Technical
Financial
Distress signals
Property profile

2850 Belvidere Rd Waukegan, IL 60085

OFF-MARKET
Retail space
Property ID
US28-Q001028
Built 1982
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Property summary

AI-generated overview

The property is a 2,100-square-foot retail storefront located in Waukegan, Illinois, along Belvidere Road (IL-Rte 120), a primary commercial corridor. The space is configured to allow division into smaller units totaling 1,024 square feet and 969 square feet. It provides access to major regional routes including I-94, IL-Rte 41, and Green Bay Road, and is situated in a retail and services area with nearby national and local businesses. The location is also near regional attractions such as Great Wolf Lodge Water Park, Gurnee Mills, Illinois Beach Nature Preserve, and Six Flags Great America, with Waukegan positioned within the Chicago MSA approximately 35 miles north of Chicago.

Property profile

Verified
Property type Retail space
Year built 1982
UPID US28-Q001028

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Loan Service
  • Loan Service

Location

2850 Belvidere Rd Waukegan, IL 60085
Waukegan metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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