Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial real estate

    9924 N 2Nd St, Machesney Park, IL 61115

    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-2583052
    Property summary
    AI-generated overview

    This exceptional 10,918-square-foot industrial property, located at 9924 N 2nd St in Machesney Park, Illinois, presents a compelling investment opportunity. The single-tenant building, constructed in 1998, boasts a desirable distribution and warehouse configuration, ideal for a variety of uses. The property sits on a substantial 2.47-acre lot, offering ample space for expansion or future development. Key features include five overhead doors, a showroom, a warehouse area with floor drains, and an additional building equipped with four overhead doors, perfect for cold storage applications. The property includes 40 parking spaces and is conveniently located in Winnebago County, Illinois, with the address 9924 N 2nd St, zip code 61115. The heated building is situated on a 107,593 square foot lot, legally described as Douglas Farms Bng Sub Lying in Pt Nw 1/4 Sec 20-45-2 That Pt Lying W of Tr to State by Comdemnation G 23411 of Lots 17 & 18. The asking price is $949,000, translating to $86.92 per square foot. This property offers significant potential for both immediate occupancy and long-term redevelopment. The property's APN is 08-20-151-002.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 08-20-151-008
    UPID US28-2583052
    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
    Current use
    Occupant on record · Public records
    • Brightside Supply Medical Supply Store Dental Supply Store
    • Kings and Queens Mattresses Furniture & Home Goods
    • Intoxalock Ignition Interlock Building Supply General Contractor
    • Love's Park Auto Parts Auto Parts Store
    • Tint Kings Interior Design Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    LOVES PARK AUTO PARTS PROPERTI
    LOVES PARK AUTO PARTS PROPERTI
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message