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    4055 Steele Dr Machesney Park, IL 61115

    Sponsored
    For Lease
    Contact for pricing

    16,000 SF Available, Excellent Location

    Lot size:
    30,090 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 30,090 square foot flex space property, located at 4055 Steele Drive in Machesney Park, Illinois 61115, presents a unique investment opportunity. The building, constructed in 2002 and classified as Class B, offers a total of two suites, with 16,000 square feet currently vacant and ready for immediate occupancy. The property boasts ample parking with 112 spaces available. The building features 14-16 foot clear heights, ideal for a variety of uses. The zoning is designated as IG, allowing for flexibility in tenant improvements and operations. The location is highly desirable, situated north of Route 173 and within three miles of the I-90/39 interchange, providing easy access to major transportation arteries. The existing office areas are easily adaptable to flex or industrial uses, catering to a broad range of potential tenants. The 0.422-acre lot provides ample space for loading and maneuvering. The building does not include elevators. This multi-tenant property offers a significant opportunity for businesses seeking a strategic location with excellent accessibility and adaptable space.

    Property Features for 4055 Steele Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,090 SF
    Class
    B

    Building Details

    Year Built
    2002

    Unit(s) available at that property

    Space
    4055
    Size
    16,000 SF

    HighLights

    • 30,090 square foot flex space in Machesney Park, IL.
    • Class B building constructed in 2002 with two suites; 16,000 square feet currently vacant.
    • Ample parking with 112 spaces.
    • 14‑16 foot clear heights.
    • IG zoning.
    • Excellent location near Route 173 and I‑90/39 interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Option Care Home Health Care Service

    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
    -89.022420328034
    Latitude
    42.369142043703

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    FAQs

    What type of property is this?
    Flex space - 16,000 SF Available, Excellent Location
    Where is this flex space located?
    The property is located at 4055 Steele Dr Machesney Park, IL.
    What are key features of this property?
    This property features: 30,090 square foot flex space in Machesney Park, IL.; Class B building constructed in 2002 with two suites; 16,000 square feet currently vacant.; Ample parking with 112 spaces.
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    4055 Steele Dr 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
    4055 Steele Dr Machesney Park, IL 61115
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