Property profile

1307-1335 Lane Rd Machesney Park, IL 61115

OFF-MARKET
Retail properties & Spaces
19,067 SF 1.64 ac lot Built 2001
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Property summary

AI-generated overview

This exceptional retail property, located at 1307-1335 West Lane Rd in Machesney Park, IL 61115, offers 19,067 square feet of space in a single, one-story Class B building constructed in 2001. The property sits on 1.64 acres of land and features six suites, with one currently vacant offering 1,595 square feet, ideal for a variety of retail uses. The minimum divisible space is 1,595 square feet, while the maximum contiguous space available is also 1,595 square feet. Ample parking is provided with 106 spaces. The building benefits from a high-traffic location in Machesney Park's shopping corridor, boasting over 40,000 vehicles per day passing the intersection of IL Route 173/West Lane Rd and Hwy 251. This ensures superior visibility for businesses. The property is conveniently located just 3 miles from I-90, providing easy access for customers and employees. One suite is fully built-out as a hair salon, making it move-in ready. Building and pylon signage opportunities are available to enhance business advertising. The property is zoned CG. No elevators are present.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2001
Total area 19,067 SF
Lot 1.64 ac (71,438 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1307-1335 Lane Rd Machesney Park, IL 61115
Machesney Park metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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