$167,000

730 2nd Ave E Milan, IL 61264

$1,983
Closing credit¹
Multi-Family

Property details

About 730 2nd Ave E

Great investment opportunity. Good rental history. Quiet location close to some shopping and restaurants Property is in excellent condition. Each unit has been kept extremely clean. Renters take pride in their homes. This is the money maker you were looking for. Rent roll and contracts are available upon request. Call LA if you have questions.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Year built1920
ParkingParking Pad
MLS #QC4260011

Summary

  • Basement: No
  • Parking: Parking Pad
  • Heating: Forced Air, Natural Gas
  • List Price: $167,000
  • Annual Tax Amount: $4,774
  • Tax Year: 2023
  • Lot: Level
  • Year Built: 1920
  • MLS Number: QC4260011
  • MLS Name: RMLSA
  • Office Name: KW 1Advantage
  • Listing Agent: Timothy Odey

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 12:50:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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730 2nd Ave E, Milan, IL 61264 - view of front of property with covered porch

$167,000

730 2nd Ave E

$1,983

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 14, 2020
Home Sold
$155,000
Nov 07, 2019
Home Sold
$60,000
May 26, 2017
Home Sold
$28,667
Oct 22, 2009
Home Sold
$50,000

Tax history

YearAssessmentProperty Tax
2023$50,780$4,774
2022$46,845$4,505
2021$44,361$4,476
2020$43,236$4,385
2019$29,150$2,994
2018$28,804$2,912
2017$28,267$2,658

History based on county public records data.

Nearby schools

3

Thomas Jefferson Elementary School

Public District PK-6

1.2 mi

1307 4th St W

5

Eugene Field Elementary School

Public District KG-6

1.9 mi

2900 31st Ave

6

Earl H Hanson Elementary School

Public District PK-6

2.2 mi

4000 9th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,572. Most Milan, IL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

38%
<35k
52%
35k-100k
9%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
11%
Single, with Kids
21%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

This home is located at 730 2nd Ave E in Milan, IL and zip code 61264. Features: 0 bathroom. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $167,000.

Over 9 listings were sold over their listed price in May 2025 in Milan, IL. In the same period over 6 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Milan, IL increased by 5% between April and May 2025. While the average time on the market in May 2025 was 36 days, the median list price was $175,000.

From Rocket Homes Real Estate and based on county public records data.

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