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Property profile & analytics
OFF-MARKET
Flex space

1275 Anvil Rd Machesney Park, IL 61115

23,500 SF Built 2006
Entity Owned
Property ID
US28-4451209
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Flex space
Year built 2006
Total area 23,500 SF
UPID US28-4451209
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Anvil Road LLC
Anvil Road LLC
since 2025
2 recorded transactions
2025
$1.7M
2023
$1.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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