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Belvidere Discount Mall 2135-2251 Belvidere Rd 300 - 395,112 SF of Space Available in Waukegan, IL 60085

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HIGHLIGHTS

  • Belvidere Cinema Gallery (movie theater) - FREE ADMISSION!

SPACE AVAILABILITY (12)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 364,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
2107 Belvidere Rd - 1st Floor
Space Use
Industrial
Condition
Full Build-Out
Availability
2027-02-01

Spec warehouse building 364,120 sqft. 16 acre property

  • 1st Floor, Ste A-1&2
  • 1,211 SF
  • Negotiable
  • $13.96 CAD/SF/YR $1.16 CAD/SF/MO $16,905 CAD/YR $1,409 CAD/MO
  • Modified Gross
2019-2251 Belvidere Rd - 1st Floor - Ste A-1&2
Space Use
Retail
Condition
Full Build-Out
Availability
Now

$1,009 + $50 Mer. fee

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • 1st Floor, Ste A-10 2121
  • 4,300 SF
  • 1-5 Years
  • $13.96 CAD/SF/YR $1.16 CAD/SF/MO $60,025 CAD/YR $5,002 CAD/MO
  • Modified Gross
2019-2251 Belvidere Rd - 1st Floor - Ste A-10 2121
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Rental Rate: 3583 gross per month plus 100 merchants fee.

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 7,380 SF of adjacent space
  • Central Air Conditioning
  • 1st Floor, Ste A-17 2145
  • 3,814-11,248 SF
  • Negotiable
  • $13.96 CAD/SF/YR $1.16 CAD/SF/MO $157,013 CAD/YR $13,084 CAD/MO
  • Modified Gross
2019-2251 Belvidere Rd - 1st Floor - Ste A-17 2145
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Belvidere Theatres.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • 1st Floor, Ste A-18 2147
  • 1,225 SF
  • Negotiable
  • $13.96 CAD/SF/YR $1.16 CAD/SF/MO $17,100 CAD/YR $1,425 CAD/MO
  • Modified Gross
2019-2251 Belvidere Rd - 1st Floor - Ste A-18 2147
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

+$50 mer. fee

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • 1st Floor, Ste A-9A 2119
  • 3,080 SF
  • Negotiable
  • $13.96 CAD/SF/YR $1.16 CAD/SF/MO $42,994 CAD/YR $3,583 CAD/MO
  • Modified Gross
2019-2251 Belvidere Rd - 1st Floor - Ste A-9A 2119
Space Use
Retail
Condition
Full Build-Out
Availability
Now

$2,567 + $100 Mer. fee

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 7,380 SF of adjacent space
  • Central Air Conditioning
  • 1st Floor, Ste B-1
  • 3,649 SF
  • Negotiable
  • $16.75 CAD/SF/YR $1.40 CAD/SF/MO $61,125 CAD/YR $5,094 CAD/MO
  • Triple Net (NNN)
2019-2251 Belvidere Rd - 1st Floor - Ste B-1
Space Use
Retail
Condition
-
Availability
Now

exterior entry exterior signage

  • Lease rate does not include utilities, property expenses or building services
  • exterior signage
  • exterior entry
  • 1st Floor, Ste D7-D8
  • 4,627 SF
  • Negotiable
  • $16.75 CAD/SF/YR $1.40 CAD/SF/MO $77,507 CAD/YR $6,459 CAD/MO
  • Triple Net (NNN)
2019-2251 Belvidere Rd - 1st Floor - Ste D7-D8
Space Use
Retail
Condition
Full Build-Out
Availability
Now

exterior entry exterior signage

  • Lease rate does not include utilities, property expenses or building services
  • High End Trophy Space
  • exterior mall signage
  • 1st Floor, Ste E-1
  • 872 SF
  • Negotiable
  • $13.96 CAD/SF/YR $1.16 CAD/SF/MO $12,172 CAD/YR $1,014 CAD/MO
  • Modified Gross
2019-2251 Belvidere Rd - 1st Floor - Ste E-1
Space Use
Retail
Condition
Full Build-Out
Availability
Now

872 SF at Belvidere Discount Mall.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • 1st Floor, Ste K-10
  • 300 SF
  • Negotiable
  • $55.84 CAD/SF/YR $4.65 CAD/SF/MO $16,751 CAD/YR $1,396 CAD/MO
  • Modified Gross
2019-2251 Belvidere Rd - 1st Floor - Ste K-10
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Kiosk

