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Financial
Distress signals
Property profile

1130 15th W Ave Milan, IL 61264

OFF-MARKET
Other industrial properties
Property ID
US28-1255702
16,100 SF 2.96 ac lot Built 2000
Last sale Aug 2021 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 8,000 SF flex property comprises 6,556 SF of industrial warehouse space and 1,444 SF of renovated office space. The warehouse features 18' sidewalls, 400 amp 3-phase power, a 16' x 14' overhead door, a dock-level overhead door, and a floor drain, with mezzanine storage located above the office area. The office portion includes an open work area, three private offices, and two bathrooms, and was updated to support office occupancy. The building is zoned I-1, was built in 2000, and is located in Milan near I-280.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$18k
Tax billed · 2022
Assessed value$188k
Assessed land$29k
Assessed improvement$158k
Effective rate9.62%

Value estimate

· Oct 2026
$440k
$396k – $484k
AI approach$505k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$35/SF
County average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$24 – $47

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MIL
JurisdictionROCK ISLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.1
Law Firm16.3
Auto Repair Shop14.8

Location

1130 15th W Ave Milan, IL 61264-2263
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8 3rd W, Milan, IL 61264-2735 $395,000 Nov 2022 8,000 SF
5 4th W, Milan, IL 61264-2720 $395,000 Nov 2022 7,540 SF
1275 11th W, Milan, IL 61264-2261 $63,000 Sep 2021 22,104 SF
1421 11th W, Milan, IL 61264-2262 $1,400,000 Jul 2021 28,875 SF
1005 11th W, Milan, IL 61264-2244 $700,000 Apr 2021 21,840 SF
232 14th NE, Milan, IL 61264-2630 $600,000 Sep 2019 19,666 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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