Excellent investor opportunity or Live in one and use other three for additional income. Four units all with two bedrooms and single bath. All four units have been completely remodeled. Four stall garage with openers, coin operated laundry, Storage room and workshop. All new windows, newer roof and additional insulation. Hot water heat with individual zones. Air Conditioning. All units consistently rented on 1 year renewing agreements. Great location with Milan park only a short walk. Cash on Cash return: 214,500 purchase 50,000 down 164,500 loan at 3% for 30yrs = $695 per month Yearly cash flow 13,600. 13,600 / 50,000 = 27% return on cash. Call 309-799-3214 or 563-529-2197
Off market
$273,200
350 2nd Ave E, Milan, IL 61264
8beds
3,306sqft
MultiFamily
Built in 1967
-- sqft lot
$273,200 Zestimate®
$83/sqft
$1,056 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Radiant, Gas
Cooling
- Wall
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Carpet, Laminate
Interior area
- Total interior livable area: 3,306 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Detached, Off-street, On-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: City
Lot
- Size: 10,018 sqft
Details
- Parcel number: 1624109002
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1967
Community & neighborhood
Location
- Region: Milan
Services availability

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