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    Waukegan, IL
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    Waukegan, IL Industrial Properties for Sale

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    North Chicago, IL Park City, IL Gurnee, IL Chicago, IL Beach Park, IL Zion, IL Lake Bluff, IL Wadsworth, IL
    89,000 SF Warehouse with Offices
    Updated: Jan 12
    89,000 SF Warehouse with Offices

    651 S Martin Luther King Jr Avenue, Waukegan, IL 60085

    $1,900,000
    89,000 sqft
    89,000 sq foot warehouse suitable for distribution, manufacturing, or storage.
    Ample on‑site parking for over 240 cars.
    High ceilings and large loading docks facilitate efficient operations.
    Multiple offices with large windows provide natural sunlight.
    Fully conditioned with heating and a sprinkler system.
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    Updated Manufacturing Property
    Updated: Aug 5
    Updated Manufacturing Property

    3055 Westwaukee Road, Waukegan, IL 60085

    $750,000
    More than 6,000 SF of building area on over an acre
    Approximately 2,500 SF machinist shop in Unit #1
    Approximately 3,600 SF mechanics shop in Unit #2
    Updated building constructed in 1984
    Some equipment included; exclusions remain TBD
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    Waukegan Warehouse with Outdoor Storage
    Waukegan Warehouse with Outdoor Storage

    1445 11th St, Waukegan, IL 60085

    Contact for pricing
    82,500 sqft 4.12 AC lot

    82,500 SF warehouse on 4.12 acres with fenced storage.

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    Waukegan Warehouse with Flexible Workspace
    Waukegan Warehouse with Flexible Workspace

    651 S Martin Luther King Dr, Waukegan, IL

    Contact for pricing
    86,000 sqft 2.06 AC lot

    86,000 SF warehouse suitable for distribution, manufacturing, or storage.

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    Well-Located Multi-Unit Industrial Flex
    Well-Located Multi-Unit Industrial Flex

    4059-4081 Joseph Drive, Waukegan, IL 60087

    Contact for pricing
    1.42 AC lot

    Seven-unit industrial flex property on a 1.42-acre site, 100% leased and well maintained.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Freestanding Office Light Manufacturing Building
    Freestanding Office Light Manufacturing Building

    1550 Green Bay Road, North Chicago, IL 60064

    Contact for pricing
    5,400 sqft 0.58 AC lot

    Completely updated freestanding building with office-ready layout, drive-in door, rear yard, and substantial parking.

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    Gurnee Warehouse with Office Space
    Gurnee Warehouse with Office Space

    1675 N Delany Rd, Gurnee, IL

    Contact for pricing
    34,200 sqft 3.00 AC lot

    34,200 SF warehouse with office and outdoor storage.

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    North Chicago Commercial Property For Sale
    North Chicago Commercial Property For Sale

    1919 Sherman Avenue, North Chicago, IL 60064

    $1,000,000
    0.75 AC lot

    Commercial property available in North Chicago, Illinois.

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    Gurnee Industrial Facility with Cranes
    Gurnee Industrial Facility with Cranes

    2180 Swanson Ct, Gurnee, IL 60031

    Contact for pricing
    17,285 sqft 3.34 AC lot

    Freestanding 17,285 SF industrial facility with outdoor storage.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Land in Thriving Park
    Industrial Land in Thriving Park

    Park Avenue lot: #22, Lake Villa, IL 60046

    $139,900
    0.70 AC lot

    Commercial land suitable for new business venture in Lake Villa.

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    Fenced-Yard Flex Space
    Fenced-Yard Flex Space

    35220 N Il Route 83, Round Lake Beach, IL 60073

    $1,590,000
    1.82 AC lot

    Flex space with office, shop, and secured outdoor yard components.

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    Flex Space with Secure Yard
    Flex Space with Secure Yard

    35220 N Il Route 83, Round Lake Beach, IL 60073

    $1,590,000
    1.82 AC lot

    Industrial improvements include office space, two shops, and a fenced outdoor storage area.

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    Kenosha Land For Sale
    Kenosha Land For Sale

    NEC OF 88th Avenue & 60th Street, Kenosha, WI 53144

    Contact for pricing
    4.70 AC lot

    4.7 acres of land available in Kenosha, Wisconsin.

    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.

