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    Waukegan, IL Commercial Land for Sale

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    North Chicago, IL Park City, IL Gurnee, IL Beach Park, IL Zion, IL Lake Bluff, IL Wadsworth, IL Lake Forest, IL
    15 properties
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    Prime Corner Development Site Available
    Updated: Sep 30, 2025
    Prime Corner Development Site Available

    Brookside Avenue, Waukegan, IL 60085

    $700,000
    1.52 AC lot
    1.52‑acre corner development site with high visibility on N Green Bay Rd (Route 131) and Brookside Ave.
    Over 394 feet of frontage on Green Bay Rd and 300 feet along Brookside.
    Zoned B‑3 General Commercial, allowing a wide range of uses (auto dealership, QSR, retail, service, medical, or mixed commercial).
    Located within Waukegan's established auto dealership corridor, near Kia, Toyota, Pep Boys, and Thorntons.
    Fully served by utilities to the site, including Natural Gas Available.
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    Waukegan Land Development Opportunity
    Updated: Aug 20, 2025
    Waukegan Land Development Opportunity

    1213 Grand Avenue, Waukegan, IL 60085

    $559,000
    1.49 AC lot
    Prime development opportunity with 65,000 sq. ft. of vacant land at the intersection of Grand Ave. and Pine St.
    Zoned B‑2 and B‑3, allowing for a wide range of commercial development possibilities.
    High visibility and accessibility with 142 feet of frontage on Grand Avenue.
    Located in a well‑populated residential and commercial district with steady foot and vehicle traffic.
    Close proximity to national retailers, Sheridan Road, the lakefront, and Downtown Waukegan.
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    Waukegan Land Bundle For Sale
    Waukegan Land Bundle For Sale

    1504 W Glen Flora Avenue, Waukegan, IL 60085

    $499,999
    11.76 AC lot

    Three parcels of land totaling 11.76 acres in Waukegan, IL.

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    Commercial Lot in Waukegan, IL
    Commercial Lot in Waukegan, IL

    603 N Austin Avenue, Waukegan, IL 60085

    $199,900

    Fenced commercial lot near major intersections, suitable for parking/development.

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    Commercial Double Lot with Street Frontage
    Commercial Double Lot with Street Frontage

    12350 W Blossom Avenue, Waukegan, IL 60087

    Contact for pricing
    0.74 AC lot

    Build-ready commercial land with 240 feet of frontage on Blossom Avenue and additional frontage on Frolic Avenue.

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    Waukegan Land For Sale
    Waukegan Land For Sale

    1730 W Beach Road, Waukegan, IL 60087

    $152,900
    1.41 AC lot

    1.41 acre corner lot ready for development in Waukegan.

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    Commercial Land on Belvidere Road
    Commercial Land on Belvidere Road

    3027 Belvidere Road, Waukegan, IL 60085

    $300,000
    1.70 AC lot

    1.7-acre commercial land with high visibility on Belvidere Road.

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    Vacant Commercial Development Land
    Vacant Commercial Development Land

    180 S County Street, Waukegan, IL 60085

    $37,999
    0.73 AC lot

    Vacant commercial lot with rolling terrain and public utilities available for flexible development or long-term plans.

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    Land Near Lake Michigan
    Land Near Lake Michigan

    312 Oak Street, Waukegan, IL 60085

    Contact for pricing
    0.16 AC lot

    Commercial land with partial lake view, close to downtown.

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    Waukegan Development Opportunity
    Waukegan Development Opportunity

    200 N Green Bay Rd, Waukegan, IL 60085

    Contact for pricing
    5.69 AC lot

    5.69-acre site for retail, multifamily, or mixed-use development.

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    Commercial Land in High-Traffic Area
    Commercial Land in High-Traffic Area

    502 Belvidere Road, Waukegan, IL 60085

    $49,900
    0.17 AC lot

    Commercial land with high visibility and seller financing options.

