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Investment Highlights

  • 1,584 SF Office Building – Vacant & Ready for Immediate Occupancy
  • Affordable Owner-User or Investment Opportunity
  • Reception Area, Multiple Private Offices, Kitchen & 2 Restrooms

Executive Summary

Excellent opportunity to own a commercial office property in Milan, Illinois. This vacant building offers a flexible layout with potential for a variety of professional, administrative, or service-based uses.
2 bathrooms
Reception area
Kitchen
Multiple private offices
Rear entrance/exit
Small parking lot
Solid brick construction
B-2 zoning
With the property currently vacant, a new owner can take possession immediately and customize the space to fit their business needs. This could be a great opportunity for an owner-user looking to purchase instead of lease, or an investor seeking an affordable commercial property to reposition and lease.
Convenient Milan location with access to the surrounding Quad Cities area. Property is being sold as-is. Buyer to independently verify zoning, permitted uses, square footage, measurements, condition, and all other property information.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,584 SF
Year Built
1947
Price
$99,900
Price Per SF
$63.07
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,584 SF
Zoning
B2 - Property Class 0060 - Improved Commercial
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 42054222

  • Date on Market: 9/4/2026

  • Last Updated:

  • Address: 124 3rd Ave W, Milan, IL 61264

Contact the Sale Advisor

124 3rd Ave W

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