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    9934 Alpine Rd Machesney Park, IL 61115

    • Industrial properties
    For Lease
    View listing
    $7 SF/Yr
    Value Estimation
    $1,765,000
    Last Sale
    Mar 21, 2024
    $1,750,000
    Location Intelligence
    Property ID
    US28-1048922
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Peak Innovations Engineering / Engineering Consultant
    • Eurotherm Inc / Manufacturer
    • Tri-City Emergency Vehicle Services / Auto Repair Shop
    • Mercyhealth at Home / Home Medical Equipment and Supplies – Rockford / Medical Supply Store
    • Microgram Software Inc / Computer Software Store

    Property Details for 9934 Alpine Rd

    Property type
    Industrial properties
    APN
    08-17-402-024
    APU
    817402024

    Description

    This exceptional 2,500-square-foot flex industrial space is available for lease within a well-maintained, multi-tenant building located at 9934 N Alpine Rd, Machesney Park, IL 61115. The property boasts a convenient location, situated north of Route 173 and just three miles from the I-90/I-39 interchange, offering excellent access to major transportation arteries. The single-story building features a total of 29,507 square feet, divided into seven suites, and sits on a 2.72-acre lot. This particular unit offers an open floor plan, minimal office space, a drive-in door, and impressive 12-foot-6-inch clear ceiling heights. Ample parking is available for tenants and the building is classified as Class B. The zoning designation is IG. This is an ideal space for a variety of businesses seeking a functional and accessible warehouse or flex space. The property is currently zoned for industrial use. Don't miss this opportunity to secure a prime location for your business operations.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,935,000
      6.5%
      $1,680,000
      7%
      $1,900,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,905,000
      Geo Method
      $1,685,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,795,000
      Retail
      $2,070,000
      Mixed-Use
      $1,650,000
      Hospitality
      $1,810,000
      Educational
      $2,015,000
      Residential Income
      $1,635,000
      Energy
      $1,630,000
      Income-Based Land
      $1,910,000
      Food Service
      $1,855,000

    Location Insight

    • Map
    • Local Demand
    City
    Machesney Park
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.024
    Latitude
    42.3754
    CBSA code
    40420
    CBSA name
    ROCKFORD, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,907
    $56,433
    $285,665
    $342,098
    -
    $169,299
    $856,995
    $1,026,294

    Comparable in this City

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      9628 Forest Hills Rd

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      1275 Anvil Rd

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      4025 Steele Dr

      INDUSTRIAL (GENERAL) • 2,520 SF
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    • Value Estimation
      $2,365,000
      3,074 SF

      1303 Turret Dr

      INDUSTRIAL (GENERAL) • 3,074 SF
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      View Details

    Similar Nearby for Sale

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      1.00 Acre

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      Land • 1.00 Acre
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    Similar Nearby for Lease

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      Machesney Park Warehouse Space

      2,500 SF Flex Industrial Space Available
      9934 Alpine Rd, Machesney Park, IL 61115
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      40,000 SF

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      Prime Machesney Park Flex Space

      16,000 SF Available, Excellent Location
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      150,000 SF

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    9934 Alpine 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
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