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    Commercial Land Development Opportunity
    Commercial Land Development Opportunity

    35400 North Green Bay Road, Waukegan, IL 60085

    $499,000
    2.40 AC lot

    2.4 acres at a highly-trafficked, stoplight "hard corner".

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    502 Belvidere Road, Waukegan, IL 60085

    $49,900
    0.17 AC lot

    Commercial land for sale in high-traffic area.

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    Gurnee Industrial Land Opportunity
    Gurnee Industrial Land Opportunity

    Sunset Ave, Waukegan, IL

    $2,550,000
    9.73 AC lot

    9.73 acre industrial land with utilities in place.

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    23.49 Acre Vacant Land
    23.49 Acre Vacant Land

    38101 N Sheridan Rd, Waukegan, IL 60087

    $1,049,000
    23.49 AC lot

    Vacant land with frontage on Sheridan Road, many potential uses.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land in Park City
    Commercial Land in Park City

    3298 7th Street, Park City, IL 60085

    Contact for pricing

    Commercial land at a busy intersection near City Hall.

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    Gurnee Land for Sale
    Gurnee Land for Sale

    1301 Skokie Hwy., Gurnee, IL 60031

    Contact for pricing
    2.25 AC lot

    2.25 acres at Milwaukee Ave (Rte. 41) and St. Paul Ave.

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    Commercial Land Ideal for Development
    Commercial Land Ideal for Development

    35923 Barberry Ln, Gurnee, IL 60031

    $598,000

    Commercial land parcel suitable for retail or office development.

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    Corner Parcel in Expanding Area
    Corner Parcel in Expanding Area

    33564 Greenleaf Street, Park City, IL 60085

    $39,999
    0.80 AC lot

    Commercial corner parcel near new casino with development potential.

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    Off-Market Properties in Waukegan, IL

    Consider similar Off-Market properties in Waukegan, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Market St
    VACANT COMMERCIAL LAND

    Market St, Waukegan, IL 60085

    Value Estimation by Request
    0.11 AC lot
    View details
    36580 Delany Rd
    VACANT COMMERCIAL LAND

    36580 Delany Rd, Waukegan, IL 60085

    $4,275,000
    Estimated value
    4.37 AC lot
    View details
    Delany Rd
    VACANT COMMERCIAL LAND

    Delany Rd, Waukegan, IL 60085

    $4,230,000
    Estimated value
    0.17 AC lot
    View details
    2200 Delany Rd
    VACANT COMMERCIAL LAND

    2200 Delany Rd, Waukegan, IL 60087-1930

    $4,275,000
    Estimated value
    18.97 AC lot
    View details
    34936 Austin Ave
    VACANT COMMERCIAL LAND

    34936 Austin Ave, Waukegan, IL 60085

    Value Estimation by Request
    0.39 AC lot
    View details
    34924 Austin Ave
    VACANT COMMERCIAL LAND

    34924 Austin Ave, Waukegan, IL 60085

    Value Estimation by Request
    0.39 AC lot
    View details
    Market St
    VACANT COMMERCIAL LAND

    Market St, Waukegan, IL 60085

    Value Estimation by Request
    View details
    2301 Belvidere Rd
    VACANT COMMERCIAL LAND

    2301 Belvidere Rd, Waukegan, IL 60085-6902

    Value Estimation by Request
    4.91 AC lot
    View details
    2301 Belvidere Rd
    VACANT COMMERCIAL LAND

    2301 Belvidere Rd, Waukegan, IL 60085-6902

    Value Estimation by Request
    3.53 AC lot
    View details

    Waukegan, IL Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Waukegan, IL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $7,258,298.

    Sale prices for commercial lots in Waukegan, IL start at $0.00, averaging $403,238, and reaching up to $2,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 18
    Residential land & home lots 8
    Industrial land 3

    Demographics Overview

    Population 100K
    Population Growth (5Y) +2.8%
    Median Household Income $68,390
    College Educated 16.7%

    High-Yield Neighborhoods for Investment

    Identify Waukegan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60085 $287.6K
    60087 $601K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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    • 60085
    • 60087

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