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630 W 2nd Ave , Milan, IL 61264 630 2nd Ave W 3,600 SF 100% Leased Retail Building Milan, IL 61264 $360,000 ($100/SF)



Executive Summary
Rare opportunity to acquire a commercial/industrial facility on a prominent corner lot in Milan, Illinois. This approximately 3,600-square-foot brick and steel building sits on nearly 0.4 acres. The fully fenced, all-concrete lot offers exceptional space for fleet parking, equipment staging, or outdoor storage in addition to the building itself. The heated shop features open-truss ceilings, multiple overhead doors, tubular infrared heat, LED lighting, floor drains, and a large water storage tank, ready to support a wide range of service, trade, or industrial operations from day one. The office suite goes well beyond the basics, offering multiple private offices, a dedicated reception area, an employee locker room, a fully equipped break room with cabinetry and stainless appliances, two bathrooms, and a utility/mechanical room. The brick front elevation with a covered entry provides a professional street presence, while the expansive concrete yard wraps around the building with direct access to the shop doors. Located in an established commercial corridor with easy access and strong visibility, this property is purpose-built for an owner-user looking to consolidate office and shop operations under one roof.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,600 SF
Year Built
1950
Price
$360,000
Price Per SF
$100
Percent Leased
100%
Building Height
1 Story
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-23-209-002 | Improvements Assessment | $56,916 |
| Land Assessment | $10,024 | Total Assessment | $66,940 |
Property Taxes
Parcel Number
16-23-209-002
Land Assessment
$10,024
Improvements Assessment
$56,916
Total Assessment
$66,940
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630 W 2nd Ave , Milan, IL 61264 | 630 2nd Ave W
