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    Waukegan, IL
    Conventional Restaurant

    Waukegan, IL Conventional Restaurants for Sale

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    Mixed-Use Brick Restaurant Building
    Updated: May 17, 2024
    Mixed-Use Brick Restaurant Building

    818 10th Street, Waukegan, IL 60085

    $449,900
    0.16 AC lot
    Mixed‑use brick building with concrete construction materials
    Restaurant space on the first floor with additional area for gambling machines
    Two apartments on the second floor
    Roof materials include rubber and membrane
    Cooling includes exhaust fan (cooling)
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    Mixed-Use Brick Building
    Updated: Jun 21, 2024
    Mixed-Use Brick Building

    818 10th Street, Waukegan, IL 60085

    $449,900
    4,538 sqft
    Mixed‑use brick building on a very active commercial street in southside Waukegan
    First‑floor Mexican restaurant
    Additional first‑floor space for gambling machines
    Potential sports bar space in addition to the restaurant and gambling area
    Two apartments on the second floor
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Freestanding Restaurant Building
    Freestanding Restaurant Building

    301 N. Milwaukee Avenue, Buffalo Grove, IL 60089

    Contact for pricing
    8,963 sqft 0.91 AC lot

    Freestanding restaurant building with approximately 8,963 square feet, recently renovated and supported by extensive surface parking.

    View details
    Indian Fusion Restaurant with Private Dining
    Indian Fusion Restaurant with Private Dining

    620 N Milwaukee Ave, Libertyville, IL 60048

    $599,000

    Indian fusion restaurant operating since January 2023 with capacity for about 120 guests and flexible private dining options.

    View details
    Restaurant Storefront For Sale
    Restaurant Storefront For Sale

    1000 Weiland Road, Buffalo Grove, IL 60089

    $159,900

    Restaurant storefront available for sale at 1000 Weiland Road, with access off Weiland Rd in Lake County.

    View details
    Retail Center Restaurant and Stores
    Retail Center Restaurant and Stores

    1742-1768 North Milwaukee Avenue, Libertyville, IL 60048

    Contact for pricing

    2003-built retail center offers contiguous storefront space and a second-generation restaurant suite with FF&E available.

    View details

    Waukegan, IL Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Waukegan, IL on our real estate platform. These investment opportunities span a total of 4,538 square feet of properties for sale, with an estimated market value of $899,800.

    Sale prices for conventional restaurants in Waukegan, IL average $449,900 — 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

    Conventional restaurants 2
    Drive through restaurants 2
    Bars & Pubs 1
    Breakfast & diners 1
    Coffee shops 1

    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 $449.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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