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Retail Space with Building Signage
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1515 West Lane Rd, Machesney Park, IL 61115

Retail space offering building signage and access to local and commuter traffic.

Space Size5,463 SF
Days on Market152

Property Features for 1515 West Lane Rd

General Information

Standard status Active
Size 5,463 SF
Total Parking Spaces 30
Property subtype Retail, Office, Restaurant

Site & Location

Highway Access Yes
Road Access Yes

Amenities

building signage

Building Details

Building Size 5,463 SF
Year Built 2005
Tenancy Single

Spaces For Lease

at 1515 West Lane Rd Contact us

Available Space

Size
5,463 SF
Type
Office, Restaurant, Retail
Availability
Active
Contact us
Listing Agency: First Midwest Group
Listed By: Bharat Puri · License #IL
Source: Crexi
Added: Apr 2 Changed: Aug 30 Last Checked: Aug 30 at 12:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Midwest Group

Investment Insights

Based on property information with market context.

Built in 2005, this retail space is positioned at the intersection of IL Route 173 and Highway 251 in Machesney Park. Available building signage supports clear identification for occupants along the surrounding retail corridor.

The property is approximately 3 miles from I-90, providing access between local destinations and regional routes. The intersection records more than 40,000 vehicles daily, including local and commuter traffic, and the site is located at 1515 West Lane Rd.

Key Highlights

  • More than 40,000 vehicles pass the IL Route 173 and Highway 251 intersection daily
  • Approximately 3 miles from I‑90
  • Building signage is available

Property Analytics

Current Use

Illinois Bank & Trust, ... Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Grocery & Convenience Store Accounting Firm Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby
719k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 25% Shops & Services 22% Apparel 20% Superstores 14%
Target Superstores
103,456 visits/mo 0.2 miles
Kohl's Apparel
50,835 visits/mo 0.2 miles
T.J. Maxx Apparel
48,814 visits/mo 0.4 miles
Menards Home Improvements & Furnishings
47,305 visits/mo 0.5 miles
McDonald's Dining
36,079 visits/mo 0.3 miles

Demographics for 61115, IL

22,599
Population
8,983
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
91%
High-School Grad
10.6 sq mi
ZIP Area
2,132
Density / Sq Mi
$73,771
Median Household Income
$44,141
Median Earnings
$1,111
Median Rent
$160,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space offering building signage and access to local and commuter traffic.
Where is this retail space located?
The property is located at 1515 West Lane Rd Machesney Park, IL.
What are key features of this property?
This property features: More than 40,000 vehicles pass the IL Route 173 and Highway 251 intersection daily; Approximately 3 miles from I‑90; Building signage is available
More about this property
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