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3220 N Lewis Ave
Waukegan, IL 60087
Starbucks · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 8.5 Years Remaining on Corporately Guaranteed Lease, Plus Four 5-Year Renewal Options
  • 2023 Build-to-Suit With Drive-Through
  • Located in the Chicago MSA, Halfway Between Chicago and Milwaukee, With a Population of 150,943 Within 5 Miles
  • 10 Percent Rent Increase Every Five Years in Firm Term and Renewal Options
  • Just North of 30,800+ AADT Signalized Intersection on Retail Corridor Anchored by Ace Hardware, Target and Jewel-Osco
  • Starbucks Operates 31,000+ Locations and Brought in $36.17 Billion in Revenue in 2024

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,360 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.45 AC
Zoning
B-2 - Community Shopping
Parking
16 Spaces (6.78 Spaces per 1,000 SF Leased)
Frontage
140’ on N. Lewis Ave.

AMENITIES

  • Signage
  • Drive Thru
  • Monument Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-05-109-018
Land Assessment
$433,999
Improvements Assessment
$670,338
Total Assessment
$1,104,337
  • Listing ID: 35636153

  • Date on Market: 4/25/2025

  • Last Updated:

  • Address: 3220 N Lewis Ave, Waukegan, IL 60087

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