773-355-3048
226 S Sheridan Rd, Waukegan, IL for Sale
Restaurant - FOR SALE
1/11
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226 S Sheridan Rd
Waukegan, IL 60085
Downtown Waukegan


HIGHLIGHTS

  • Freestanding 3,700 SF office/retail space on almost one acre across three parcels.
  • 39 dedicated parking spaces for customer and staff convenience.
  • High-visibility corner with 273 feet of frontage along Belvidere Road and 188 feet along S. Sheridan Road.
  • Proximity to Great Lakes Naval Station, Six Flags Great America, and Gurnee Mills Mall, driving steady traffic and business activity.
  • Positioned near major roadways with traffic counts up to 19,800 vehicles per day and easy access to Chicago Rockford International Airport.

OVERVIEW

This 3,700 SF free-standing office/retail property presents an outstanding ownership opportunity in the heart of Waukegan, Illinois. Occupying nearly one acre across three lots, the building offers exceptional visibility with extensive frontage on S. Sheridan Road and Belvidere Road—two well-traveled thoroughfares with daily traffic counts of 3,250 VPD and 19,800 VPD respectively. The site is supported by 39 on-site parking spaces, ensuring ease of access for customers, employees, and visitors. Located less than four miles from the Great Lakes Naval Station, the property benefits from a steady employment base and strong daytime population drivers. Nearby attractions include Six Flags Great America and Gurnee Mills Mall, positioned just minutes away, expanding the trade area draw. Key retail brands are located close by, reinforcing consumer traffic and neighborhood vitality. The property is also conveniently positioned within 33 miles of Chicago Rockford International Airport, adding logistical efficiency for regional connectivity. With generous frontage, strong roadway visibility, and a surrounding population exceeding 146,000 within a five-mile radius, this property is an excellent candidate for a business owner or investor seeking a stable, well-located asset.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

B-3

APN/PARCEL ID

08-28-205-016

ASK ABOUT THIS PROPERTY

Mike PetrikLee & AssociatesMore Info
773-355-3048

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Mike PetrikLee & AssociatesMore Info
773-355-3048

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.