Corner Strip
New
For Sale
$949,000
622-628 Grand Avenue, Waukegan, IL 60085
The tenant mix includes a grill, grocery market, and specialty shop serving food and ice cream.
Property SizeContact for details
Days on Market4
Property Features for 622-628 Grand Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$17,374
Amenities
Central air
Central Individual Cooling
Building Details
Year Built
1992
Tenancy
Multi
Listing Agency:
CALLAHAN BLANDINGS & SCHAPER
(847) 249-0660
Listed By:
JOHN PANTELOPOULOS · License #475097681
(224) 730-1953
Source:
Corcoran
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 10 at 2:43AM
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 CALLAHAN BLANDINGS & SCHAPER
Investment Insights
Based on property information with market context.
This 1992-built strip center occupies a corner site and has a mix of food and specialty retail tenants. Papa Marcos Grill has been at the property since 2012, while Meat Market Groceries has occupied space there since 1997. Smoke City Ice Cream Shop is also among the tenants.
The center is on Grand Avenue, described as one of the area's main roads, with reported vehicle traffic exceeding 8,400 VPD. The setting is also noted for neighborhood pedestrian activity.
The center is on Grand Avenue, described as one of the area's main roads, with reported vehicle traffic exceeding 8,400 VPD. The setting is also noted for neighborhood pedestrian activity.
Key Highlights
- Corner strip center built in 1992
- Reported traffic of more than 8400 VPD
- Meat Market Groceries has been a tenant since 1997
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,190
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 25%
McDonald's
Dining
23,809 visits/mo
0.4 miles
BP
Shops & Services
10,849 visits/mo
0.3 miles
Dunkin' Donuts
Dining
5,303 visits/mo
0.4 miles
China Garden
Dining
2,835 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - The tenant mix includes a grill, grocery market, and specialty shop serving food and ice cream.
Where is this strip mall located?
The property is located at 622-628 Grand Avenue Waukegan, IL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Corner strip center built in 1992; Reported traffic of more than 8400 VPD; Meat Market Groceries has been a tenant since 1997
