Waukegan, IL Office Buildings for Sale

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North Chicago, IL Park City, IL Gurnee, IL

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Updated: Feb 5

Commercial Property in Waukegan, IL

1400 Sunset Avenue, Waukegan, IL 60087

$1,100,000

0.57 AC lot

Brick, concrete, and block construction materials
Central air conditioning
Membrane roof
Year built: 1960

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Updated: Jan 24

Downtown Waukegan Office Building

5 S County Street, Waukegan, IL 60085

$469,975

0.04 AC lot

Prime downtown Waukegan location at the corner of Washington & County Street.
Enjoy being a 3‑minute walking distance to Lake Michigan.
3‑story brick building with elevator.
Six office suites, each with a reception room, lobby/sitting room, and two offices.
Finished basement with a 24 X 20 library.

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Waukegan Office Building For Sale

222 N County Street, Waukegan, IL 60085

$750,000

0.19 AC lot

Well-maintained office building in prime location, ideal for investors.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Historic Institutional Building

574 S Mcalister Avenue, Waukegan, IL 60085

Contact for pricing

0.55 AC lot

Built in 1900, this institutional property offers substantial interior area and a sizeable lot for flexible redevelopment uses.

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Waukegan Office Property For Sale

208 N West Street, Waukegan, IL 60085

$275,000

Office property near Lake County courthouse and downtown Waukegan.

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Waukegan Office Building For Sale

1400 Sunset Ave, Waukegan, IL 60087

$1,350,000

11,784 sqft

Stabilized, fully occupied office property with long-term tenants and durable construction.

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Historic Institutional Building

574 S Mcalister Avenue, Waukegan, IL 60085

Contact for pricing

14,001 sqft · 0.55 AC lot

Built in 1900, this large institutional property offers flexible space and a sizable site for adaptive reuse projects.

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Church with Office and Classroom Outbuilding

800 Chestnut Street, Waukegan, IL 60085

$350,000

Religious facility with main seating for 75, plus a second-floor office, kitchen, and updated bathrooms.

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Restored Victorian Building in Waukegan

132 N West St, Waukegan, IL 60085

$257,000

2,064 sqft

Restored Victorian building suitable for office or live/work space.

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Waukegan Commercial Building For Sale

319 N County Street, Waukegan, IL 60085

$349,900

0.18 AC lot

B-5 commercial building in downtown Waukegan, ideal for investors.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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.

High-End Freestanding Office Building

1125 N Delany Road, Gurnee, IL 60031

$998,000

4,180 sqft · 0.30 AC lot

Class A office building in Gurnee, Illinois for sale.

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Contemporary Office Building with Parking

326 S Milwaukee Avenue, Libertyville, IL 60048

$750,000

2,200 sqft

Free-standing office building with parking in a high-visibility location.

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Mixed-Use Trophy Asset in Libertyville

545 North Milwaukee Avenue, Libertyville, IL 60048

$6,995,000

16,621 sqft

Premier mixed-use property in Libertyville's vibrant Downtown Core.

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Gurnee Office Building For Sale

731 IL 21, Gurnee, IL

$2,163,000

3.40 AC lot

Office building for sale in Gurnee, Illinois.

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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.

Wonder Lake Commercial Block

7314 Hancock Drive, Wonder Lake, IL 60097

$250,000

0.35 AC lot

Commercial block with office building and land for sale.

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Corner Development Site For Sale

IL - 62 Algonquin Rd., Barrington Hills, IL 60010

Contact for pricing

Prime corner development site with high traffic counts.

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Prime Corner Lot in Carpentersville

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000

2.41 AC lot

2.41 acre corner lot near Randall Road corridor.

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Oak Creek Acreage For Sale

9080 South Howell Avenue, Oak Creek, WI 53154

$3,730,000

821,541 sqft

18.864 acres in Oak Creek, ideal location near I-94/I-43.

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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.

