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Property profile & analytics
OFF-MARKET
Commercial real estate

222 10th E Ave Milan, IL 61264-3120

1,880 SF 0.32 ac lot Built 1950
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US28-1516261
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 multiple tenants or a single owner-user. The building includes a convenient 1.5 car garage. A new roof was installed in 2008, ensuring long-term structural integrity. The asking price is $169,000. This property presents a rare chance to acquire a well-maintained commercial building in a desirable location, ideal for a variety of business ventures. The property's size and zoning make it suitable for a range of uses, offering a strong return on investment for the discerning buyer. Located in Rock Island County, Illinois, with easy access to local amenities and transportation routes, this property is ready for its next chapter.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Construction FRAME
Total area 1,880 SF
Lot 0.32 ac (13,939 SF)
Zoning code MIL
APN 16-25-101-001
UPID US28-1516261
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jeramy D Blackwood · 1 yrs held
Jeramy D Blackwood
since 2025
Last sale
$169,000
1 recorded transaction
2025
$169,000
Zoning & alternative use
MIL · Milan, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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