226 E 1st Avenue

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226 E 1st Avenue

Milan, IL 61264
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel covers 0.59 acres of land in Milan
  • Asset is currently available for purchase by investors
  • Property is located in the accessible Quad Cities region
  • Site supports diverse development for commercial business use
  • Location provides proximity to major regional transportation infrastructure

What's Special

For sale, this 0.59-acre parcel of land in Milan, Illinois, presents a strategic acquisition for investors or developers seeking a versatile development site. Situated within the Quad Cities region, this area benefits from a robust regional economy supported by manufacturing, logistics, and healthcare sectors. The property offers proximity to key transportation infrastructure, including major highways that facilitate efficient access throughout the Midwest. This site serves as a practical selection for various commercial applications, providing the necessary space to execute custom development projects tailored to the needs of the growing local business community. With the surrounding area experiencing steady commercial interest, this land represents a foundational asset for those looking to establish a presence in this accessible suburban market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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