Retail Space in Waukegan
For Lease
$15 SF/Yr
2603 GRAND Avenue, Waukegan, IL 60085
Retail spaces available in neighborhood shopping center on Grand Ave.
Space SizeContact for details
Days on Market565
Property Features for 2603 GRAND Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$35,304
Amenities
Central air
Central Air Cooling
Central Individual Cooling
Membrane Roof
Rubber Roof
Building Details
Year Built
1972
Listing Agency:
SPERRY VAN NESS
(312) 676-1866
Listed By:
WAYNE CAPLAN · License #475132248
Source:
Corcoran
Added: Jan 30, 2025
Changed: Aug 17
Last Checked: Aug 18 at 5:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SPERRY VAN NESS
Investment Insights
Based on property information with market context.
Located on Grand Avenue in Waukegan, IL, this neighborhood shopping center offers spaces for rent. The property is shadow-anchored by Lewis Foods Supermarket and benefits from high visibility and a traffic count exceeding 27,000 vehicles per day. Signage opportunities include building, pylon, and a large digital billboard on Grand Avenue. Available spaces, already in vanilla box condition, include 1326, 3920, and 5297 square feet options suitable for retail or office use. The center currently hosts tenants such as Dollar General, Talecris Plasma Resources, Rent-A-Center, Dotty's Cafe, and H R Block. The available spaces include two 2nd generation restaurant spaces, a former financial services office, and a former bank facility. The shopping center has approximately 66,000 square feet of space.
Key Highlights
- High‑traffic location on Grand Ave (IL 132) with over 27,000 vehicles per day.
- Located in an established 66,000 SF neighborhood shopping center.
- Shadow‑anchored by Lewis Foods Supermarket.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,068
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
McDonald's
Dining
23,809 visits/mo
0.1 miles
Dunkin' Donuts
Dining
5,303 visits/mo
0.3 miles
China Garden
Dining
2,835 visits/mo
0.1 miles
Demographics for 60085, IL
71,609
Population
26,781
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
74%
High-School Grad
14.8 sq mi
ZIP Area
4,838
Density / Sq Mi
$64,330
Median Household Income
$35,645
Median Earnings
$1,133
Median Rent
$164,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Club De Nutricon Y Ejeecicios — 1705 Grand Ave, Waukegan, IL 60085
- Grand Plaza East — Waukegan, IL 60085
- Coin Cloud Bitcoin ATM — 3233 Grand Ave, Waukegan, IL 60085
- Douglas Center — 2666 Grand Ave, Waukegan, IL 60085
- Lewis Plaza — Lewis Ave &, W Glen Flora Ave, Waukegan, IL 60085
Frequently Asked Questions
What type of property is this?
Shopping center - Retail spaces available in neighborhood shopping center on Grand Ave.
Where is this shopping center located?
The property is located at 2603 GRAND Avenue Waukegan, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Grand Ave (IL 132) with over 27,000 vehicles per day.; Located in an established 66,000 SF neighborhood shopping center.; Shadow‑anchored by Lewis Foods Supermarket.
