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    831-885 E Belvidere Rd Grayslake, IL 60030

    For Lease
    Contact for pricing

    Retail space in shopping center anchored by Jewel-Osco.

    Property size:
    1,962 SF
    Lot size:
    13.56 Acres

    Property Features for 831-885 E Belvidere Rd

    General Information

    Size
    1,962 SF
    Lot size
    13.56 Acres

    Source: Phillips Edison & Company - Corporate Agent Denny Burns

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Anchored Shopping Center Retail Space

    This 108,668-square-foot shopping center is anchored by Jewel-Osco. Other national tenants include Dunkin', Massage Envy, Wingstop and Circle K. The property is located at the high-traffic intersection of East Belvidere Road, which sees 16,789 vehicles per day, and South Atkinson Road, which sees 11,000 vehicles per day. The surrounding area has a population exceeding 45,000 within a three-mile radius, with an average household income over $133,800. Available spaces range in size, with one unit offering 1,962 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Downtown Grayslake

    Location Insight

    • Map
    • Local Demand
    City
    Grayslake
    County
    Lake
    State
    Illinois
    Longitude
    -88.0284115
    Latitude
    42.3358116

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    FAQs

    What type of property is this?
    Shopping center - Retail space in shopping center anchored by Jewel-Osco.
    Where is this shopping center located?
    The property is located at 831-885 E Belvidere Rd Grayslake, IL.
    What are key features of this property?
    This property features: - Anchored by Jewel-Osco, a major grocery store.; - High average household income ($133,800+) within a 3-mile radius.; - Located at a high-traffic intersection (Belvidere & Atkinson Roads).
    (513) 554-1110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    831-885 E Belvidere Rd Grayslake, IL 60030
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