Machesney Park, IL Retail Properties & Spaces for Lease
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Machesney Park, IL Retail properties & Spaces Lease Rates & Market Statistics
Explore 34 Retail properties & Spaces for lease in Machesney Park, IL on Realmo, a commercial real estate exchange covering the Machesney Park area. The current inventory totals 568,120 square feet of properties — an average of ~16,700 SF per listing.
Retail properties & Spaces lease rates in Machesney Park range from $16 SF/Yr at the entry level to $34 SF/Yr at the top of the market, averaging $22.60 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $22.60 SF/Yr is in line with the Illinois state average.
By space type, the market includes 14 shopping centers and 4 storefront properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.