Building Details

Building Size 7,950 SF

Listing Agency: Avison Young - US - IL - Chicago

Listed By: Tim Henry Show Phone

Source: Commercialcafe

Added: Jun 1 Changed: Sep 11 Last Checked: Sep 16 at 12:53PM

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Investment Insights

Based on property information with market context.

33 N. Waukegan Road is a versatile commercial property offering approximately 7,950 sq. ft. of space suitable for a range of retail, service, and office users. Its configuration supports flexible occupancy needs for businesses seeking a storefront-style presence with direct access to customers.

The site is positioned along one of Lake County’s most traveled thoroughfares, designed for strong visibility and straightforward access. It is located just minutes from downtown Lake Bluff and the Tri-State Tollway (I-94), placing it within a well-traveled retail and service corridor.

For tenants and buyers, the combination of prominent placement and versatile space makes the property practical for businesses that rely on customer access and walk-in traffic. The location’s emphasis on visibility and day-to-day accessibility supports a variety of commercial concepts, including retail storefronts, service-based operations, and office uses seeking convenient presence along a major commuter route.

Key Highlights

• Freestanding commercial property on 33 N. Waukegan Road along a major Lake County thoroughfare
• Offers strong visibility and easy access to support a variety of commercial uses
• Located minutes from downtown Lake Bluff and the Tri‑State Tollway (I‑94)

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Furniture & Home Goods

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

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

785

Businesses Nearby

Explore this area Business Placement

Demographics for 60044, IL

10,244

Population

4,599

Households

2.2

Avg Household Size

43

Median Age

67%

College-Educated

95%

High-School Grad

6.8 sq mi

ZIP Area

1,506

Density / Sq Mi

$127,546

Median Household Income

$81,694

Median Earnings

$1,672

Median Rent

$568,500

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Retail space - Freestanding commercial property with strong visibility and easy access on a major Lake County thoroughfare.

Where is this retail space located?

The property is located at 33 N Waukegan Road Lake Bluff, IL.

What are key features of this property?

This property features: Freestanding commercial property on 33 N. Waukegan Road along a major Lake County thoroughfare; Offers strong visibility and easy access to support a variety of commercial uses; Located minutes from downtown Lake Bluff and the Tri‑State Tollway (I‑94)