Contacts

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
Reach out to the broker for more info on lease terms and amenities
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
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Waukegan, IL
- Zip Code 60085
- Market Chicago
Points of Interest
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Waukegan
2.29 miles
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Great Lakes
3.21 miles
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County Fair Station
3.29 miles
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Scenic Railway (Hometown Station)
3.55 miles
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Hometown Square Station
3.55 miles
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Lake Bluff
5.00 miles
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Libertyville
5.98 miles
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Libertyville Metra Station
5.99 miles
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Zion
7.38 miles
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Prairie Crossing
7.66 miles
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BP
0.15 miles
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Speedway
0.21 miles
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Shell
0.51 miles
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Mobil
1.02 miles
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Murphy USA
1.36 miles
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Amoco
1.42 miles
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Citgo
1.49 miles
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Marathon
2.05 miles
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Blink
6.65 miles
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Volta
8.33 miles
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City of Waukegan Parking Garage
2.07 miles
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O'Plaine Park Parking Access
2.18 miles
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North Chicago Metra Station Parking
2.23 miles
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Lot K
2.32 miles
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Outdoor Recreational Storage Lot
2.55 miles
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Staff and Patient Parking Garage
2.94 miles
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LOT A Staff and Patient Parking
3.00 miles
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LOT C Patient Parking
3.01 miles
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LOT B Staff and Patient Parking
3.02 miles
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Pizza Hut Delivery
0.03 miles
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IHOP
0.13 miles
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Dunkin'
0.13 miles
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Little Caesars
0.16 miles
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White Castle
0.22 miles
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Checkers
0.33 miles
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Wendy's
0.39 miles
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Burger King
0.46 miles
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Brown's Chicken
0.48 miles
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El Famous Burrito
0.51 miles
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Carniceria y Fruteria el Mexicano
0.61 miles
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Save-A-Lot
0.78 miles
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Lewis Produce Market
1.39 miles
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Walmart Supercenter
1.46 miles
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ALDI
1.47 miles
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Jewel-Osco
1.82 miles
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Ross
2.13 miles
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Burlington
2.30 miles
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dd's Discounts
2.36 miles
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Tony's Fresh Market
2.46 miles
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.

Encore Real Estate Investment Services