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Manufacturing Facility with Crane Systems
For Sale
$1,600,000

630 4th St W, Milan, IL 61264

Two-building manufacturing property with upgraded electrical, office space, crane systems, and dock access.

Property Size45,152 SF
Lot Size2.76 Acres
Price / SF$35.44
Days on Market9

Property Features for 630 4th St W

General Information

Standard status Active
Size 45,152 SF
Lot size 2.76 Acres
Zoning I-1

Warehouse & Industrial

Office Build-Out 5,280 SF
Dock-High Doors 3
Sprinkler System Yes

Amenities

conference room
breakroom

Building Details

Year Built 1950
Buildings 2
Building Size 45,152 SF
Listing Agency: Hawkeye Commercial Real Estate
Listed By: Shawn Stuenkel · License #S67977000/475.189483
Source: Liveliferealty
Added: Aug 22 Changed: Aug 29 Last Checked: Aug 29 at 1:41PM

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 Hawkeye Commercial Real Estate

Investment Insights

Based on property information with market context.

This 45,152-square-foot manufacturing property includes two buildings on 2.76 acres (MOL). The primary 35,252-square-foot building contains approximately 5,280 square feet of office area, five to six offices, six restrooms, a conference room, storage closets, an open bullpen/work area, and a breakroom. Improvements include LED lighting, interior and exterior painting, exterior tuck pointing, and new A/C installed in 2023. The building has 3-phase power, eight 1-3-ton crane systems, two dock doors including one pit dock, and full sprinkler coverage. It is zoned I-1.

The second building measures 9,900 square feet and offers an open layout with one small office. Its electrical system was updated in early 2025 to add 3-phase power and LED lighting. Radiant ceiling heat serves this building, which does not have A/C; access includes one 10' overhead door and one 12' dock door. The property was built in 1950 and is located at 630 4th St W in Milan, Illinois.

Key Highlights

  • 45,152 SF across two buildings on 2.76 acres (MOL)
  • 35,252 SF main building with approximately 5,280 +/- SF of office space
  • 3‑phase power and eight (8) 1‑3‑ton crane systems

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Garden Center Auto Parts Store Furniture & Home Goods

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

3
Dock-high doors
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby

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

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?
Manufacturing property - Two-building manufacturing property with upgraded electrical, office space, crane systems, and dock access.
Where is this manufacturing property located?
The property is located at 630 4th St W Milan, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 45,152 SF across two buildings on 2.76 acres (MOL); 35,252 SF main building with approximately 5,280 +/- SF of office space; 3‑phase power and eight (8) 1‑3‑ton crane systems
More about this property
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