a quick look at some key insights for

337 W 1ST Avenue, Milan, IL 61264

View Property Analytics

Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$33K
Annual
Mortgage

$345K
Oct 2025
Last Sold

Oct 2025
$345K
Property Type

Commercial (General)
Built 1950

View Property Analytics

Industrial Workshop with Storage Units

Updated: Jul 7

Industrial Workshop with Storage Units

711 9th Street W, Milan, IL 61264

$275,000

4,032 sqft 0.88 AC lot

4,032 SF industrial property built in 1995 on approx. 0.88 acres with workshop, storage, and office space
5 connected garage bays with 7 overhead doors for efficient industrial/storage access
Fenced property includes 18 storage units plus 2 carports
Dedicated office space plus finished loft with living room, dining area, full bath, and closet
220‑volt heating and cooling in the office and loft

Commercial Flex Facility with Yard

Commercial Flex Facility with Yard

630 2nd Avenue West, Milan, IL 61264

$360,000

Corner flex building with heated shop, multiple overhead doors, fenced all-concrete yard, and office suite with multiple private offices.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Milan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Rock Island Commercial Property

Rock Island Commercial Property

2916 78th Ave, Rock Island, IL 61201

Contact for pricing

242,498 sqft

Large commercial property available in Rock Island, Illinois.

Industrial Building

Industrial Building

4701 Rockingham Road, Davenport, IA 52802

Contact for pricing

11,600 sqft

Industrial property offered for sale with 11,600 SF of space.

Recreational Farmland with Deeded Access

Recreational Farmland with Deeded Access

1992 65th Avenue W, Rock Island, IL 61201

$325,000

68.05 AC lot

A 68-acre Rock Island tract with mixed open field, brush, and timber, suited for hunting and outdoor recreation.

Industrial Land For Sale

Industrial Land For Sale

4000 E River Dr, Davenport, IA 52803

$301,750

High visibility industrial land parcel available for purchase.

Off-Market Properties in Milan, IL

Consider similar Off-Market properties in Milan, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

COMMERCIAL (GENERAL)

111 4th W St, Milan, IL 61264-2417

Value Estimation by Request

4,500 sqft 0.10 AC lot

COMMERCIAL (GENERAL)

503 10th W Ave, Milan, IL 61264-2308

Value Estimation by Request

1,280 sqft 0.51 AC lot

COMMERCIAL (GENERAL)

337 1st W Ave, Milan, IL 61264-2442

Value Estimation by Request

4,038 sqft 2.59 AC lot

COMMERCIAL (GENERAL)

651 10th W Ave, Milan, IL 61264-2307

Value Estimation by Request

1,728 sqft 0.21 AC lot

Milan, IL 61264

VACANT COMMERCIAL LAND

Milan, IL 61264

Value Estimation by Request

0.21 AC lot

COMMERCIAL (GENERAL)

222 10th E Ave, Milan, IL 61264-3120

Value Estimation by Request

1,880 sqft 0.32 AC lot

COMMERCIAL (GENERAL)

6315 74th Ave, Milan, IL 61264

$715,000

Estimated value

7,521 sqft 2.09 AC lot

COMMERCIAL (GENERAL)

121 4th W Ave, Milan, IL 61264-2733

Value Estimation by Request

3,780 sqft 0.17 AC lot

COMMERCIAL (GENERAL)

213 28th W Ave, Milan, IL 61264-3600

Value Estimation by Request

4,800 sqft 0.30 AC lot

Milan, IL 61264

VACANT COMMERCIAL LAND

Milan, IL 61264

Value Estimation by Request

1.39 AC lot

COMMERCIAL (GENERAL)

319 3rd W St, Milan, IL 61264-2453

Value Estimation by Request

0.20 AC lot

COMMERCIAL (GENERAL)

332 2nd W Ave, Milan, IL 61264

Value Estimation by Request

0.78 AC lot

APARTMENT HOUSE (5+ UNITS)

3410 Mdw E Cir, Milan, IL 61264-7604

Value Estimation by Request

0.25 AC lot

COMMERCIAL (GENERAL)

119 4th W St, Milan, IL 61264-2417

Value Estimation by Request

0.03 AC lot

COMMERCIAL (GENERAL)

315 3rd W St, Milan, IL 61264-2453

Value Estimation by Request

0.20 AC lot

COMMERCIAL (GENERAL)

580 1st W St, Milan, IL 61264-2716

Value Estimation by Request

1,440 sqft 0.37 AC lot

Milan, IL 61264

VACANT COMMERCIAL LAND

Milan, IL 61264

Value Estimation by Request

0.21 AC lot

1921 Cobblestone Ln

COMMERCIAL (GENERAL)

1921 Cobblestone Ln, Milan, IL 61264-2615

$2,395,000

Estimated value

108,477 sqft 0.88 AC lot

INDUSTRIAL (GENERAL)

808 8th E St, Milan, IL 61264-3110

$2,975,000

Estimated value

170,666 sqft 4.79 AC lot

INDUSTRIAL (GENERAL)

803 8th E St, Milan, IL 61264-3111

Value Estimation by Request

5.56 AC lot

INDUSTRIAL (GENERAL)

824 8th E St, Milan, IL 61264-3110

$2,400,000

Estimated value

50,250 sqft 2.09 AC lot

Milan, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Milan, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,032 square feet of properties for sale, with an estimated market value of $670,000.

Sale prices for business properties in Milan, IL start at $275,000, averaging $335,000, 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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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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