CRE Admin

Machesney Park, IL High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Machesney Park, Illinois Market population: 23K. Browse multifamily, office, retail, industrial, and mixed-use investment...

Advertisement
Cap Rate: High NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in Illinois.
1 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Machesney Park IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Machesney Park IL Properties: 2.6200%

πŸ“Š Average Income For Machesney Park IL Commercial Property: $53,688

Investor Questions For Machesney Park IL

Common questions from investors exploring commercial real estate in Machesney Park IL.

What is the overall investment potential of Machesney Park, IL, considering its demographic and economic factors? +
Machesney Park, IL, with a median household income of $53,688, a relatively low poverty rate of 10.1%, and a high health insurance coverage rate of 93.5%, presents a stable investment market. The top industries, including Finance & Insurance and Public Administration, contribute to employment stability, while the average commute time of 23.5 minutes and high homeownership rate of 78.6% indicate a desirable quality of life.
How does the ethnic diversity and foreign-born rate impact the demand for real estate in Machesney Park, IL? +
The ethnic diversity, with top ethnicities being White (46.9%) and White Non-Hispanic (44.6%), and a foreign-born rate of 2.8%, suggests a relatively homogeneous community. However, this stability, combined with a low poverty rate and high health insurance coverage, may attract investors looking for a predictable market, especially considering the top industries like Finance & Insurance and Public Administration.
What role do commute times and health insurance coverage play in assessing the stability of the rental market in Machesney Park, IL? +
The average commute time of 23.5 minutes and the high health insurance coverage rate of 93.5% are indicative of a stable and healthy workforce, which is attractive for rental investments. This, coupled with a median property value of $118,600 and median property taxes of $6,904, suggests that Machesney Park, IL, could offer a balanced rental market with potential for appreciation.
How do the top industries in Machesney Park, IL, influence the local real estate market and its potential for growth? +
The presence of top industries such as Finance & Insurance, Public Administration, and Wholesale Trade contributes to a diverse economic base, which can support a stable and growing real estate market. With a significant portion of the population employed and a low poverty rate of 10.1%, these industries help ensure a consistent demand for housing, making Machesney Park, IL, an attractive location for real estate investment.
What insights can be gleaned from the combination of poverty rate, health insurance coverage, and commute times for real estate investment in Machesney Park, IL? +
The combination of a low poverty rate of 10.1%, high health insurance coverage of 93.5%, and an average commute time of 23.5 minutes suggests a market with stable, employed residents who are likely to be reliable tenants or homeowners. This stability, along with the median household income of $53,688 and the top industries, indicates a favorable environment for real estate investments, with potential for long-term appreciation and rental income.

Machesney Park IL Real Estate & City Facts

Key facts and real estate information about Machesney Park IL.

What are some of the best neighborhoods to live in Machesney Park? +
Some of the best neighborhoods to live in Machesney Park include Stonehedge and other areas in the east and southeast parts of the city. These neighborhoods offer a range of housing options and are known for their safety and proximity to amenities.
What are some fun things to do in Machesney Park? +
There are plenty of fun things to do in Machesney Park, including visiting Schoonmaker Park, Sunset Funeral Home and Memorial Gardens, and other attractions. You can also explore the city's shopping and dining options, or check out local events and activities.
What is the food scene like in Machesney Park? +
The food scene in Machesney Park is diverse and offers a range of options, including restaurants like Pig Minds Brewing Co., Plaza Los Panchos, and Toni's Pizza and Italian Bakery. There are also plenty of great food trucks and cafes to try.
What are the pros and cons of living in Machesney Park? +
The pros of living in Machesney Park include its safe neighborhoods, low crime rate, and proximity to amenities. However, some cons include the city's limited job opportunities and higher cost of living compared to other areas in the region. Overall, Machesney Park is a great place to live for those who value safety and convenience.
Is Machesney Park a good place to live? +
Yes, Machesney Park is a good place to live for those who value safety, convenience, and a range of amenities. While it may have some drawbacks, the city's pros outweigh its cons, making it a great option for families, professionals, and retirees alike.
Advertisement