Greg Rediger
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Investment opportunity on a spacious corner double lot! This 4-bedroom, 2-bath home offers strong upside potential for investors, flippers, or buyers looking to build equity. The layout includes a main level with a spacious living area, two bedrooms, full bath, kitchen, and mudroom with laundry, plus two additional bedrooms, a second full bath, and a bonus room upstairs. The property also features an enclosed front porch, back deck, large yard with fire pit, and a 2-car garage-adding to its long-term value and appeal. Property condition: A water leak occurred in the upstairs bathroom on 12/19/25 while the home was vacant, resulting in water traveling through the home and collecting in the basement. Werner Restoration completed mitigation; however, the property has remaining damage to walls, flooring, plumbing, electrical, and potentially mechanical systems. Being sold as-is. Excellent opportunity for renovation, rental portfolio addition, or resale project with solid after-repair potential.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,302
Garage Size: 2
Built in 1920
School District: District 41
General Information
Bedrooms: 4
Bathrooms: 2
Sqft: 1,302
County: Rock Island
Listed By:
EXIT Realty Fireside
563-549-7860
MRED MLS
MLS ID: 12621218
Room Information
Bonus Room: 7X7
Enclosed Porch: 14X5
Bonus Room: 11X15
Bedroom 2: 9X12
Bedroom 3: 12X12
Bedroom 4: 9X9
Dining Room: 11X15
Family Room: 12X12
Kitchen: 14X13
Laundry: 10X7
Primary Bedroom: 11X13
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604 W 2nd Avenue , Milan, IL 61264.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $59,900 | $59,900 | $59,900 |
| Down Payment | $11,980 | $2,097 | $14,975 |
| Monthly Mortgage Amount | $280 | $353 | $364 |
| Taxes | $83 | $83 | $83 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $26 | $0 |
| Monthly Estimated Total | $463 | $562 | $547 |
About this area
About Milan
Nestled between the banks of the Mississippi and Rock Rivers, Milan is a small-town community with access to big-city amenities. The streets are quiet, and living is easy for the residents who call this beautiful community home. Milan is also in a prime location—being just 165 miles from Chicago and halfway between Minneapolis and St. Louis—making it the perfect place to experience the Quad Cities region and all that it has to offer. Whether you are riding on a bike path or visiting a park, this town’s recreational activities offer something for everyone!
Milan Home & Community Information
Milan is situated on the Rock River, which is about four miles upstream from its outlet to the Mississippi. The streets are lined with shops, restaurants, pubs, and even a bowling alley! The community is laid back, friendly, and is diverse in both ethnicity and age range.
The north side of town—located in the Rock Island School District—is home to families and young professionals while the south side is more farmland—located in the Sherrard School District. Milan is an ideal place to raise a family and its close proximity to the Quad Cities makes it easy to enjoy an easygoing lifestyle that’s close to big city amenities. The village is ranked #37 of 363 for Suburbs with the Lowest Cost of Living in Illinois. Whether you prefer a smaller city with a tight-knit community or a larger city with more options, you can have both in Milan.
Housing here is abundant and most area residents own their homes. With high average incomes, job opportunities, and a healthy economy, it’s no secret why many people are choosing to move to this diverse and culturally rich area. People feel welcome to live in just about any part of the city, and the overall housing costs, utilities, grocery items, transportation, healthcare facilities, goods and services are significantly lower than the national average.
Employment Opportunities
There is a wide variety of unique and independent small businesses in Milan, such as the Four Seasons clothing stores and the famous Happy Joe’s Pizza & Ice Cream franchise. The Quad cities overall is a great place that offers wonderful job opportunities, and the Iowa side of the region continues to see consistent, economic growth.
Things to Do in Milan
Because Milan borders the Quad Cities, residents have a variety of activities to choose from in not just Milan, but Rock Island, Moline, East Moline, and Davenport as well.
For those who’d like to get on the water, visit Blue Horizon Travel & Yacht Charters for some fun in the sun on the Mississippi. There’s also Hennepin Canal Parkway and the Hennepin Canal State Trail which is an abandoned waterway in northwest Illinois between the Mississippi River at Rock River and the Illinois River. The entire canal is listed on the National Register of Historic Places and runs 104.5 miles in length. Walk, swim, and bike your heart out before heading to Backyard Bowl & Abides Bar & Grill to catch a much-deserved bite and beer.
If you are ready to start your property buying or selling journey, browse the newest homes for sale in Milan, IL. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Moline
1701 52nd Avenue
Moline, IL 61265
(563) 441-1776
Greg Rediger
REALTOR®
CRS
Office: (563) 441-5050
Cell: (563) 940-5050
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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