Property summary
This exceptional multi-tenant medical office and retail property, located at 1001 West Lane Rd in Machesney Park, IL 61115, offers a prime opportunity for businesses seeking high-visibility space in a thriving commercial corridor. The property boasts a total of 150,000 square feet across three single-story buildings, constructed in 2005, situated on 11.47 acres of land. With ample parking (830 spaces, a 5.53 ratio), the property provides convenient access for patients and customers. Individual suites range from a minimum of 1,102 square feet to a maximum contiguous space of 7,458 square feet, with 14,439 square feet currently vacant. The property is zoned CG and benefits from excellent visibility, situated at the corner of West Lane Rd/Rt. 173 and Highway 251, experiencing over 40,000 vehicles daily. This location offers immediate proximity to a variety of national retailers including TJ Maxx, Michaels, Ulta, Famous Footwear, Maurices, Hallmark, Kay Jewelers, Lens Crafters, Starbucks, Noodles & Co, Target, Kohl's, Home Depot, Lowe's, and Office Depot, ensuring high traffic and strong consumer demographics. The property features no elevators. This is an ideal location for medical practices and retail businesses seeking a prominent presence in a busy and established retail center.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Medical Laboratory
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Bar & Pub Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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