2253-2309 Belvidere Rd
Waukegan, IL 60085
Lake County retail development · Land For Lease

Development land available adjacent to the Belvidere Mall which is anchored by Home Depot. Property is in both an Enterprise Zone and an Opportunity Zone. Imperial Realty is pleased to offer 16 acres of land available for lease or build-to-suit construction for retailers and office users in Waukegan adjacent to the Home Depot and Belvidere Mall. Big Box, Mid Box, Small Shop and Pad Sites are available. The estimated gross leaseable area is 500,000 square feet. The market provides a population of 106,561 in 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 Pop: 5,317 Businesses with 71,778 Employees within a 5 mile radius. Traffic: 24,300 Vehicles per day on Route 120 (Belvidere Road) provides approximately 24,000 vehicles per day while Lewis Avenue provides approximately 13,500 Vehicles per day •The city expects to develop one million additional square feet of retail, hospitality, recreational, educational and cultural facilities over the next two decades.