For Lease
$12/SF/YR

2103 Belvidere RdWaukegan, IL 60085

Waukegan, IL medical office suites available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
119
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.

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 Details for 2103 Belvidere Rd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
320,000 SF
Class
B
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

Location Insight

City
Waukegan
County
Lake
State
Illinois
Latitude
42.350335069087
Longitude
-87.859378626412
2103 Belvidere Rd, Waukegan, Illinois

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FAQs

What type of property is this?
Retail property - Waukegan, IL medical office suites available
Where is the retail property 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Theron May
Theron May
Visit Broker Website

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2103 Belvidere Rd, Waukegan, Illinois, 60085

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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2103 Belvidere Rd
  • Theron May
    Theron May
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