    3800 Sunset Ave
    WAREHOUSE, STORAGE

    3800 Sunset Ave, Waukegan, IL 60087-3258

    Value Estimation by Request
    2,220 sqft 9.34 AC lot
    View details
    1850 Norman Dr
    INDUSTRIAL (GENERAL)

    1850 Norman Dr, Waukegan, IL 60085-6702

    $13,800,000
    Estimated value
    5.62 AC lot
    View details
    Ernie Krueger Cir
    INDUSTRIAL (GENERAL)

    Ernie Krueger Cir, Waukegan, IL 60087

    $260,000
    Estimated value
    1.24 AC lot
    View details
    3211 Oak Grv Ave
    WAREHOUSE, STORAGE

    3211 Oak Grv Ave, Waukegan, IL 60087-1827

    Value Estimation by Request
    1,394 sqft 5.85 AC lot
    View details
    1430 12th St
    WAREHOUSE, STORAGE

    1430 12th St, Waukegan, IL 60085

    $455,000
    Estimated value
    5,600 sqft 0.82 AC lot
    View details
    1425 11th St
    WAREHOUSE, STORAGE

    1425 11th St, Waukegan, IL 60085

    $130,000
    Estimated value
    25,500 sqft 0.59 AC lot
    View details
    3410 Sunset Ave
    INDUSTRIAL (GENERAL)

    3410 Sunset Ave, Waukegan, IL 60087-3218

    $455,000
    Estimated value
    12,928 sqft 3.25 AC lot
    View details
    3380 Grand Ave
    MANUFACTURING (LIGHT)

    3380 Grand Ave, Waukegan, IL 60085-2206

    $695,000
    Estimated value
    45,000 sqft 2.43 AC lot
    View details
    834 Gln Rock Ave
    MANUFACTURING (LIGHT)

    834 Gln Rock Ave, Waukegan, IL 60085-5437

    $850,000
    Estimated value
    7,711 sqft 0.37 AC lot
    View details
    2217 Delany Rd
    WAREHOUSE, STORAGE

    2217 Delany Rd, Waukegan, IL 60087-1802

    $1,000,000
    Estimated value
    14,400 sqft 1.77 AC lot
    View details
    1565 Shields Dr
    WAREHOUSE, STORAGE

    1565 Shields Dr, Waukegan, IL 60085-8304

    $785,000
    Estimated value
    24,900 sqft 1.81 AC lot
    View details
    701 Belvidere Rd
    WAREHOUSE, STORAGE

    701 Belvidere Rd, Waukegan, IL 60085-6309

    $205,000
    Estimated value
    10,785 sqft 0.29 AC lot
    View details
    1307 Belvidere Rd
    WAREHOUSE, STORAGE

    1307 Belvidere Rd, Waukegan, IL 60085-6205

    $1,650,000
    Estimated value
    21,240 sqft 3.11 AC lot
    View details
    3413 Washington St
    WAREHOUSE, STORAGE

    3413 Washington St, Waukegan, IL 60085-4717

    Value Estimation by Request
    9,880 sqft 1.13 AC lot
    View details
    3530 Birchwood Dr
    INDUSTRIAL (GENERAL)

    3530 Birchwood Dr, Waukegan, IL 60085-8334

    $16,600,000
    Estimated value
    2.25 AC lot
    View details
    3530 Birchwood Dr
    INDUSTRIAL (GENERAL)

    3530 Birchwood Dr, Waukegan, IL 60085-8334

    $480,000
    Estimated value
    4.57 AC lot
    View details
    800 Northpoint Blvd
    INDUSTRIAL (GENERAL)

    800 Northpoint Blvd, Waukegan, IL 60085-8211

    $495,000
    Estimated value
    1,408 sqft 21.48 AC lot
    View details
    3045 Washington St
    WAREHOUSE, STORAGE

    3045 Washington St, Waukegan, IL 60085-4843

    $1,050,000
    Estimated value
    5,760 sqft 1.48 AC lot
    View details
    1121 Northpoint Blvd
    INDUSTRIAL (GENERAL)

    1121 Northpoint Blvd, Waukegan, IL 60085-8216

    $4,300,000
    Estimated value
    34,900 sqft 4.45 AC lot
    View details

    Waukegan, IL Industrial Properties Market Trends and Statistics

    Explore 72 industrial properties for sale in Waukegan, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 257,500 square feet of properties for sale, with an estimated market value of $2,650,000.

    Sale prices for industrial buildings in Waukegan, IL start at $750,000, averaging $1,325,000, and reaching up to $1,900,000 — 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

    Flex space 13
    Manufacturing properties 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
    60087 $850K
    60085 $1.9M

    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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