Realmo Analytics

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Property profile

222 10th E Ave Milan, IL 61264

OFF-MARKET
Other 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

A freestanding conventional restaurant building located at 222 10th Avenue W in Milan, Illinois, fronting 10th Avenue W near its intersection with Illinois Route 67. The property is positioned along major roadways, with reported traffic volumes of approximately 11,930 vehicles per day on 10th Avenue W, approximately 10,187 vehicles per day on Illinois Route 67, and approximately 16,467 vehicles per day on Interstate 280 to the north via Illinois Route 67. The building was previously operated…

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

Value estimate

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

Realmo valuation models over county records and 12 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 comparables12

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 12 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
651 10th W, Milan, IL 61264-2307 $118,000 Jul 2025 1,728 SF
580 1st W, Milan, IL 61264-2716 $208,000 Jul 2024 1,440 SF
313 1st E, Milan, IL 61264-2510 $220,000 Jan 2024 2,240 SF
432 1st W, Milan, IL 61264-2406 $220,000 May 2023 1,534 SF
659 10th W, Milan, IL 61264-2307 $150,000 Mar 2023 1,784 SF
127 4th W, Milan, IL 61264-2417 $70,000 Dec 2022 2,262 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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