1940 1st St W, Milan, IL 61264 Property Records

Rock Island County property record for 1940 1st St W, Milan, IL 61264

Property Summary

Property TypeCommercial
Lot Size0.46 acres (20,038 sqft)
OwnerCompany Name on Record
Last Sale$1,055,000 (May 2019)
Tax Bill$20,322 (2025)
Deeds & MortgagesOct 2023 Mortgage
May 2019 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN16-26-403-065

Property Details

APN / Parcel Number

Primary APN16-26-403-065

Exterior

Construction TypeFrame
Lot Area20,038 sqft (0.46 acres)

Location & Zoning

Street Address1940 1ST ST W
CityMILAN
StateIL
Zip61264-3314
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeMIL
Legal DescriptionS 100 FT OF LOT 106 WINDMILL FARM 2ND ADD
Legal SubdivisionWINDMILL FARM 2ND ADD
Legal Block403
Legal Lot Number106
JurisdictionROCK ISLAND IL
Township / Civil DivisionBLACKHAWK
Census Block Group2
Census Block2040
Census Tract24200

Owner

Source: Rock Island County records, as of June 30, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address1940 1ST ST W, MILAN, IL 61264-3314
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Oct 25, 2023Deed of Trust, Mortgage · Commercial Mortgage
BLACKHAWK BANK & TRUST CO
May 6, 2019Warranty Deed, Transfer · Commercial Mortgage
BLACKHAWK BANK & TRUST CO

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 6, 2019 · Amount on Record
Deed SaleMay 6, 2019 · Amount on Record
Prior SaleOct 1, 2010 · Amount on Record
Deed Document Number20195828
Deed Book / Page2019 / 5828
Record UpdatedOct 29, 2026

October 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionROCK ISLAND IL
Property Address1940 1ST ST W, MILAN, IL 61264-3314
Transaction TypeMortgage
Record UpdatedJun 23, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000013587
DateOct 25, 2023
Instrument2023-13587
Lender
NameBLACKHAWK BANK & TRUST CO
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

May 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionROCK ISLAND IL
Recording DateMay 6, 2019
Property Address1940 1ST ST W, MILAN, IL 61264-3314
Document Number0000005828
Instrument DateApr 12, 2019
Instrument2019-05828
Transaction TypeTransfer
Record UpdatedDec 9, 2021

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,432.50
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1940 1ST ST W, MILAN, IL 61264-3314

Mortgage

Document Number0000005829
DateMay 6, 2019
Instrument2019-05829
Lender
NameBLACKHAWK BANK & TRUST CO
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Rock Island County assessment roll, as of June 23, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyRock Island County
County SubdivisionBlackhawk Township
MunicipalityMilan Village
Unified School DistrictRock Island-Milan School District 41 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$20,322.00 (+14.52%)$226,875 (+6%) Land $37,597 Building $189,278$680,625 (+6%) Land $112,791 Building $567,834
2024$214,033 (+15.99%) Land $35,469 Building $178,564$642,099 (+15.99%) Land $106,407 Building $535,692
2022$17,746.00$184,530 Land $30,580 Building $153,950$553,590 Land $91,740 Building $461,850

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective April 20, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies6 in force
Nearby Flood Claims1 (1983)
Most Recent ClaimJun 1983 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMILAN
serves 4,945 people · EPA ID IL1610400
Water SourceGroundwater
Last State InspectionMay 2025
Lead7 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting3
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 305 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable · Fiber in parts of the area
2,000 / 1,000
T-Mobile
Fixed Wireless
100 / 20

May also be available: Metronet, Nextlink, Verizon.

Nearby Properties on 1st St W

Nearby Streets

Search Property Records by Address or Parcel Number