226 E 1st Avenue, Milan, IL 61264
Rock Island County
Key Facts
Description
Prime Commercial Corner - High Visibility + High Traffic Exceptional opportunity at 226 E 1st Ave in Milan-a .66-acre commercial parcel positioned on one of the area's most traveled corridors. Located directly across from Eriksen Chevrolet, this site benefits from consistent daily traffic and strong surrounding business activity. Zoned commercial and ready for redevelopment, this flat, build-ready lot offers excellent ingress/egress along 1st Avenue-ideal for retail, office, service-based businesses, or a freestanding concept. Utilities are nearby, streamlining development timelines. Strategically positioned with quick access to I-280 and Big Island Parkway, this location provides seamless connectivity across the Quad Cities, drawing from a population base of 80,000+ within a 5-mile radius. Surrounded by established businesses and a mix of residential growth, this is a rare opportunity to secure a highly visible footprint in a proven commercial corridor.
Property Information
Property Type
Land
Lot Size
0.59 acres
Lot Dimensions
194x99x213x114
Ownership
Fee Simple
Zoning
COMMR
Days on Market
33
MLS® Listing#
12642910
Property Features
Lot Features
Utilities
Financial Details
Annual Taxes
$1,776
Tax year 2024
Parcel Number
1624103011
Directions
On E. 1st Ave in Milan across from Eriksen Chevrolet.
Affordability Calculator
$17,980
Estimated monthly payment
$478/mo
Principal $71,920 · Est. interest $100,335 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Milan, IL
- $250,000
- Median Listing Price
- 45
- Median Days on Market
- 1,372
- Median Sq Ft
- $165
- Median Price / Sq Ft
- 19
- Active Listings
- This home’s price is 64% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Milan, IL.
Location
- 226 E 1st Avenue, Milan, IL 61264
Points of Interest in Milan, IL
Showing the Milan area map.
Nearby Schools
Thomas Jefferson Elementary School
Elementary · 1.1 mi away
Horace Mann Early Learning Center
School · 1.5 mi away
Edison Junior High School
Secondary · 1.6 mi away
Immanuel Lutheran Church
School · 1.7 mi away
Earl H Hanson Elementary School
Elementary · 1.7 mi away
Eugene Field Elementary School
Elementary · 1.8 mi away
Jordan Catholic School
School · 1.9 mi away
Jordan Catholic School
Secondary · 1.9 mi away
Ridgewood Elementary School
Elementary · 2.3 mi away
Rock Island High School
Secondary · 2.4 mi away
Frances Willard Elementary School
Elementary · 2.5 mi away
Quad Cities Christian School
Secondary · 2.6 mi away
Hamilton Elementary School
Elementary · 2.7 mi away
Denkmann Elementary School
Elementary · 2.8 mi away
Washington Junior High School
Secondary · 2.8 mi away
Ricms
Elementary · 3.1 mi away
Rock Island Center for Math and Science
School · 3.1 mi away
Skip-A-Long Child Development SVC
School · 3.3 mi away
St Pauls Lutheran School
School · 3.3 mi away
Alleman High School
Secondary · 3.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| Lot 21 52ND Street Court W, Milan, IL | $66,375 | — | — | — |
| Lot 14 52ND Street Court W, Milan, IL | $66,375 | — | — | — |
| Lot 26 110TH Avenue Court W, Milan, IL | $70,425 | — | — | — |
| Lot 15 52ND Street Court W, Milan, IL | $77,175 | — | — | — |
| Lot 25 110TH Avenue Court W, Milan, IL | $77,925 | — | — | — |
| 441 5th Street E, Milan, IL | $82,000 | 2 | 1 | 672 |
Moving Cost Estimate
EXIT Agents in Milan
Listing Courtesy: eXp Realty - (309) 781-4875
Last Updated: 2026-05-08