2103 Belvidere RdWaukegan, IL 60085

Property Details for 2103 Belvidere Rd

Property size (Sq ft)

320,000 SF

Property type

Retail properties

Property subtype

Restaurants

Description

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.

Location Insight

City

Waukegan

County

Lake

State

Illinois

Latitude

42.3503

Longitude

-87.8594

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