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    10017 2Nd St Machesney Park, IL 61115

    Sponsored
    For Lease
    Contact for pricing

    5,700 SF Flex-Use Retail, 1,102 SF Available

    Lot size:
    5,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,700 square foot retail property, built in 2023, is situated on 12.13 acres in the thriving Machesney Park, Illinois market. The single-story, Class B building features three suites, with one suite currently vacant, offering 1,102 contiguous square feet of flexible-use space. Ideal for a variety of retail businesses, this space boasts superior visibility along high-traffic streets, benefiting from over 40,000 vehicles per day passing the intersection of IL Route 173 and Hwy 251. Its convenient location is just three miles from I-90, ensuring easy access for customers and employees. The property includes ample parking with 50 spaces and allows for building signage. The zoning is CG, and the property is located in Winnebago County, Illinois, with a 61115 zip code. The minimum divisible space is 1,102 square feet, making it perfect for a smaller business or a satellite location. This is a rare opportunity to secure a brand-new retail space in a prime location with excellent visibility and accessibility.

    Property Features for 10017 2Nd St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,700 SF
    Class
    B

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 10017
    Size
    1,102 SF

    HighLights

    • New construction, 5,700 SF retail building on 12.13 acres.
    • Prime retail location in Machesney Park, IL, with excellent visibility and over 40,000 vehicles per day on IL Route 173 and Hwy 251.
    • Three suites available, including one 1,102 SF vacant suite.
    • Located 3 miles from I‑90 for easy access.
    • Ample parking (50 spaces) and building signage allowed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Machesney Park
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.036239972442
    Latitude
    42.36417159945

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    FAQs

    What type of property is this?
    Retail property - 5,700 SF Flex-Use Retail, 1,102 SF Available
    Where is this retail property located?
    The property is located at 10017 2Nd St Machesney Park, IL.
    What are key features of this property?
    This property features: New construction, 5,700 SF retail building on 12.13 acres.; Prime retail location in Machesney Park, IL, with excellent visibility and over 40,000 vehicles per day on IL Route 173 and Hwy 251.; Three suites available, including one 1,102 SF vacant suite.
    Request Owner's contact information
    10017 2Nd St Machesney Park, IL 61115
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    Machesney Park, IL 61115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10017 2Nd St Machesney Park, IL 61115
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