The existence of spontaneous spin-ordering in two-dimensional (2D) nanomagnets holds significant importance due to their several unique and promising properties that distinguish them from conventional 2D materials. In recent times, machine learning (ML) has emerged as a powerful tool for effectively exploring and identifying the optimal 2D materials for specific applications or properties within a limited span of time. Here, we have introduced ML-accelerated approaches to specifically estimate the properties, such as the HSE bandgap and magnetoanisotropic energy (MAE) of 2D magnetic materials. Supervised ML algorithms were employed to derive the descriptors that are capable of predicting the properties of intrinsic 2D magnetic materials. Furthermore, the feature selection score is also calculated to reduce the feature space complexity and improve the model accuracy. The input features were obtained from the C2DB database, and models were constructed using linear regression, Lasso, decision tree, random forest, XG Boost, and support vector machine algorithms. The random forest model predicted the HSE band gaps with an unprecedented low root-mean-square error (RMSE) of 0.22 eV, while the linear regression gives the best fit with RMSEs of 0.25 and 0.22 meV for the MAE(