Contact us: 563.441.1776
Description
Two buildings totaling 45,152 sq. ft on 2.76 acres (MOL). The main building is 35,252 SF with 5,280 +/- sq. ft. of office. Recent updates include LED lighting throughout, exterior and interior painting, tuck pointing on the exterior, and new A/C in 2023. Building features 3-phase power, eight (8) 1-3-ton crane systems, 2 docks doors (1 pit), 5-6 offices, 6 restrooms, conference room, storage closets, open bullpen/work area, and breakroom. Building is fully sprinkled, Zoned I-1. 9,900 Sq. Ft. building features an open floor plan with one small office. Updated electrical in early 2025 to add 3 phase power and LED lighting. Heated with radiant ceiling heat, no A/C. (1) 10' overhead door and (1) 12' dock door.
Property Highlights
Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1950
Lot Size: 2.76 acres
General Information
County: Rock Island
Listed By:
Hawkeye Commercial Real Estate
563-344-4295
MRED MLS
MLS ID: QC4268213
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630 4th Street W, Milan, IL 61264.
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563-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,600,000 | $1,600,000 | $1,600,000 |
| Down Payment | $56,000 | $0 | $320,000 |
| Monthly Mortgage Amount | $9,546 | $9,931 | $7,777 |
| Taxes | $2227 | $2227 | $2227 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $960 | $0 | $0 |
| Monthly Estimated Total | $13,200 | $12,625 | $10,471 |
About this area
About Milan
Nestled between the banks of the Mississippi and Rock Rivers, Milan is a small-town community with access to big-city amenities. The streets are quiet, and living is easy for the residents who call this beautiful community home. Milan is also in a prime location—being just 165 miles from Chicago and halfway between Minneapolis and St. Louis—making it the perfect place to experience the Quad Cities region and all that it has to offer. Whether you are riding on a bike path or visiting a park, this town’s recreational activities offer something for everyone!
Milan Home & Community Information
Milan is situated on the Rock River, which is about four miles upstream from its outlet to the Mississippi. The streets are lined with shops, restaurants, pubs, and even a bowling alley! The community is laid back, friendly, and is diverse in both ethnicity and age range.
The north side of town—located in the Rock Island School District—is home to families and young professionals while the south side is more farmland—located in the Sherrard School District. Milan is an ideal place to raise a family and its close proximity to the Quad Cities makes it easy to enjoy an easygoing lifestyle that’s close to big city amenities. The village is ranked #37 of 363 for Suburbs with the Lowest Cost of Living in Illinois. Whether you prefer a smaller city with a tight-knit community or a larger city with more options, you can have both in Milan.
Housing here is abundant and most area residents own their homes. With high average incomes, job opportunities, and a healthy economy, it’s no secret why many people are choosing to move to this diverse and culturally rich area. People feel welcome to live in just about any part of the city, and the overall housing costs, utilities, grocery items, transportation, healthcare facilities, goods and services are significantly lower than the national average.
Employment Opportunities
There is a wide variety of unique and independent small businesses in Milan, such as the Four Seasons clothing stores and the famous Happy Joe’s Pizza & Ice Cream franchise. The Quad cities overall is a great place that offers wonderful job opportunities, and the Iowa side of the region continues to see consistent, economic growth.
Things to Do in Milan
Because Milan borders the Quad Cities, residents have a variety of activities to choose from in not just Milan, but Rock Island, Moline, East Moline, and Davenport as well.
For those who’d like to get on the water, visit Blue Horizon Travel & Yacht Charters for some fun in the sun on the Mississippi. There’s also Hennepin Canal Parkway and the Hennepin Canal State Trail which is an abandoned waterway in northwest Illinois between the Mississippi River at Rock River and the Illinois River. The entire canal is listed on the National Register of Historic Places and runs 104.5 miles in length. Walk, swim, and bike your heart out before heading to Backyard Bowl & Abides Bar & Grill to catch a much-deserved bite and beer.
If you are ready to start your property buying or selling journey, browse the newest homes for sale in Milan, IL. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Moline
1701 52nd Avenue
Moline, IL 61265
(563) 441-1776
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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