NOT LISTED FOR SALE

534 1st St W Milan, IL 61264

Milan Area
Studio
1 Bath
1,620 Sq Ft
0.39 Acre Lot

About This Home

As of February 2021

1,050 SF office space for lease in a multi-tenant building. Take advantage of this property located on a busy road through Milan with plenty of visibility and ease of access! Please give a 24 hour notice to LA for showings. This office space is leased through the end of January 2021.

Last Agent to Rent the Property

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 12/21/2020

NAI Ruhl Commercial Company

Co-Listed By

Pete Hadjis

NAI Ruhl Commercial Company License #S67761000/475.188914

Last Renter's Agent

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 12/21/2020

NAI Ruhl Commercial Company
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Property Details

Property Type

  • Other

Year Built

  • 1940

Lot Details

  • 0.39

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, water/sewer

Property Details

Property Type

Other

Year Built

1940

Lot Details

0.39 Acres

Rental Info

  • Monthly Lease Rate: 800
  • Lease Dollar Sq Ft: 1.31
  • Lease Type: Gross
  • Owner Pays: N/A
  • Tenant Pays: Electric, Water/Sewer
  • Terms Lease: 3 Years, 4 Years, 5 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 12/23/2020
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1940

Interior Features

  • Flooring: Concrete
  • Other Access: None
  • Total Building Sq Ft: 6856
  • Estimated Lot Sq Ft: 17293

Exterior Features

  • Exterior Finish: Brick, Concrete
  • Frontage Access: Paved 4Lane
  • Insulation: Side Walls
  • Roof Construction: Flat
  • Wall Construction: Brick, Frame

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.39
  • Zoning: C
  • Geo Subdivision: IL
  • Property Use: Office Building

Tax Info

  • Annual Taxes: 5392
  • Parcel Id Number Tax Id: 11-998
  • Tax Incentive: Other Tax Incentive
  • Tax Year: 2019

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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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
02/19/2021 02/19/21 Rented $28,800 0.0% --
01/27/2021 01/27/21 Under Contract -- -- --
12/21/2020 12/21/20 For Rent $28,800 +29.7% --
08/31/2020 08/31/20 Rented $22,200 0.0% --
08/25/2020 08/25/20 Under Contract -- -- --
11/01/2019 11/01/19 For Rent $22,200 -- --
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 $6,326 $70,622 $45,607 $25,015
2024 $6,326 $66,624 $43,025 $23,599
2023 $6,140 $62,265 $40,210 $22,055
2022 $5,524 $57,440 $37,094 $20,346
2021 $5,489 $54,394 $35,127 $19,267
2020 $5,377 $53,016 $34,237 $18,779
2019 $5,393 $52,491 $33,898 $18,593
2018 $5,244 $51,869 $33,496 $18,373
2017 $4,788 $50,901 $32,871 $18,030
2016 $4,674 $50,647 $32,707 $17,940
2015 $9,044 $97,272 $32,535 $64,737
2014 -- $95,178 $31,835 $63,343
2013 -- $95,178 $31,835 $63,343
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4217780

RMLS Alliance

APN: 16-23-407-016

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