Taco Bell

For Sale

2780 Belvidere Rd, Waukegan, IL 60085

This Waukegan property for sale is located at 2780 Belvidere Rd. The current listed sale price for Taco Bell is $2,151,481. Taco Bell is situated on a lot that is 0.7 acre in size.

Contacts

broker
Nick Yaldo

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Freestanding
  • Property Size 2,642 SF
  • Lot Size 0.7 Acre
  • Property Tenancy Single Tenant
  • Year Built 2001
  • Year Renovated 2019
  • Date Updated Sep 24, 2025
Waukegan is a city in Lake County, Illinois, United States, and its county seat. Located 36 miles north of Chicago, Waukegan is a satellite city within the greater Chicago metropolitan area. As of the 2020 census, its population was 89,321, making it the most populous city in Lake County, the seventh-most populous city within the Chicago metropolitan area and the 10th-most populous city in Illinois. Lake County is a county located in the northeastern corner of the U.S. state of Illinois, along the shores of Lake Michigan. As of the 2020 census, it has a population of 714,342, making it the third-most populous county in Illinois. Its county seat is Waukegan, the tenth-largest city in Illinois. The county is primarily suburban, with some urban areas and some rural areas. Due to its location, immediately north of Cook County, Lake County is one of the collar counties of the Chicago metropolitan area. Its northern boundary is the Wisconsin state line. According to the 2010 census, Lake County is the second-wealthiest county in the state by per capita income, after DuPage County. Additionally, Lake County ranks as the 27th wealthiest county in the nation. The county includes the affluent North Shore communities of Lake Forest, Lake Bluff, and Highland Park, and much of the county's wealth is concentrated in this area, as well as in communities bordering Cook County to the south and McHenry County to the west. The north and northwest areas of the county, though historically rural and exurban, have experienced rapid suburbanization in the past three decades, while the lakefront communities of Waukegan, North Chicago, and Zion are postindustrial areas that have majority-minority populations. The Hispanic population has seen significant increases in nearly all areas of the county and comprise 24% of the county's population in 2020. Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census, while the Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the nation. Chicago is the seat of Cook County, the second-most populous county in the United States. Chicago was incorporated as a city in 1837 near a portage between the Great Lakes and the Mississippi River watershed. It grew rapidly in the mid-19th century. In 1871, the Great Chicago Fire destroyed several square miles and left more than 100,000 homeless, but Chicago's population continued to grow. Chicago made noted contributions to urban planning and architecture, such as the Chicago School, the development of the City Beautiful movement, and the steel-framed skyscraper..
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Highlights

  • 10+ Years Remain on an Original 20-Year Lease With Four (4) - Five (5) Year Options To Renew
  • 43-Miles To Downtown Chicago | Third Largest MSA In The Country
  • 5 Mile Household Income Exceeds $89,000
  • 5-Mile Population: 150,000
  • 60+ Unit Guarantor By Bell Great Lakes, LLC, an Affiliate Of Flynn Restaurant Group, Which Holds The Title For Largest Franchise Operator In The USA With Nearly 2,900+ QSR/Restaurant Units
  • Absolute Net Lease | Zero Landlord Responsibilities
  • Annual Rent Increases - Lease Benefits From Annual Rent Increases Of 1.25x The Increase In CPI Annually (Capped at 1.50%)
  • Excellent Visibility and Frontage From Belvidere Rd With Average Vehicle Count Per Day Exceeding 27,000
  • Top Performing Location With a Healthy Rent-To-Sales Ratio | 6.35% In 2022, 2023, and 2024 | Ranked 44 out of 152 Taco Bell Locations In a 50-Mile Radius Per Placer.Ai

Getting around

  • 66/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Waukegan, IL
  • Zip Code 60085
  • Market Chicago

Points of Interest

  • Waukegan

    2.29 miles

  • Great Lakes

    3.21 miles

  • County Fair Station

    3.29 miles

  • Scenic Railway (Hometown Station)

    3.55 miles

  • Hometown Square Station

    3.55 miles

  • Lake Bluff

    5.00 miles

  • Libertyville

    5.98 miles

  • Libertyville Metra Station

    5.99 miles

  • Zion

    7.38 miles

  • Prairie Crossing

    7.66 miles

  • BP

    0.15 miles

  • Speedway

    0.21 miles

  • Shell

    0.51 miles

  • Mobil

    1.02 miles

  • Murphy USA

    1.36 miles

  • Amoco

    1.42 miles

  • Citgo

    1.49 miles

  • Marathon

    2.05 miles

  • Blink

    6.65 miles

  • Volta

    8.33 miles

  • City of Waukegan Parking Garage

    2.07 miles

  • O'Plaine Park Parking Access

    2.18 miles

  • North Chicago Metra Station Parking

    2.23 miles

  • Lot K

    2.32 miles

  • Outdoor Recreational Storage Lot

    2.55 miles

  • Staff and Patient Parking Garage

    2.94 miles

  • LOT A Staff and Patient Parking

    3.00 miles

  • LOT C Patient Parking

    3.01 miles

  • LOT B Staff and Patient Parking

    3.02 miles

  • Pizza Hut Delivery

    0.03 miles

  • IHOP

    0.13 miles

  • Dunkin'

    0.13 miles

  • Little Caesars

    0.16 miles

  • White Castle

    0.22 miles

  • Checkers

    0.33 miles

  • Wendy's

    0.39 miles

  • Burger King

    0.46 miles

  • Brown's Chicken

    0.48 miles

  • El Famous Burrito

    0.51 miles

  • Carniceria y Fruteria el Mexicano

    0.61 miles

  • Save-A-Lot

    0.78 miles

  • Lewis Produce Market

    1.39 miles

  • Walmart Supercenter

    1.46 miles

  • ALDI

    1.47 miles

  • Jewel-Osco

    1.82 miles

  • Ross

    2.13 miles

  • Burlington

    2.30 miles

  • dd's Discounts

    2.36 miles

  • Tony's Fresh Market

    2.46 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Nick Yaldo

Encore Real Estate Investment Services

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