910 10th W Ave Milan, IL 61264-2221
This exceptional 20,500-square-foot industrial warehouse presents a significant opportunity for businesses seeking versatile space in a prime location. The property, identified by APN 16-26-103-001, is zoned I-1 and features a single-tenant occupancy within a single building. The warehouse boasts multiple drive-in doors, offering convenient access for loading and unloading. Ceiling heights range from 12 to 14 feet and 20 to 22 feet, providing ample vertical space for various operational needs. Significant parking is available, with a total of 50 spaces accommodating employees and visitors. Beyond the building itself, substantial yard space is also included, offering additional storage or maneuvering room. This property is ideal for a variety of industrial uses, benefiting from its convenient location and functional design. The property is classified as Land, Industrial, with subtypes of Commercial, Warehouse, and Flex, making it suitable for a range of businesses. The single-building structure simplifies management and provides a cohesive operational environment. This is a rare opportunity to acquire a well-maintained and strategically located industrial property. The ample parking and yard space are key advantages, providing flexibility and convenience for operations. The property's zoning designation (I-1) should be verified with the relevant authorities to ensure compliance with intended use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
MIL · Milan, ILMilan. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.