350 2nd Ave E, Milan, IL 61264
Property image
Property image
OFF MARKET

350 2nd Ave E
Milan, IL 61264

  • 8 Beds
  • 4 Baths
  • 3,306 sqft

$276,800

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $2,051/mo*

$276,800

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $2,051/mo*
8 Beds
4 Baths
3,306 sqft

Home Value

Trulia Estimate
$277K
Since last month
Increased$1K (+0.5%)
Since last year
Increased$4K (+1.6%)
Since last sale
Increased$69K (+33.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +49% in the last 10 years
MonthEstimated value
2026
August 2026$276K
July 2026$275K
June 2026$280K
May 2026$276K
April 2026$284K
March 2026$272K
February 2026$269K
January 2026$266K
2025
2024
2023
2022
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.45
Multi-Family Home
$170,000
09/29/25
-
1,467
1.29
Multi-Family Home
$630,000
10/01/25
9
8
3,295
1.76
Multi-Family Home
$90,000
12/30/25
3
1,963
2.74
Multi-Family Home
$246,200
11/03/25
4
4
3,412
2.58
Multi-Family Home
$169,900
01/16/26
4
2
2,650
2.40
Multi-Family Home
$67,500
04/09/26
1
4
2,026
2.40
Multi-Family Home
$141,730
08/21/26
4
2
-
3.40
Multi-Family Home
$190,000
06/15/26
6
2
3,120
2.57
Multi-Family Home
$72,000
12/29/25
2
1,965
2.37
Multi-Family Home
$140,000
05/06/26
5
3
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$138,000
3
1
912
Recently Sold
0.07
$40,000
-
-
-
For Sale
0.07
$117,000
3
1
1,176
Recently Sold
0.09
$160,000
4
1
1,015
Off Market
0.09
$51,000
2
1
1,344
Recently Sold
0.10
$143,000
4
2
2,022
Off Market
0.11
$94,600
2
1
760
Off Market
0.13
$96,100
2
1
672
Off Market
0.15
$89,900
-
-
-
For Sale
0.19
$107,400
2
1
788
Off Market
0.19
$103,400
2
1
762
Off Market
0.20
$90,000
2
1
759
For Sale

Local Information

  • Map ViewExplore the area around 350 2nd Ave E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1967
Living Area
3,306 sqft
Price/Sqft
$84
Parking
Garage

About this House

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
350 2nd Ave E, Milan, IL 61264 is a 8 bedroom, 4 bathroom, 3,306 sqft multi-family built in 1967. It last sold for $207,000 on Feb 26, 2021. It is currently off market. The Trulia Estimate is $276,800, with a rent estimate of $1,033/month.

Home Details for 350 2nd Ave E

Interior Features

Heating & Cooling
Heating: Radiant, GasAir ConditioningCooling System: WallHeating Fuel: Radiant
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Laminate
Appliances & Utilities
DishwasherDisposalRefrigerator

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Brick
Parking & Garage
GarageParking Spaces: 4Parking: Garage Detached, Off Street, On Street

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 4

Lot Information

Lot Area: 10018 sqft

Price and Tax history

DateEventPrice
Feb 26, 2021
Source: N/A
Sold
$207,000
Jan 6, 2021
Source: N/A
Pending
$214,500
Dec 1, 2020
Source: N/A
PriceChange
$214,500
Price decreased by 2%
Sep 28, 2020
Source: N/A
Listed For Sale
$219,500
Mar 31, 2020
Source: N/A
ListingRemoved
$218,500

Market trends in Milan

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
24
2
MoM

What Locals Say about Milan

At least 20 Trulia users voted on each feature.
  • 90 % Say it's dog friendly

  • 88 % Say yards are well-kept

  • 82 % Say kids play outside

  • 80 % Say parking is easy

  • 75 % Say there's wildlife

  • 68 % Say car is needed

  • 67 % Say there's holiday spirit

  • 67 % Say there are sidewalks

  • 60 % Say people would walk alone at night

  • 52 % Say neighbors are friendly

  • 50 % Say it's walkable to restaurants

  • 50 % Say it's walkable to grocery stores

  • 50 % Say streets are well-lit

  • 43 % Say it's quiet

  • 41 % Say they plan to stay for at least 5 years

  • 12 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kristina P.
    "5 min or less from everything you need. Grocery, pharmacy, bus, restaurants and entertainment. Everything is within biking or a short drive. "
  • Jdodd0809
    "Did owners would not like the close proximity to a very busy highway. It would be necessary for a homeowner to install a pet fence for their dogs safety outside "
  • Skyler B.
    "Everyone in the neighborhood are all into different things and hobbies. Like being close with neighbors it makes life fun. "
  • Jenny D.
    "Small park nearby, lots of kids to play with. Walking distance to elementary school, good little school. Many master teachers. "

LGBTQ Local Legal Protections

Frequently asked questions about 350 2nd Ave E

  • What is 350 2nd Ave E estimated to be worth?
    Trulia's estimated value for 350 2nd Ave E in Milan, IL is $276,800.
  • What is the price history for 350 2nd Ave E?
    350 2nd Ave E in Milan, IL last sold for $207,000 in February 2021.
  • Is Milan a buyer's or seller's market?
    Milan is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Milan?
    Residents describe Milan, IL as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Milan, IL.
  • Does 350 2nd Ave E have air conditioning?
    Yes, 350 2nd Ave E in Milan, IL has air conditioning.

Apartments for Rent

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Off Market Homes Near 350 2nd Ave E

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