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Waukegan Commercial Property for Sale
For Sale
$450,000

403 Grand Avenue, Waukegan, IL 60085

Commercial Sale, Waukegan, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market89

Property Features for 403 Grand Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions The office is located on the corner of Grand & Counth
Subdivision Park City / Waukegan
Standard status Active
APN 08212180070000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10267

Utilities

Cooling system Central Air

Building Details

Year built 1993
Floors in Building 2
Number of units 1
Building materials Brick
Listing Agency: Real Broker, LLC
Listed By: Chris Varsek · License #475178604
Added: May 29 Changed: Aug 20 Last Checked: Aug 25 at 4:06AM
MLS# 12661792

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Waukegan, Illinois, this commercial property is zoned COMMR and situated on approximately 0.1362 acres. The property is suitable for office units and office spaces. The listing title is COMMERCIAL - Waukegan, IL. The property is located in Lake County.

Key Highlights

  • Built in 1993
  • Brick construction
  • Central Air Conditioning

Property Analytics

Current Use

Wysocki & Smith Law Firm Ressler Krysia W Law Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Auto Parts Store Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,199
Businesses Nearby

Demographics for 60085, IL

71,609
Population
26,781
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
74%
High-School Grad
14.8 sq mi
ZIP Area
4,838
Density / Sq Mi
$64,330
Median Household Income
$35,645
Median Earnings
$1,133
Median Rent
$164,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Commercial property available in Waukegan, Illinois.
Where is this office units located?
The property is located at 403 Grand Avenue Waukegan, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Built in 1993; Brick construction; Central Air Conditioning
More about this property
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