Waukegan, IL Industrial Properties for Sale

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North Chicago, IL Park City, IL Gurnee, IL

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$4,050,000

82,500 SF

Waukegan Warehouse with Fenced Storage

1445 11th St, Waukegan, IL 60085

82,500 SF warehouse with 1.6 acres fenced storage.

Single‑tenant net lease to QXO, a major publicly traded distributor, providing stable income.
New 10‑year lease initiated in November 2025 with 3.0% annual rent escalations.
Located in the strong North Lake County industrial submarket with low vacancy rate (5.7%) and rent growth (4.2%).
Features 82,500 square feet of warehouse space on 4.12 acres, including 1.6 acres of fenced‑in industrial outdoor storage (IOS).
Convenient location between Illinois Routes 131 and 137, near Great Lakes Naval Station and Interstate 94.

Updated: Mar 31

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$1,900,000

89,000 SF

89,000 SF Warehouse with Offices

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

Versatile warehouse with ample parking and office space for sale.

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.

Updated: Jan 12

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Waukegan Warehouse with Flexible Workspace

$1,999,000

86,000 SF

Waukegan Warehouse with Flexible Workspace

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

651 S Martin Luther King Dr, Waukegan, IL

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$4,050,000

82,500 SF

Waukegan Warehouse with Outdoor Storage

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

1445 11th St, Waukegan, IL 60085

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218,500 SF

Waukegan Industrial Space Available

Divisible 218,500 SF industrial space with immediate occupancy.

2451 N Delany Rd, Waukegan, IL

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59,250 SF

Flex Units with Loading Docks

Flex space with loading docks in Amhurst Lake Business Park.

1580-1598 S Lakeside Dr, Waukegan, IL

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40,504 SF

Flex Space in Amhurst Lake

Flex space in Amhurst Lake Business Park for sale.

1501-1531 White Oak Dr, Waukegan, IL

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Based on your search, we've compiled 268 Potential Opportunities for your consideration. Besides 7 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 253 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.

$8,000,000

42,245 SF

Gurnee Industrial Property on 15 Acres

42,245 SF industrial property on 15.18 acres for sale.

3535 Washington St, Gurnee, IL 60031

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$8,000,000

42,245 SF

Gurnee Industrial Property on 15 Acres

42,245 SF industrial property on 15 acres for sale.

3535 Washington St, Gurnee, IL 60031

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$1,736,410

15,315 SF

Lake Forest Industrial NNN Property

Single-tenant, net-leased industrial building in Lake Forest, Illinois.

27825 Irma Lee Cir, Lake Forest, IL 60045

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Libertyville Office/Flex Portfolio For Sale

$3,900,000

65,836 SF

Libertyville Office/Flex Portfolio For Sale

18-property office/flex portfolio in Libertyville's commercial corridor.

13975 W Polo Trail Dr, Lake Forest, IL 60045

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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.

$750,000

0.98 Acres

Industrial Land on Wheeling Road

Nearly one acre of industrial land with frontage on Wheeling Road.

1033 S Wheeling Road, Wheeling, IL 60090

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$1,250,000

4.70 Acres

Kenosha Land For Sale

4.7 acres of land available in Kenosha, Wisconsin.

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

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$3,500,000

1,800 SF

Sturtevant Land with Spring-Fed Pond

13+ acres in Mt Pleasant ideal for development.

11665 Washington Ave, Sturtevant, WI 53177

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$59,900

0.33 Acres

Hebron, IL Commercial Land

Commercial land available in Hebron, Illinois.

12213 IL Route 173, Hebron, IL 60034

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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.

3800 Sunset Ave

WAREHOUSE, STORAGE • 2,220 SF

Value Estimation by Request

3800 Sunset Ave, Waukegan, IL 60087-3258

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1850 Norman Dr

INDUSTRIAL (GENERAL) • 5.62 Acres

Value Estimation

$13,800,000

1850 Norman Dr, Waukegan, IL 60085-6702

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Ernie Krueger Cir

INDUSTRIAL (GENERAL) • 1.24 Acres

Value Estimation by Request

Ernie Krueger Cir, Waukegan, IL 60087

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3211 Oak Grv Ave

WAREHOUSE, STORAGE • 1,394 SF

Value Estimation by Request

3211 Oak Grv Ave, Waukegan, IL 60087-1827

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1430 12th St

WAREHOUSE, STORAGE • 5,600 SF

Value Estimation by Request

1430 12th St, Waukegan, IL 60085

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Value Estimation by Request

800 Northpoint Blvd, Waukegan, IL 60085-8211

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Waukegan, IL Industrial Properties Investment Opportunities Market Analysis

Explore 260 industrial properties for sale in Waukegan, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 350,244 square feet of properties for sale, with an estimated market value of $14,398,000.

Sale prices for industrial buildings in Waukegan, IL start at $1,900,000, averaging $2,879,600, and reaching up to $4,050,000 — 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

Property Size Breakdown

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

Demographics Overview

Population 100K

Population Growth (5Y) +2.8%

Median Household Income $68,390

College Educated 16.7%

High-Yield Neighborhoods for Strategic Investment

Identify Waukegan submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
60085	$3.1M

Taxes & Financing

Average Loan-to-Value 65.0%

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Waukegan, IL Industrial Properties for Sale

Waukegan Warehouse with Fenced Storage

82,500 SF warehouse with 1.6 acres fenced storage.

89,000 SF Warehouse with Offices

Versatile warehouse with ample parking and office space for sale.

Waukegan Warehouse with Flexible Workspace

Waukegan Warehouse with Outdoor Storage

Waukegan Industrial Space Available

Flex Units with Loading Docks

Flex Space in Amhurst Lake

Opportunities in Nearby Cities

Gurnee Industrial Property on 15 Acres

Gurnee Industrial Property on 15 Acres

Lake Forest Industrial NNN Property

Libertyville Office/Flex Portfolio For Sale

Potential Development Sites for Consideration

Industrial Land on Wheeling Road

Kenosha Land For Sale

Sturtevant Land with Spring-Fed Pond

Hebron, IL Commercial Land

Off-Market Properties in Waukegan, IL

3800 Sunset Ave

1850 Norman Dr

Ernie Krueger Cir

3211 Oak Grv Ave

1430 12th St

1425 11th St

3410 Sunset Ave

3380 Grand Ave

834 Gln Rock Ave

2217 Delany Rd

1565 Shields Dr

701 Belvidere Rd

1307 Belvidere Rd

3413 Washington St

3530 Birchwood Dr

3530 Birchwood Dr

800 Northpoint Blvd

Waukegan, IL Industrial Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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