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    1545 Ln Rd Machesney Park, IL 61115-1903

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4062928
    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

    • ALDI / Supermarket / Grocery Store

    Property Details for 1545 Ln Rd

    Property type
    Commercial real estate
    APN
    08-20-278-017
    APU
    820278017

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Machesney Park
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.024
    Latitude
    42.3649
    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
    $68,743
    $159,141
    $554,430
    $713,571
    -
    $477,423
    $1,663,290
    $2,140,713

    Comparable in this City

    • Value Estimation by Request

      4080 Steele Dr

      COMMERCIAL (GENERAL)
      4080 Steele Dr, Machesney Park, IL 61115-8358
      View Details
    • Value Estimation by Request

      1570 Ln Rd

      COMMERCIAL (GENERAL)
      1570 Ln Rd, Machesney Park, IL 61115-1903
      View Details
    • Value Estimation by Request

      8200 2nd St

      COMMERCIAL (GENERAL)
      8200 2nd St, Machesney Park, IL 61115-2410
      View Details
    • Value Estimation by Request

      Maple Ave

      COMMERCIAL (GENERAL)
      Maple Ave, Machesney Park, IL 61115
      View Details
    • Value Estimation by Request

      1023 Harlem Rd

      COMMERCIAL (GENERAL)
      1023 Harlem Rd, Machesney Park, IL 61115-2517
      View Details
    • Value Estimation
      $4,260,000
      14,406 SF

      1680 Ln Rd

      COMMERCIAL (GENERAL) • 14,406 SF
      1680 Ln Rd, Machesney Park, IL 61115-1623
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      10209 Russ St

      Land • 1.00 Acre
      10209 Russ St, Machesney Park, IL 61115
      View Details
    • $949,000
      2.47 Acres

      Machesney Park Industrial Warehouse

      10,918 SF Warehouse, $949,000
      9924 2Nd St, Machesney Park, IL 61115
      View Details
    • $789,000
      10,918 SF

      Machesney Park Showroom/Warehouse For Sale

      Showroom and warehouse with overhead doors and redevelopment potential.
      9924 N 2Nd St, Machesney Park, IL 61115
      View Details
    • $31,500
      0.35 Acres

      Residential Lot in Machesney Park

      0.35-acre residential lot with no builder restrictions.
      Xxxx Brentwood, Machesney Park, IL 61115
      View Details
    • $2,400,000
      3,000 SF

      Drive-Thru Church’s Chicken Investment Property

      NNN leased Church’s Chicken in Machesney Park, Illinois.
      1586 W Lane Rd, Machesney Park, IL 61115
      View Details
    • $503,118

      Machesney Park Land Opportunity

      4.24 acres near Hwy 173 and Hwy 251.
      701 Russ Ave, Machesney Park, IL 61115
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Industrial Land, Machesney Park

      59 Acres, I-90 Access, IL
      7294 Lane Rd, Machesney Park, IL 61115
      View Details
    • $12 SF/Yr
      54,176 SF

      Hamilton Centre Suites Available

      Machesney Park retail & medical office space.
      613 Harlem Rd, Machesney Park, IL 61115
      View Details
    • $12 SF/Yr
      54,176 SF

      Machesney Park Retail Space Available

      Retail and office spaces available in neighborhood shopping center.
      613-633 Harlem Rd, Machesney Park, IL 61115
      View Details
    • Contact for pricing
      2,400 SF

      Retail Outlot with Drive-Thru Potential

      Prime retail space with drive-thru opportunity and high visibility.
      Burden Rd, Machesney Park, IL 61115
      View Details
    • $22 SF/Yr
      1,075 SF

      Retail Space Near Major Retailers

      1,075 SF retail space near Machesney Park retail corridor.
      10121 N 2Nd St, Machesney Park, IL 61115
      View Details
    • Contact for pricing
      5,700 SF

      Machesney Park Retail Space

      5,700 SF Flex-Use Retail, 1,102 SF Available
      10017 2Nd St, Machesney Park, IL 61115
      View Details

    Property Visit Statistics

    • Visits by month
      27.1k
    • Visitors by month
      19.8k
    • Avg Time on site
      21 min
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    1545 Ln Rd
    Machesney Park, IL 61115-1903
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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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