Imperial Realty is pleased to offer the Belvidere Discount Mall Expansion, 16 acres of land available for lease or build-to-suit construction for users in Waukegan adjacent to the Home Depot and Belvidere Mall. The site is in the Waukegan Enterprise Zone and is also within Opportunity Zone 1 of Waukegan. The site could work for industrial, retail, residential or specialty use. The estimated gross leasable area is 500,000 square feet. The property is also across from Corrine J. Rose Park which includes boasts nearly 30 acres of park land with basketball courts, baseball/softball diamonds, concessions, horseshoe pits, ice skating, volleyball, greenhouse and hiking/jogging paths.
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. Naval Station Great Lakes (Great Lakes Naval Training Station) is located just 3 miles south of the mall. Thomas Jefferson Middle School is adjacent to the mall.
For more information about the surrounding area, please visit the link(s) below:
http://www.waukeganchamber.org | http://www.waukeganweb.net/
Use: Retail/Land Available Space: 500,000 SF