Property profile

242 Shoreland Rd Machesney Park, IL 61115

OFF-MARKET
Industrial properties
Property ID
US28-1920288
0.16 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 0.16 ac (6,970 SF)
Zoning code IH
APN 04-05-152-003
UPID US28-1920288

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

242 Shoreland Rd Machesney Park, IL 61115-2835
Machesney Park metro Census 4004 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2025
Last sale
$10,000
5 recorded transactions
2025
$10,000
2003
$4,000
1999
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IH · Machesney Park, IL
Zoning description

The IH Heavy Industrial District is to accommodate those heavier industrial uses which have objectionable influences, but which, nevertheless, should be provided for in the community

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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