2253 Belvidere Rd, Waukegan, IL 60085

Spaces For Lease

at 2253 Belvidere Rd Contact us

Listing office Imperial Realty Company t***@imperialrealtyco.com Show Phone

Listing date Jul 27, 2023

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Storage Facility Kitchen & Bath Showroom Electrical Service HVAC Service Department Store Skin Care Clinic

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

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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.