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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See hot listings in Waukegan

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 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.

Flex Space with Overhead Door
Flex Space with Overhead Door

888 E Belvidere Road Unit: 415, Grayslake, IL 60030

$195,000
1,824 sqft

The unit combines office space with a rear area that can be reconfigured by removing existing partitions.

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Flex Industrial Condo with Loading Dock
Flex Industrial Condo with Loading Dock

415-888 E Belvidere Rd, Grayslake, IL 60030

$195,000
1,824 sqft

LI zoning allows uses such as machine shops, plastics manufacturing, equipment rental and beverage distribution.

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Office-Warehouse with Overhead Door
Office-Warehouse with Overhead Door

Libertyville, IL 60048

Contact for pricing
2,622 sqft

Freshly built-out office-warehouse includes office improvements and a 1020 overhead loading door.

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Canlan Sports - Libertyville
Canlan Sports - Libertyville

1950 Us Highway 45, Libertyville, IL 60048

Contact for pricing

NOW LEASING AT CANLAN SPORTS LIBERTYVILLE

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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.

4059-4081 Joseph Dr
Distribution properties

4059-4081 Joseph Dr, Waukegan, IL 60087

Estimated value: by Request
22,750 sqft
View details

Waukegan, IL Flex Space Market Trends and Statistics

Explore 3 flex space for sale in Waukegan, IL on our real estate platform. These investment opportunities span a total of 50,010 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 12
Manufacturing properties 3
Distribution centers 2

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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