Technical
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Property profile

1275 Anvil Rd Machesney Park, IL 61115

OFF-MARKET
Industrial properties
Property ID
US28-4451209
23,500 SF Built 2006
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased, multi-tenant flex warehouse and office complex totaling 23,500 square feet, strategically located in Machsney Park, Illinois, near the intersection of Hwy 251 and I-39. The property consists of two single-story buildings, built in 2006, featuring eight units currently operating at 100% occupancy. Each unit offers a blend of warehouse and office space, with 12 roll-up doors and a 16-foot clear height, catering to diverse tenant needs. The property's six separate Assessor's Parcel Numbers (APNs) offer the unique potential for future subdivision into up to twelve individual units or sale as separate condominiums, maximizing investment returns. This value-add opportunity is priced at $1,749,000, representing $74.43 per square foot and $218,625 per unit. The property's prime location within the greater Chicagoland area, a major metropolitan area, ensures strong tenant demand and future growth potential. The seller may consider financing options. This is a rare chance to acquire a high-performing asset in a thriving market. The property is zoned L1.

Property profile

Verified
Property type Industrial properties
Year built 2006
Total area 23,500 SF
UPID US28-4451209

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1275 Anvil Rd Machesney Park, IL 61115
Machesney Park metro
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Value estimations

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Owner & transaction history

since 2025
2 recorded transactions
2025
$1.7M
2023
$1.5M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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