IL > Milan
Milan, IL 61264,111 W 4TH ST
Milan, IL 61264,111 W 4TH ST
Milan, IL 61264,111 W 4TH ST
Milan, IL 61264,111 W 4TH ST
Milan, IL 61264,111 W 4TH ST
Milan, IL 61264,111 W 4TH ST
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Jimmy Rule

Jimmy Rule

+1(309) 868-1929
Listed by Shawn Langan • NAI Ruhl Commercial Company
$ 449,000
Est. payment | /mo

4,500 SqFt

Save
$ 449,000
Est. payment | /mo
Save

4,500 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $99

MLS Listing ID QC4261833

Originating Board rmlsa

Annual Tax Amount $4,785

Tax Year 2023

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Commercial

Property Description

Located on 1st Street (US-67) in Milan, IL—a major north–south U.S. highway extending 1,560 miles through the Central United States—this mixed-use property offers strong visibility and convenient access to I-280. The offering includes the real estate, operating bar business, all fixtures and equipment, and valuable liquor and gaming licenses. If the purchaser does not hold a gaming and liquor license, the seller is willing to remain involved as the licensing manager, subject to terms of the offer. The main floor is currently operating as Anna's Tap and features recent upgrades including new plumbing, added heat in the rear room, on-site laundry, and a high-definition security system. The upper level consists of a renovated one-bedroom apartment, currently tenant-occupied on a month-to-month basis currently for $450. Gaming is supported through longstanding agreements with J&J Gaming (8 years) and ECS Gaming (5 years) for darts, pool, and jukebox services. This is an ideal opportunity for an owner-operator or investor seeking a well-located, income-producing property with established commercial and residential components.

Location

State IL

County Rock Island

Area Qcara Area

Zoning B-2

Direction W 4th Street Downtown Milan

Interior

Heating Forced Air

Cooling Central Air

Flooring Concrete

Fireplace N

Exterior

View true

Roof Type Membrane

Garage 1

Building

Faces W 4th Street Downtown Milan

Sewer Public Sewer

Water Municipal/City

Structure Type Concrete,Vinyl Siding,Block

Others

Tax ID 16-23-206-006

agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(309) 868-1929

jimmy@yoursummitteam.com

6035 N Knoxville Ave Suite 102A, Peoria, Illinois, 61614, United States

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111 W 4TH ST