Milan, IL Commercial Real Estate for Lease and Sale

Explore 15 listings of Milan commercial real estate to find the best space for your business.

Scooter's Coffee

2008 Deere Dr. , Milan, IL
Property

Retail

600 SF
Year Built

2023
For Sale

$1,100,000
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Gaslite Square Plaza

305 10th Ave W , Milan, IL
Property

Retail

10,790 SF
Year Built

1977
For Sale

$1,463,624
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201 10th Ave W

201 10th Ave W, Milan, IL
Property

Retail
Availability

1 Space

444 SF
For Lease Contact for pricing
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910 W 10th Ave

910 W 10th Ave, Milan, IL
Property

Industrial

53,156 SF
Availability

1 Space

20,500 SF
Year Built

1966
For Lease

$4.00/SF/YR
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2010 Deere Drive

2010 Deere Drive, Milan, IL
Property

Retail

7,000 SF
Availability

1 Space

1,436 SF
Year Built

2022
For Lease

$26.00/SF/YR
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1305 11th Street W

1305 11th Street W, Milan, IL
Property

Industrial

24,960 SF
Availability

3 Spaces

49,920 SF
Year Built

1994
For Lease

$3.95 - $6.95/SF/YR
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222 10th Ave E

222 10th Ave E, Milan, IL
Property

Office

1,880 SF
Year Built

1950
For Sale

$169,000
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3055 38th St

3055 38th St, Saukie, Rock Island, IL
Property

Retail

1,205 SF
For Sale

$229,000
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612 35th Avenue

612 35th Avenue, Karstens - City Line, Moline, IL
Property

Other

6,225 SF
For Sale

$900,000
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603 39th Ave

603 39th Ave, Rock Riverfront, Rock Island, IL
Property

Industrial

3,780 SF
For Sale

$149,000
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0 45th Street Court

0 45th Street Court Lot 4, Saukie, Rock Island, IL
Property

Other

0.87 Acre
For Sale Contact for pricing
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4703-4711 44th Street

4703-4711 44th Street, Saukie, Rock Island, IL
Property

Office

43,200 SF
For Sale

$3,300,000
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422 24th St, Rock Island

422 24th St, Downtown Rock Island, Rock Island, IL
Property

Other

1,780 SF
For Sale

$289,000
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3424 18th Avenue, Rock Island, IL

3424 18th Avenue, East Central Rock Island, Rock Island, IL
Property

Office

2,795 SF
For Sale Contact for pricing
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526 40th Street

526 40th Street, Keystone, Rock Island, IL
Property

Other

0.16 Acre
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Milan commercial real estate market incorporates 1,880 square feet of office space across 1 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Milan commercial real estate market includes 18,390 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Milan market, there is a total of 78,116 square feet of industrial property.

The listing inventory in Milan incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Milan is represented by Industrial space, which accounts for 70,420 square feet of available listings. Retail space available in Milan adds up to 1,880 square feet.

Meanwhile, most of the listings of commercial property for sale in Milan are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Milan, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $6.95 per square foot.

The average size of a commercial property in Milan depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Milan, the average size of an office property is 1,880 square feet.
Retail properties here incorporate an average of 6,130 square feet.
Industrial space in Milan is in buildings that are, on average 39,058 square feet in size.

Milan, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Milan currently add up to 72,300 square feet. Local retail availability includes 1,880 square feet across 2 retail space(s). Industrial space for rent opportunities in Milan amount to 70,420 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Retail	2	1,880
Industrial	2	70,420

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Milan, IL. Currently, there is 11,390 square feet of commercial property for sale here , which includes , 2 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	2	11,390

Milan, IL Commercial Real Estate for Lease and Sale

Scooter's Coffee

Gaslite Square Plaza

201 10th Ave W

910 W 10th Ave

2010 Deere Drive

1305 11th Street W

222 10th Ave E

3055 38th St

612 35th Avenue

603 39th Ave

0 45th Street Court

4703-4711 44th Street

422 24th St, Rock Island

3424 18th Avenue, Rock Island, IL

526 40th Street

Frequently Asked Questions

Milan, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Milan, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Milan, IL?

What factors affect the price of commercial real estate in Milan, IL?

What are the best areas for commercial real estate in Milan, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Milan, IL?

Milan, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us