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    FOR LEASE
    Industrial properties

    9934 N Alpine Rd, Machesney Park, IL 61115

    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US28-1048922
    Property summary
    AI-generated overview

    This exceptional 2,500-square-foot flex industrial space is available for lease within a well-maintained, multi-tenant building located at 9934 N Alpine Rd, Machesney Park, IL 61115. The property boasts a convenient location, situated north of Route 173 and just three miles from the I-90/I-39 interchange, offering excellent access to major transportation arteries. The single-story building features a total of 29,507 square feet, divided into seven suites, and sits on a 2.72-acre lot. This particular unit offers an open floor plan, minimal office space, a drive-in door, and impressive 12-foot-6-inch clear ceiling heights. Ample parking is available for tenants and the building is classified as Class B. The zoning designation is IG. This is an ideal space for a variety of businesses seeking a functional and accessible warehouse or flex space. The property is currently zoned for industrial use. Don't miss this opportunity to secure a prime location for your business operations.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    APN 08-17-402-024
    UPID US28-1048922
    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
    • Peak Innovations Engineering Engineering Consultant
    • Eurotherm Inc Industrial Manufacturer Production Facility
    • Tri-City Emergency Vehicle Services Auto Repair Shop
    • Mercyhealth at Home / Home Medical Equipment and Supplies – Rockford Medical Supply Store
    • Microgram Software Inc Electronics & Wireless Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.75M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.75M
    Owner & transaction history
    Dotben23 Investments LLC · 2 yrs held
    Dotben23 Investments LLC
    since 2024
    Last sale
    $1.8M
    5 recorded transactions
    2024
    $1.8M
    1998
    1998
    1997
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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