Value Add Retail Center on Route 21 Near Belvidere
No Longer Available For Sale
750 S. Milwaukee Ave.
Gurnee, IL 60031
11,750 SF
Neighborhood Retail Center
The Details
- 11,750 SF retail center
- Potential to add value
- Available units range from 1,500 SF to 6,600 SF
- Turn-key restaurant with bar, banquet hall including FF&E
- Opportunity for user or investor
- Close to Heather Ridge subdivision, Belvidere Rd. and I-94
- Great location for retail or office
- 342’ of frontage on Route 21
- Traffic Count: 20,300 cars daily
- Land Area: 2.16 acres
- Zoning: C2 PUD
- Taxes (2016): $40,622
An 11,750 square foot value-add retail center is available for sale. The property has available units ranging from 1,500 to 6,600 square feet, including a turn-key restaurant. The restaurant includes a bar and banquet area as well all fixtures and equipment ready for an operator to move in. This highly visible center has great potential for retail or office use due to its proximity to the Heather Ridge subdivision, Belvidere Rd. and I-94.
Gurnee is a 13.6 square mile town located about 40 miles north of downtown Chicago along I-94. The village has approximately 31,300 residents, an 8.5% increase over the last decade.