Redevelopment in Progress: Formerly operated as a 7-Eleven, the site is undergoing a comprehensive redevelopment featuring a remodeled ±2,386 SF convenience store. Upgrades include the installation of brand-new, double-wall underground storage tanks, new fuel dispensers, and a modern fuel canopy. These improvements are designed to meet current environmental and safety standards while enhancing operational efficiency and consumer appeal.
Expected Completion – December 2025: Project completion is targeted for December 2025. The seller is actively marketing the property in advance, presenting investors with an opportunity to secure a fully modernized retail fuel asset ahead of delivery. Early acquisition may also provide flexibility in aligning final design and operational elements with investor preferences.
Modernized C-Store: The convenience store will feature a fully remodeled interior with a code-compliant mercantile buildout. Enhancements include a more efficient layout, improved product flow, and full ADA accessibility—supporting broader customer reach and compliance with regulatory standards.
Due Diligence Package: A detailed due diligence package is available for qualified buyers and includes construction drawings, site plans, and financial projections. These materials enable streamlined underwriting and informed decision-making, supporting investor confidence in the project’s scope and potential.
Prime Location: The property offers direct frontage along Green Bay Road, a major north–south arterial with strong daily traffic volume and excellent visibility. Its location adjacent to Waukegan National Airport enhances accessibility and captures demand from both local and transient drivers.
Chicago Metro Market: Situated just north of Waukegan and approximately ±45 miles from downtown Chicago, the site benefits from proximity to one of the Midwest’s most expansive and economically diverse metropolitan statistical areas. The region features strong commuter traffic, a stable residential base, and sustained demand for essential retail and fueling services.