The street is bordered by Palangos Street to the west and by Šaulių Street to the east. It is 0, 199 km in length.
In 1949 new street was named Traktoristų (Traktorininkų) Street.
In 1990 Traktorinkų street was renamed Mikalojaus Akelaičio Street.
Mikalojus Akelaitis (1829-1887) – Lithuanian cultural figure, prose writer, publicist, linguist, folklorist. Akelaitis attended school in Marijampolė. He was a comrade of M. Valančius, S. Daukantas, one of the leaders in January’s Insurrection (1863-1864) against the Russian Empire.