About This Home

This 0-bedroom, 0-bathroom commercial at 301 E Illinois Ave in Midland, TX is listed for $1,350,000 ($125 per sqft). Built in 1978, the home offers 10,800 sqft of living space on a 0.32 acres lot.

Key Features

  • Built in 1978
  • 0.32 acre lot

Property Details

1978
Listing Description

RARE DOWNTOWN MIDLAND OFFICE. Fully renovated 2023, 10,800 SF freestanding building on a 0.321-acre hard corner at Weatherford & Illinois. For sale $1,350,000 or lease $22.00/SF/YR NNN. Delivered vacant. $715K+ in improvements: sealed concrete floors, black open ceilings, all-new lighting, new rooftop HVAC.

Lobby, assembly room, board room, private offices, full kitchen, storage, updated restrooms. On-site striped parking plus curb parking both streets. 2026 taxes only $2,634/yr. Minutes to Centennial Park and the new Omni and Locklin hotels. Lease whole or demise to suit. C-3; verify use.

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

301 E Illinois Ave

Midland, TX 79705

Original Town

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 301 E Illinois Ave is listed at $1,350,000 ($125/sqft). The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978, 0.32 acre lot.

This property is listed by Andrea Thomas.

AT

Andrea Thomas

Agent at The Real Estate Ranch LLC

Listed by The Real Estate Ranch LLC · Broker phone: 4326888200 · Broker website

MLS# 50098149· Source: Permian Basin Board of Realtors· 50 days on PropertySimple

Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

301 E Illinois Ave, Midland, TX 79705

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