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Retail Space in Waukegan, Illinois
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1301-1555 N Lewis Ave., Waukegan, IL 60085

Retail space with strong tenant mix and high visibility.

Property Size211,190 SF
Days on Market184

Property Features for 1301-1555 N Lewis Ave.

General Information

Standard status Active
Size 211,190 SF
Property subtype Retail
Listing Agency: Horizon Realty & Management
Listed By: Ilija Pod
Source: Horizonrealtyservices
Added: Jan 27 Changed: Jul 10 Last Checked: Jul 30 at 4:22AM

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 Horizon Realty & Management

Investment Insights

Based on property information with market context.

This retail space is located at the Northeast corner of Lewis and Glen Flora Avenues in Waukegan, a suburban area of Chicago. The property benefits from a strong mix of national and local retailers, with a focus on service, dining, and convenience-oriented businesses. The trade area extends north and south along Lewis Avenue and east and west along Grand Avenue, encompassing approximately 841,000 square feet of retail space with an 85% occupancy rate. The location benefits from a daytime population of 82,643 people and a traffic count of 25,000 vehicles per day at the intersection. The property features over half a mile of unobstructed visibility along Lewis Avenue, along with six full curb cuts and 1,106 parking spaces. The property size is 211,190 square feet.

Key Highlights

  • High daytime population (82,643 people) and traffic count (25,000 vehicles per day) at the intersection.
  • Strong tenant mix of national and local retailers focused on service, dining, and convenience.
  • Excellent visibility with over half a mile of unobstructed frontage along Lewis Avenue.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic HVAC Service Gym & Fitness Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

731
Businesses Nearby
194k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 34% Groceries 32% Shops & Services 18% Dining 11%
Tony's Fresh Market Groceries
41,210 visits/mo 0.5 miles
Ross Dress for Less Apparel
28,227 visits/mo 0.1 miles
Burlington Apparel
25,705 visits/mo 0.2 miles
Aldi Groceries
21,232 visits/mo 0.4 miles
dd's DISCOUNTS Shops & Services
14,707 visits/mo 0.3 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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
  • Waukegan Plaza Lewis Ave LLC — 1321 N Lewis 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 space with strong tenant mix and high visibility.
Where is this shopping center located?
The property is located at 1301-1555 N Lewis Ave. Waukegan, IL.
What are key features of this property?
This property features: High daytime population (82,643 people) and traffic count (25,000 vehicles per day) at the intersection.; Strong tenant mix of national and local retailers focused on service, dining, and convenience.; Excellent visibility with over half a mile of unobstructed frontage along Lewis Avenue.
More about this property
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