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • 1st Floor, Ste K-11
  • 300 SF
  • 1-3 Years
  • $55.84 CAD/SF/YR $4.65 CAD/SF/MO $16,751 CAD/YR $1,396 CAD/MO
  • Modified Gross
2019-2251 Belvidere Rd - 1st Floor - Ste K-11
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

Kiosk

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • 1st Floor, Ste K-3
  • 300 SF
  • 1-5 Years
  • $55.84 CAD/SF/YR $4.65 CAD/SF/MO $16,751 CAD/YR $1,396 CAD/MO
  • Modified Gross
2019-2251 Belvidere Rd - 1st Floor - Ste K-3
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Kiosk

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
Space Size Term Rental Rate Rent Type
1st Floor 364,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste A-1&2 1,211 SF Negotiable $13.96 CAD/SF/YR $1.16 CAD/SF/MO $16,905 CAD/YR $1,409 CAD/MO Modified Gross
1st Floor, Ste A-10 2121 4,300 SF 1-5 Years $13.96 CAD/SF/YR $1.16 CAD/SF/MO $60,025 CAD/YR $5,002 CAD/MO Modified Gross
1st Floor, Ste A-17 2145 3,814-11,248 SF Negotiable $13.96 CAD/SF/YR $1.16 CAD/SF/MO $157,013 CAD/YR $13,084 CAD/MO Modified Gross
1st Floor, Ste A-18 2147 1,225 SF Negotiable $13.96 CAD/SF/YR $1.16 CAD/SF/MO $17,100 CAD/YR $1,425 CAD/MO Modified Gross
1st Floor, Ste A-9A 2119 3,080 SF Negotiable $13.96 CAD/SF/YR $1.16 CAD/SF/MO $42,994 CAD/YR $3,583 CAD/MO Modified Gross
1st Floor, Ste B-1 3,649 SF Negotiable $16.75 CAD/SF/YR $1.40 CAD/SF/MO $61,125 CAD/YR $5,094 CAD/MO Triple Net (NNN)
1st Floor, Ste D7-D8 4,627 SF Negotiable $16.75 CAD/SF/YR $1.40 CAD/SF/MO $77,507 CAD/YR $6,459 CAD/MO Triple Net (NNN)
1st Floor, Ste E-1 872 SF Negotiable $13.96 CAD/SF/YR $1.16 CAD/SF/MO $12,172 CAD/YR $1,014 CAD/MO Modified Gross
1st Floor, Ste K-10 300 SF Negotiable $55.84 CAD/SF/YR $4.65 CAD/SF/MO $16,751 CAD/YR $1,396 CAD/MO Modified Gross
1st Floor, Ste K-11 300 SF 1-3 Years $55.84 CAD/SF/YR $4.65 CAD/SF/MO $16,751 CAD/YR $1,396 CAD/MO Modified Gross
1st Floor, Ste K-3 300 SF 1-5 Years $55.84 CAD/SF/YR $4.65 CAD/SF/MO $16,751 CAD/YR $1,396 CAD/MO Modified Gross

2107 Belvidere Rd - 1st Floor

Size
364,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Industrial
Condition
Full Build-Out
Availability
2027-02-01

Spec warehouse building 364,120 sqft. 16 acre property

2019-2251 Belvidere Rd - 1st Floor - Ste A-1&2

Size
1,211 SF
Term
Negotiable
Rental Rate
$13.96 CAD/SF/YR $1.16 CAD/SF/MO $16,905 CAD/YR $1,409 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

$1,009 + $50 Mer. fee

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

2019-2251 Belvidere Rd - 1st Floor - Ste A-10 2121

Size
4,300 SF
Term
1-5 Years
Rental Rate
$13.96 CAD/SF/YR $1.16 CAD/SF/MO $60,025 CAD/YR $5,002 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Rental Rate: 3583 gross per month plus 100 merchants fee.

