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Flex Space with Open Office
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4055 Steele Dr, Machesney Park, IL 61115

Vacant suite with surplus parking, efficient reconfiguration potential, and an existing open office layout.

Property Size17,000 SF
Days on Market179

Property Features for 4055 Steele Dr

General Information

Standard status Active
Size 17,000 SF
Property subtype INDUSTRIAL
Lease Type SF/yr

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Office
Clear Height 14 ft

Building Details

Tenancy Multi
Listing Agency: Keller Williams Realty Signature LP2
Listed By: Nathan Bryant, CCIM · License #471013468
Source: Moodyscre
Added: Feb 3 Changed: Jul 31 Last Checked: Aug 1 at 10:14AM

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 Keller Williams Realty Signature LP2

Investment Insights

Based on property information with market context.

The 17,000-square-foot vacant suite is located within a 2-tenant building and includes an existing open office build-out previously used as a call center. Its flexible layout supports efficient reconfiguration, with 14’ clear height and surplus parking. The property also offers conversion potential for a range of commercial applications.

The property is situated north of Route 173 and approximately 3 miles from I90/39, providing access to the surrounding regional road network.

Key Highlights

  • 17,000‑square‑foot vacant flex suite with existing open office build‑out
  • Located in a 2 Tenant Building
  • 14’ Clear Height

Property Analytics

Current Use

Option Care Home Health Care Service

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

14 ft
Clear height
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby
Well-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Vacant suite with surplus parking, efficient reconfiguration potential, and an existing open office layout.
Where is this flex space located?
The property is located at 4055 Steele Dr Machesney Park, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 17,000‑square‑foot vacant flex suite with existing open office build‑out; Located in a 2 Tenant Building; 14’ Clear Height
(815) 218-1371 Call to check price and availability
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