Machesney Park, IL Shopping Centers for Lease
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Machesney Park, IL Shopping centers Lease Rates & Market Statistics
Explore 25 Shopping centers for lease in Machesney Park, IL on Realmo, a commercial real estate exchange covering the Machesney Park area. The current inventory totals 464,867 square feet of properties — an average of ~18,600 SF per listing.
Shopping centers lease rates in Machesney Park range from $14 SF/Yr at the entry level to $17 SF/Yr at the top of the market, averaging $15.50 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $15.50 SF/Yr, the local average runs 16% below Illinois's state average of $18.53 SF/Yr.
Shopping centers make up 37% of the 68 Retail properties & Spaces currently for lease in Machesney Park, with asking rates in line with the citywide Retail properties & Spaces average. Also worth a look for tenants weighing alternatives: Storefront properties (8 listings) and Other retail properties (4 listings) elsewhere in the Machesney Park market.