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 7,380 SF of adjacent space
  • Central Air Conditioning

2019-2251 Belvidere Rd - 1st Floor - Ste A-17 2145

Size
3,814-11,248 SF
Term
Negotiable
Rental Rate
$13.96 CAD/SF/YR $1.16 CAD/SF/MO $157,013 CAD/YR $13,084 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Belvidere Theatres.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

2019-2251 Belvidere Rd - 1st Floor - Ste A-18 2147

Size
1,225 SF
Term
Negotiable
Rental Rate
$13.96 CAD/SF/YR $1.16 CAD/SF/MO $17,100 CAD/YR $1,425 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

+$50 mer. fee

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

2019-2251 Belvidere Rd - 1st Floor - Ste A-9A 2119

Size
3,080 SF
Term
Negotiable
Rental Rate
$13.96 CAD/SF/YR $1.16 CAD/SF/MO $42,994 CAD/YR $3,583 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

$2,567 + $100 Mer. fee

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 7,380 SF of adjacent space
  • Central Air Conditioning

2019-2251 Belvidere Rd - 1st Floor - Ste B-1

Size
3,649 SF
Term
Negotiable
Rental Rate
$16.75 CAD/SF/YR $1.40 CAD/SF/MO $61,125 CAD/YR $5,094 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
-
Availability
Now

exterior entry exterior signage

  • Lease rate does not include utilities, property expenses or building services
  • exterior signage
  • exterior entry

2019-2251 Belvidere Rd - 1st Floor - Ste D7-D8

Size
4,627 SF
Term
Negotiable
Rental Rate
$16.75 CAD/SF/YR $1.40 CAD/SF/MO $77,507 CAD/YR $6,459 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

exterior entry exterior signage

  • Lease rate does not include utilities, property expenses or building services
  • High End Trophy Space
  • exterior mall signage

2019-2251 Belvidere Rd - 1st Floor - Ste E-1

Size
872 SF
Term
Negotiable
Rental Rate
$13.96 CAD/SF/YR $1.16 CAD/SF/MO $12,172 CAD/YR $1,014 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

872 SF at Belvidere Discount Mall.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

2019-2251 Belvidere Rd - 1st Floor - Ste K-10

Size
300 SF
Term
Negotiable
Rental Rate
$55.84 CAD/SF/YR $4.65 CAD/SF/MO $16,751 CAD/YR $1,396 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Kiosk

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

2019-2251 Belvidere Rd - 1st Floor - Ste K-11

Size
300 SF
Term
1-3 Years
Rental Rate
$55.84 CAD/SF/YR $4.65 CAD/SF/MO $16,751 CAD/YR $1,396 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

Kiosk

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

2019-2251 Belvidere Rd - 1st Floor - Ste K-3

Size
300 SF
Term
1-5 Years
Rental Rate
$55.84 CAD/SF/YR $4.65 CAD/SF/MO $16,751 CAD/YR $1,396 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Kiosk

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT BELVIDERE DISCOUNT MALL

  • Home Depot

PROPERTY FACTS

Total Space Available 395,112 SF
Min. Divisible 300 SF
Max. Contiguous 7,380 SF
Center Type Community Center
Parking 3406 Spaces
Stores 30
Center Properties 3
Gross Leasable Area 267,527 SF
Total Land Area 38.00 AC
Year Built 1965

ABOUT THE PROPERTY

The Belvidere Discount Mall has developed a market niche within its community with a unique tenant mix along with our best of both worlds physical layout. With a mixture of regional and national retailers and a dominance of local retailers and service businesses, we offer shoppers a one-of-a-kind unique shopping environment, rather than a cookie-cutter mall with the same tenants that can be found in hundreds of other malls across the country. Our store sizes range from 300 square feet on up to further enhance our variety. Most of our retailers have taken a no-frills marketing concept which allows them to offer true discount prices. Our image within the community is that of a truly discount mall as we offer the convenience of an enclosed shopping mall with all the advantages of a strip center street identity signage for all tenants, single-floor layout, and a simple floor plan so your store, and your customers, won' t get lost in the shuffle. Belvidere Cinema Gallery showcase movies monthly with free admission! The Belvidere Discount Mall first opened in 1965 as the first and only enclosed mall in Lake County, and the first along the shore between Chicago and Milwaukee. Today it is anchored by Home Depot and is home to many successful regional retailers. •The city expects to develop one million additional square feet of retail, hospitality, recreational, educational and cultural facilities over the next two decades.

  • Restaurant
  • Signage
  • Enclosed Mall

ATTACHMENTS

Mall brochure
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

PNC Bank
IHOP
Curves
Checkers
  • Listing ID: 13407046

  • Date on Market: 2025-10-14

  • Last Updated:

  • Address: 2135-2251 Belvidere Rd, Waukegan, IL 60085

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