201 E Illinois Ave Midland, TX ^$ 3,800,000

201 E Illinois Ave

^$ 3,800,000

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201 E Illinois Ave

Midland, TX, 79701

^$ 3,800,000

Bedrooms-- Baths-- Sq 30,396

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Property for Rent in Midland, TX

for $3,800,000. This 30,396 square foot property was built in 1960 on a lot size of 1.98.

A RARE OPPORTUNITY TO OWN A PIECE OF MIDLAND'S HISTORY! THIS EXPANSIVE FORMER MIDLAND REPORTER-TELEGRAM BUILDING OFFERS ENDLESS POTENTIAL FOR REDEVELOPMENT OR ADAPTIVE REUSE. THE PROPERTY FEATURES GENEROUS SQUARE FOOTAGE, OPEN FLOOR PLAN AND SOLID INDUSTRIAL BONES - IDEAL FOR CREATIVE OFFICE SPACE, RETAIL, WAREHOUSE CONVERSION, EVENT VENUE OR MIXED-USE REDEVELOPMENT. THE SITE PROVIDES AMPLE PARKING., PLUS EASY ACCESS TO MAJOR THOROUGHFARES IN THE HEART OF MIDLAND. WITH ITS LEGACY AS A CORNERSTONE OF THE COMMUNITY AND ITS FLEXIBLE LAYOUT, THIS PROPERTY IS A BLANK CANVAS READY TO BE TRANSFORMED.

Rental Active

Price

^$ 3,800,000

Taxes

^$ 0

Style

Commercial

Lot Size

1.98

Year Built

1960

Town/City

Midland

County/Region

Midland

MLS | Web ID

50085598

Features

Interior

Interior Amenities Ceiling Height: Less than 20 ft

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

General

Sewer Public Sewer

Utilities Cable Available Electricity Connected Sewer Connected Water Connected Natural Gas Available

Roof Flat Gutters/Down Spout

Gas Y/N Individual Gas Meter

Construction Materials Brick Block Metal Siding

Year Built 1960

Electric Individual Electric Meter Three Phase

Levels Two

Property Subtype Commercial

Parcel Number R000035111 R000225624

Building Name MIDLAND REPORTER TELEGRAM

Accessibility Handicap Accessible

County Midland

New Construction N

Property Type Commercial Sale

HOA N

Attached Garage N

Subdivision Name Original Town

Garage Y/N N

Building Features Meeting Room

Status Active

Directions GPS FRIENDLY

City Midland

MLS Area MF2

Lot Size Units Acres

Lot Size Square Feet 86248.8

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 0

Showing Instructions Call Listing Office Special Instructions

Rent Control Y/N N

Building Area Units Square Feet

Lease Type N/A

Living Area Units Square Feet

Standard Status Active

Occupancy Type Vacant

Legal Description SEE EXHIBITS A & B

Freehold BBO IDX

Exterior

Parking Features Paved

Lot Features Landscaped Sprinkler System

Water Source Individual Water Meter Public

Lot Size Area 1.98

Foundation Details Basement

Spa N

Building Area Total 30396

Lot Size Acres 1.98

Road Surface Type Paved

Road Frontage Type City Street Alley Sidewalks

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

Maven Real Estate Group

Broker

(432) 215-8085

Phone

Nearby

Trends
Schools

About Midland, TX

132,228 Population

36% Since 2002

^$73,751 Median Income

34.79 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1795957 Elementary School

1795677 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/26/2025	$3,800,000		Listed Price

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201 E Illinois Ave, Midland, TX, 79701 is a Property for Rent at $3,800,000 with 30,396 sqft and a lot size of 1.98. 201 E Illinois Ave was built in 1960. The property's zip code is 79701 which is in Midland, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Permian Basin Board of Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Permian Basin Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/1/2026.

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201 E Illinois Ave

Property for Rent in Midland, TX

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