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2253 Belvidere Rd Waukegan, IL 60085

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For Lease
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16 acres available for lease near Belvidere Mall.

Type:Land
Lot size:
16.00 Acres
Added:
Jul 27, 2023
Days on Market:
1000
Last Refresh:
Mar 17 at 1:19 pm

Property Features for 2253 Belvidere Rd

General Information

Standard status
Active
Lot size
16.00 Acres
Property subtype
Land

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Listing Contact
Theron May

Listing agent Theron May License #IL 471.019986

Listing office Imperial Realty Company

Listing date Jul 27, 2023

Source Crexi

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 Imperial Realty Company


Overview

Waukegan Development Land For Lease

Sixteen acres of development land are available for lease or build-to-suit construction in Waukegan, adjacent to Home Depot and the Belvidere Mall. The property is located within both an Enterprise Zone and an Opportunity Zone. The estimated gross leaseable area is 500,000 square feet. This site is suitable for retailers and office users, with options for Big Box, Mid Box, Small Shop, and Pad Sites. The surrounding market has a population of 106,561 within a 3-mile radius, with an average age of 32.60 and a median household income of $40,524. The average household size is 3.10, with an average of 2.00 vehicles per household. Daytime population within a 5-mile radius includes 5,317 businesses employing 71,778 people. Traffic counts show approximately 24,300 vehicles per day on Route 120 (Belvidere Road) and approximately 13,500 vehicles per day on Lewis Avenue. The city anticipates developing one million additional square feet of retail, hospitality, recreational, educational, and cultural facilities over the next two decades.
Location Intelligence

Current Use by Public Records

China V Star ... Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Waukegan
County
Lake
State
Illinois
Longitude
-87.8605275
Latitude
42.3493187

FAQs

What type of property is this?
Commercial land - 16 acres available for lease near Belvidere Mall.
Where is this commercial land located?
The property is located at 2253 Belvidere Rd Waukegan, IL.
What are key features of this property?
This property features: Adjacent to Belvidere Mall and anchored by Home Depot, providing established customer traffic.; Located in both an Enterprise Zone and an Opportunity Zone, offering potential tax and investment benefits.; 16 acres available for lease or build‑to‑suit construction, offering flexibility.
More about this property
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