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    1768 Lane Rd Machesney Park, IL 61115

    Sponsored
    For Lease
    Contact for pricing

    High-visibility retail space available in thriving Machesney Park.

    Lot size:
    6,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,240 square foot retail property, situated on 10.35 acres in Winnebago County, Illinois, presents a unique investment opportunity. The property boasts a prime location in Machesney Park's bustling shopping corridor, offering superior visibility along two of the area's busiest streets. Currently, 1,555 square feet of storefront space is available for lease within this multi-tenant building, anchored by a Meijer store and surrounded by new developments. The property features ample parking with 32 spaces available for customers and employees. The zoning is designated as Commercial General (CG), allowing for a variety of retail uses. This is an ideal location for businesses seeking high traffic and strong visibility in a rapidly growing area. The address is 1768 West Lane Rd, Machesney Park, IL 61115. The property's strategic location and ample space make it an attractive option for businesses looking to establish or expand their presence in the Machesney Park market. Don't miss this chance to secure a space in this vibrant retail center.

    Property Features for 1768 Lane Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,240 SF

    Unit(s) available at that property

    Space
    Suite C
    Size
    1,555 SF

    HighLights

    • High‑traffic location.
    • Excellent freeway access (3 miles to I‑90).
    • Exceptional visibility.
    • Brand new construction.
    • Meijer‑anchored center.
    • Prime location within Machesney Park's retail corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Royal Nail Spa Nail Salon Athletico Physical Therapy ... Physical Therapist

    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
    -89.011614209184
    Latitude
    42.365939638629

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility retail space available in thriving Machesney Park.
    Where is this individual retail property located?
    The property is located at 1768 Lane Rd Machesney Park, IL.
    What are key features of this property?
    This property features: High-traffic location.; Excellent freeway access (3 miles to I-90).; Exceptional visibility.
    Request Owner's contact information
    1768 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
    1768 Lane Rd Machesney Park, IL 61115
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