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    7294 Lane Rd Machesney Park, IL 61115

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    For Lease
    Contact for pricing

    59 Acres, I-90 Access, IL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 59.35-acre parcel of land presents a unique investment opportunity in Machesney Park, Illinois. Strategically located off Illinois Route 173 with convenient access to I-90, this property offers unparalleled connectivity for businesses requiring efficient transportation links. The land is zoned for both industrial and commercial uses, providing flexibility for a wide range of development projects. Situated in Winnebago County, the site benefits from a strong local economy and established infrastructure. The single-tenant designation allows for streamlined development and management. This expansive acreage provides ample space for large-scale industrial facilities, distribution centers, or commercial ventures. The property's prime location and versatile zoning make it an ideal choice for businesses seeking to establish a significant presence in a thriving area. With its proximity to major transportation arteries, this land offers exceptional accessibility for employees, suppliers, and customers. The potential for significant return on investment is substantial, making this a compelling opportunity for discerning investors and developers. Detailed zoning information and development guidelines are readily available upon request. This is a rare opportunity to acquire a substantial land holding in a highly desirable location.

    Property Features for 7294 Lane Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 59.35‑acre parcel in Machesney Park, IL.
    • Excellent access to IL Route 173 and I‑90.
    • Zoned for industrial and commercial use.
    • Single‑tenant designation simplifies development.
    • Ample space for large‑scale projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    -88.9729172
    Latitude
    42.3744361

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    FAQs

    What type of property is this?
    Land - 59 Acres, I-90 Access, IL
    Where is this land located?
    The property is located at 7294 Lane Rd Machesney Park, IL.
    What are key features of this property?
    This property features: 59.35-acre parcel in Machesney Park, IL.; Excellent access to IL Route 173 and I-90.; Zoned for industrial and commercial use.
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    7294 Lane Rd 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
    7294 Lane Rd Machesney Park, IL 61115
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