NOT LISTED FOR SALE

1920 1st Ave E Milan, IL 61264

Milan Area

Estimated Value: $1,153,238

Studio
-- Bath
28,200 Sq Ft
$41/Sq Ft Est. Value

Sale Details

Date Sold: August 25, 2017

Last sale price $800,000 $28 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,492 / mo

459 Days on Market

About This Home

As of August 2017

28,200 SF multi-use facility. Originally constructed as a Car Dealership. Excellent opportunity to convert to light assembly warehouse or office building. Over 50+ parking spaces available. Motivated seller with new pricing for a quick sale.

Last Agent to Sell the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 03/14/2016

Mel Foster Co. Commercial

Last Buyer's Agent

NON MLS

NON-MLS QCAR License #000.00000

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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $32,307

Year Built

  • Built in 2004

Lot Details

  • 3.04

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System

Property Details

Property Type

Other

Est. Annual Taxes

$32,307

Year Built

Built in 2004

Lot Details

3.04 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Tile/Vinyl
  • Other Access: None
  • Total Building Sq Ft: 28200
  • Estimated Lot Sq Ft: 132422.40

Exterior Features

  • Exterior Finish: Stucco, Aluminum
  • Frontage Access: Paved 2Lane
  • Insulation: Roof
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Garage/Parking

  • Numberparking Spaces Allocated: 50

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas, Radiant/Base

Lot Info

  • Estimated Number of Acres: 3.04
  • Zoning: PUD
  • Geo Subdivision: IL
  • Property Use: Flex Space

Rental Info

  • Owner Pays: N/A
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 32307.44
  • Parcel Id Number Tax Id: 4716
  • Tax Incentive: In City Limit
  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2026
Sold by
Bought by
Current Estimated Value
$1,153,238

Purchase Details

Closed on
Sep 8, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,164,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2016
Closed on
Aug 23, 2017
Sold by
Bought by
Seller's Agent
Thad DenHartog
Mel Foster Co. Commercial
Buyer's Agent
NON MLS
NON-MLS QCAR
List Price
$900,000
Sold Price
$800,000
Premium/Discount to List
-$100,000
-11.11%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Milan, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,600,000 Gomez Title
-- Greystone Title Llc
$800,000 Califf & Harper Pc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $24,164,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $800,000 -11.1% $28 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
03/14/2016 03/14/16 For Sale $900,000 -- $32 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $48,785 $544,619 $77,200 $467,419
2024 $48,785 $513,791 $72,830 $440,961
2023 $47,354 $480,178 $68,065 $412,113
2022 $42,601 $442,969 $62,791 $380,178
2021 $42,327 $419,478 $59,461 $360,017
2020 $41,465 $408,848 $57,954 $350,894
2019 $41,588 $404,800 $57,380 $347,420
2018 $25,886 $256,024 $56,700 $199,324
2017 $23,634 $251,250 $55,643 $195,607
2016 $32,235 $349,316 $55,366 $293,950
2015 $32,307 $347,474 $55,074 $292,400
Source: Public Records

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Map

Source: RMLS Alliance

MLS Number: RMAQC7036820

RMLS Alliance

APN: 17-19-111-002

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