1275 Anvil Rd Machesney Park, IL 61115
This exceptional investment opportunity presents a fully leased, multi-tenant flex warehouse and office complex totaling 23,500 square feet, strategically located in Machsney Park, Illinois, near the intersection of Hwy 251 and I-39. The property consists of two single-story buildings, built in 2006, featuring eight units currently operating at 100% occupancy. Each unit offers a blend of warehouse and office space, with 12 roll-up doors and a 16-foot clear height, catering to diverse tenant needs. The property's six separate Assessor's Parcel Numbers (APNs) offer the unique potential for future subdivision into up to twelve individual units or sale as separate condominiums, maximizing investment returns. This value-add opportunity is priced at $1,749,000, representing $74.43 per square foot and $218,625 per unit. The property's prime location within the greater Chicagoland area, a major metropolitan area, ensures strong tenant demand and future growth potential. The seller may consider financing options. This is a rare chance to acquire a high-performing asset in a thriving market. The property is zoned L1.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.