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    Waukegan, IL
    Flex Space

    Waukegan, IL Flex Space for Sale

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    Industrial Flex Building
    Updated: Aug 11
    Industrial Flex Building

    345 Lakewood Avenue, Waukegan, IL 60085

    Contact for pricing
    50,010 sqft 4.80 AC lot
    50,010 SF industrial flex building on 4.8 acres
    Approximately 6,000 SF of office build‑to‑suit space
    17'-24' clear height with 3 exterior docks
    2 drive‑in doors, with ability to expand to 3‑8 drive‑in doors
    1,200 Amps of power and wet system sprinklers
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    Well-Located Multi-Unit Industrial Flex
    Updated: May 19
    Well-Located Multi-Unit Industrial Flex

    4059-4081 Joseph Drive, Waukegan, IL 60087

    Contact for pricing
    1.42 AC lot
    Well maintained 7‑unit industrial flex property on a 1.42‑acre site
    100% leased with rent roll available upon request
    NOI of $163,554.34
    Easy access to major routes via nearby US Rt. 41, IL Rt. 132, and I‑94
    Includes a flex unit available for lease with good loading and nicely appointed offices
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    Single-Tenant Office Campus
    Single-Tenant Office Campus

    2100 Norman Dr, Waukegan, IL 60085

    Contact for pricing
    116,500 sqft

    Headquarters offices and laboratory facilities operate under a long-term net lease with CPI-based annual escalations.

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    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 8 Potential Opportunities for your consideration. Besides 3 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    5-Unit Flex Space
    5-Unit Flex Space

    197 Peterson Road 191-199, Libertyville, IL 60048

    $1,599,000
    13,398 sqft

    Versatile commercial property with drive-in access, dedicated parking, and multiple units for retail, service, or office occupancy.

    View details
    Canlan Sports - Libertyville
    Canlan Sports - Libertyville

    1950 Us Highway 45, Libertyville, IL 60048

    Contact for pricing

    NOW LEASING AT CANLAN SPORTS LIBERTYVILLE

    View details
    Flex Space With Air-Conditioned Offices
    Flex Space With Air-Conditioned Offices

    201 Park Ave, Lake Villa, IL 60046

    Contact for pricing

    Warehouse improvements include updated HVAC, motion-sensor LED lighting, and CAT wiring.

    View details
    Versatile Commercial Property on Milwaukee Ave
    Versatile Commercial Property on Milwaukee Ave

    35220 N Illinois 83, Lake Villa, IL 60046

    Contact for pricing
    5,788 sqft 2.00 AC lot

    Contractor property with office, shop space, and fenced yard.

    View details

    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.

    4059-4081 Joseph Dr
    Distribution properties

    4059-4081 Joseph Dr, Waukegan, IL 60087

    Value Estimation by Request
    22,750 sqft
    View details

    Waukegan, IL Flex Space Market Trends and Statistics

    Explore 4 flex space for sale in Waukegan, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 166,510 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 14
    Distribution centers 3
    Manufacturing properties 3
    Truck terminals 1

    Demographics Overview

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

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Waukegan fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Waukegan, IL

    • 60085
    • 60087

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