Waukegan Development Land For
For Lease
Contact for pricing
2253 Belvidere Rd, Waukegan, IL 60085
16 acres available for lease near Belvidere Mall.
Space SizeContact for details
Lot Size16.00 Acres
Days on Market1121
Property Features for 2253 Belvidere Rd
General Information
Standard status
Active
Lot size
16.00 Acres
Property subtype
Land
Building Details
Tenancy
Single
Listing Agency:
Imperial Realty Company
(773) 736-6461
Listed By:
Theron May · License #IL 471.019986
Source:
Crexi
Added: Jul 27, 2023
Changed: Aug 19
Last Checked: Aug 18 at 12:47PM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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.
