312 3rd St W, Milan, IL 61264 Property Records

Rock Island County property record for 312 3rd St W, Milan, IL 61264

Property Summary

Property Type	Commercial
Details	1,180 sqft · built 1960
Lot Size	0.2 acres (8,712 sqft)
Owner	Company Name on File
Last Sale	$85,000 (May 2022)
Tax Bill	$4,077 (2025)
Deeds & Mortgages	Oct 2022 Mortgage May 2022 Sale
Flood Zone	Zone X (reduced by levee)
APN	`16-23-218-010`

Property Details

APN / Parcel Number

Primary APN	`16-23-218-010`

Interior

Stories	1 Story
Building Area	1,180 sqft Total Area

Exterior

Year Built	Built 1960
Effective Year Built	Effective 1960
Construction Type	Frame
Lot Area	8,712 sqft (0.2 acres)

Location & Zoning

Street Address	312 3RD ST W
City	MILAN
State	IL
Zip	61264-2452
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	MIL
Legal Description	LOT 12 BLOCK 2 DICKSON AND YOUNGS ADD TO MILAN
Legal Subdivision	DICKSON AND YOUNGS ADD
Legal Block	2
Legal Lot Number	12
Jurisdiction	ROCK ISLAND IL
Township / Civil Division	BLACKHAWK
Census Block Group	2
Census Block	2096
Census Tract	24300

Owner

312 3rd St W, a commercial property, is owned by a company that bought it in May 2022.

Source: Rock Island County records, as of June 23, 2026

Owner of Record	Company Name on File
Mailing Address	16 WATCH HILL RD, ROCK ISLAND, IL 61201-6143
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 25, 2022	Deed of Trust, Mortgage · Commercial Mortgage BARKORION
May 25, 2022	Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 25, 2022 · Amount on File
Deed Sale	May 25, 2022 · Amount on File
Prior Sale	Mar 7, 2019 · Amount on File
Deed Document Number	20228653
Prior Transfer Date	May 7, 2021
Prior Transfer Doc	0000010182
Record Updated	Oct 29, 2026

October 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ROCK ISLAND IL
Property Address	312 3RD ST W, MILAN, IL 61264-2452
Transaction Type	Mortgage
Record Updated	Mar 7, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000017245
Date	Oct 25, 2022
Instrument	2022-17245

Lender

Name	BARKORION
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	60 Months
Due	Oct 15, 2027

Interest

Rate Type	Fixed Rate

May 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	ROCK ISLAND IL
Recording Date	May 25, 2022
Property Address	312 3RD ST W, MILAN, IL 61264-2452
Document Number	0000008653
Instrument Date	May 24, 2022
Instrument	2022-08653
Transaction Type	Transfer
Record Updated	Mar 7, 2023

Transaction

Amount	Amount on Record
Tax	$127.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9321 114TH ST, COAL VALLEY, IL 61240-9501

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	16 WATCH HILL RD, ROCK ISLAND, IL 61201-6143

Tax Assessment & Valuation

The 2025 property tax bill for 312 3rd St W was $4,077.

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

Property Jurisdictions

Type	Name
State	Illinois
County	Rock Island County
County Subdivision	Blackhawk Township
Municipality	Milan Village
Unified School District	Rock Island-Milan School District 41 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,077.00	$45,523 (+6%) Land $14,528 Building $30,995	$136,569 (+6%) Land $43,584 Building $92,985
2024		$42,947 Land $13,706 Building $29,241	$128,841 Land $41,118 Building $87,723
2022	$3,560.00	$37,026 Land $11,816 Building $25,210	$111,078 Land $35,448 Building $75,630

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

FEMA maps place 312 3rd St W in Zone X, where a levee reduces flood risk, though there have been 48 flood claims nearby since 1979.

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

FEMA Flood Zone	Zone X reduced by levee · depends on levee performance
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 14 policies
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	14 in force
Nearby Flood Claims	48 (1979–2024)
Claims Outside the SFHA	5 of 48
Most Recent Claim	Jul 2024 · rainfall accumulation
Claims by Event	Severe Storms And Flooding, May 2019 · 12 claims Flooding, May 2001 · 5 claims Severe Storms & Flooding, Jul 1993 · 8 claims

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

The area around 312 3rd St W has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not rated no burnable land within 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 System	MILAN serves 4,945 people · EPA ID IL1610400
Water Source	Groundwater
Last State Inspection	May 2025
Lead	7 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	3 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 132 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Geneseo Communications Services Fiber	1,000 / 1,000
Mediacom Xtream Cable	1,000 / 50
Verizon Fixed Wireless	300 / 20

May also be available: T-Mobile.

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