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    Waukegan, IL
    Creative Space

    Waukegan, IL Creative Space for Sale

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    Historic Religious Facility With Ballroom
    Updated: Apr 4
    Historic Religious Facility With Ballroom

    220 N Sheridan Road, Waukegan, IL 60085

    $2,000,000
    0.24 AC lot
    Approximately 40,000 square feet in a 1923 concrete building
    Grand Ballroom, reception spaces, and multiple expansive gathering areas
    Historic Masonic Temple at 220 N Sheridan Road, Waukegan, IL 60085
    Views of Lake Michigan with proximity to the Genesee Theatre, shopping, restaurants, and transportation
    Situated within the TIF District and Illinois Enterprise Zone
    View details
    Religious Facility with Grand Ballroom
    Updated: Oct 31, 2025
    Religious Facility with Grand Ballroom

    220 North Sheridan Road, Waukegan, IL 60085

    $2,000,000
    10,567 sqft
    Approximately 40,000 square feet
    Constructed in 1923
    Grand Ballroom with multiple expansive gathering spaces
    Reception areas included within the building
    Views of Lake Michigan from North Sheridan Road
    View details
    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    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.

    Two-Story? No. Two Masonry Storefront Buildings
    Two-Story? No. Two Masonry Storefront Buildings

    1122 W Bryn Mawr Ave, Chicago, IL 60660

    Contact for pricing
    10,175 sqft 0.26 AC lot

    Two one-story masonry storefront buildings with wide bays and rear alley access on a lot with about 75 feet of frontage.

    View details
    Mixed-Use Property with Courtyard
    Mixed-Use Property with Courtyard

    1330 Webford Avenue, Des Plaines, IL 60016

    $399,900
    0.21 AC lot

    Block construction, updated interiors, and a private courtyard support varied commercial and residential use possibilities.

    View details
    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    205 W Main St, West Dundee, IL 60118

    Contact for pricing
    3,200 sqft

    Two-story commercial property with preserved architectural details, updated systems, flexible workspace, and multiple potential commercial configurations.

    View details
    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    3489 North Elston Avenue, Chicago, IL 60618

    Contact for pricing

    Ground-floor commercial space with a residential unit above and rear parking.

    View details

    Waukegan, IL Creative Space Market Trends and Statistics

    Explore 2 creative space for sale in Waukegan, IL on our real estate platform. These investment opportunities span a total of 10,567 square feet of properties for sale, with an estimated market value of $4,000,000.

    Sale prices for creative space in Waukegan, IL average $2,000,000 — 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

    Office Units 21
    Office buildings 12
    Creative space 2
    Medical Office Space 2

    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 $2M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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