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2103 Belvidere Rd Waukegan, IL 60085

Sponsored
For Lease
$12 SF/Yr

Waukegan, IL medical office suites available

Lot size:
320,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 320,000 square foot, Class B medical office building situated within the Belvidere Mall in Waukegan, Illinois. The single-story building, located at 2103 Belvidere Rd, sits on a 20-acre lot and offers multiple tenancy options with a minimum divisible space of 1,000 square feet and spaces ranging up to 20,000 square feet. The property boasts 1,000 parking spaces, providing ample convenience for patients and staff. Its prime location at the high-traffic intersection of Belvidere Road and Lewis Avenue sees approximately 37,000 vehicles daily, ensuring high visibility and accessibility. The mall benefits from its proximity to a significant population base (approximately 105,000 within a 3-mile radius) with a median household income of $40,148. Further enhancing its appeal, the property is conveniently located near Naval Station Great Lakes and across from the recently renovated Corrine J. Rose Park, a 30-acre park featuring various recreational amenities. The property is zoned for retail use and is in Lake County, IL, zip code 60085. This established mall, originally opened in 1965, offers a unique blend of national and local retailers, creating a thriving commercial environment. The property is currently anchored by Home Depot. This presents a rare chance to acquire a well-positioned medical office space within a dynamic retail environment.

Property Features for 2103 Belvidere Rd

General Information

Property type
Restaurants
Lease Type
Gross Lease
RSF (Rentable sq. ft)
320,000 SF
Class
B
Total Rate
320000

Building Details

Stories
1

Unit(s) available at that property

Space
Restaurant
Size
8,000 SF
Rate per SF
$12
Space
Available Space 2
Size
20,000 SF
Rate per SF
$12
Space
Available Space 3
Size
2,500 SF
Rate per SF
$12

HighLights

  • 320,000 SF Class B medical office building in Waukegan, IL.
  • Single‑story building on a 20‑acre lot at 2103 Belvidere Rd, with 1,000 parking spaces.
  • Divisible spaces from 1,000 SF to 20,000 SF.
  • High‑traffic location (37,000 vehicles daily) near Naval Station Great Lakes and Corrine J. Rose Park.
  • Home Depot‑anchored retail center in a thriving commercial environment, serving a population of 105,000 within a 3‑mile radius.
Property Profile Location Intelligence

Current Use by Public Records

Corpus Dasalla Corporation ... Boutique

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Waukegan
County
Lake
State
Illinois
Longitude
-87.859378626412
Latitude
42.350335069087

FAQs

What type of property is this?
Restaurant - Waukegan, IL medical office suites available
Where is this restaurant located?
The property is located at 2103 Belvidere Rd Waukegan, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 320,000 SF Class B medical office building in Waukegan, IL.; Single-story building on a 20-acre lot at 2103 Belvidere Rd, with 1,000 parking spaces.; Divisible spaces from 1,000 SF to 20,000 SF.
More about this property
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