Financial
Distress signals
Property profile

222 10th E Ave Milan, IL 61264

OFF-MARKET
Commercial real estate
Property ID
US28-1516261
1,880 SF 0.32 ac lot Built 1950
Last sale Jan 2025 · $169,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Investor or owner-user opportunity awaits at 222 10th Avenue East in Milan, Illinois. This versatile commercial property boasts a 1,880 square foot building situated on a spacious 12,760 square foot lot. The single-story, Class B building, constructed in 1950, features durable block construction with an attractive brick facade. The property is zoned for commercial use and offers significant flexibility. Previously used as a chiropractic office, the layout is easily adaptable to accommodate

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value$43k
Assessed land$12k
Assessed improvement$31k
Effective rate9.62%

Value estimate

· Sep 2026
$160k
$144k – $176k
AI approach$145k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$59/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$31 – $84
Qualifying comparables9

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 agency21.9
Dental Office16.6
Law Firm15.9

Location

222 10th E Ave Milan, IL 61264-3120
County assessor Recorded deeds · 1 transfer 9 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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