OFFICE BUILDING

814 Washington St, Waukegan, IL 60085-5425

Value Estimation by Request

3,410 sqft · 0.30 AC lot

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OFFICE BUILDING

2504 Washington St, Waukegan, IL 60085-4983

$1,675,000

Estimated value

46,753 sqft · 0.70 AC lot

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OFFICE BUILDING

311 Genesee St, Waukegan, IL 60085-4205

Value Estimation by Request

3,904 sqft · 0.18 AC lot

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OFFICE BUILDING

1309 Jackson St, Waukegan, IL 60085-1858

Value Estimation by Request

1,413 sqft · 0.11 AC lot

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OFFICE BUILDING

1000 Nn Ave, Waukegan, IL 60085-2938

Value Estimation by Request

2,478 sqft · 0.17 AC lot

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OFFICE BUILDING

222 Washington St, Waukegan, IL 60085-5618

Value Estimation by Request

5,632 sqft · 0.03 AC lot

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OFFICE BUILDING

220 Washington St, Waukegan, IL 60085-5618

Value Estimation by Request

5,632 sqft · 0.03 AC lot

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OFFICE BUILDING

1321 Grand Ave, Waukegan, IL 60085-3717

Value Estimation by Request

1,293 sqft · 0.14 AC lot

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OFFICE BUILDING

1212 Belvidere Rd, Waukegan, IL 60085-6204

$750,000

Estimated value

5,685 sqft · 0.84 AC lot

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OFFICE BUILDING

609 Greenwood Ave, Waukegan, IL 60087-5000

Value Estimation by Request

6,996 sqft · 0.40 AC lot

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OFFICE BUILDING

16 St, Waukegan, IL 60085-8110

Value Estimation by Request

8,156 sqft · 0.25 AC lot

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OFFICE BUILDING

1105 Greenwood Ave, Waukegan, IL 60087-4908

Value Estimation by Request

3,400 sqft · 0.07 AC lot

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OFFICE BUILDING

818 Washington St, Waukegan, IL 60085-5425

Value Estimation by Request

3,837 sqft · 0.22 AC lot

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OFFICE BUILDING

207 Martin Luther King Jr Ave, Waukegan, IL 60085-4235

Value Estimation by Request

3,034 sqft · 0.10 AC lot

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Waukegan, IL Office Buildings Market Trends and Statistics

Explore 72 office buildings for sale in Waukegan, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 13,848 square feet of properties for sale, with an estimated market value of $1,607,000.

Sale prices for office properties in Waukegan, IL start at $257,000, averaging $803,500, and reaching up to $1,350,000 — 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

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
60085	$408.6K
60087	$1.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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Waukegan, IL Office Buildings for Sale

1400 Sunset Avenue, Waukegan, IL 60087

5 S County Street, Waukegan, IL 60085

222 N County Street, Waukegan, IL 60085

574 S Mcalister Avenue, Waukegan, IL 60085

208 N West Street, Waukegan, IL 60085

1400 Sunset Ave, Waukegan, IL 60087

574 S Mcalister Avenue, Waukegan, IL 60085

800 Chestnut Street, Waukegan, IL 60085

132 N West St, Waukegan, IL 60085

319 N County Street, Waukegan, IL 60085

Opportunities in Nearby Cities

1125 N Delany Road, Gurnee, IL 60031

326 S Milwaukee Avenue, Libertyville, IL 60048

545 North Milwaukee Avenue, Libertyville, IL 60048

731 IL 21, Gurnee, IL

Potential Development Sites for Consideration

7314 Hancock Drive, Wonder Lake, IL 60097

IL - 62 Algonquin Rd., Barrington Hills, IL 60010

Huntley Road lot: 009, Carpentersville, IL 60110

9080 South Howell Avenue, Oak Creek, WI 53154

Off-Market Properties in Waukegan, IL

814 Washington St, Waukegan, IL 60085-5425

2504 Washington St, Waukegan, IL 60085-4983

311 Genesee St, Waukegan, IL 60085-4205

1309 Jackson St, Waukegan, IL 60085-1858

1000 Nn Ave, Waukegan, IL 60085-2938

222 Washington St, Waukegan, IL 60085-5618

220 Washington St, Waukegan, IL 60085-5618

1321 Grand Ave, Waukegan, IL 60085-3717

1212 Belvidere Rd, Waukegan, IL 60085-6204

609 Greenwood Ave, Waukegan, IL 60087-5000

16 St, Waukegan, IL 60085-8110

1105 Greenwood Ave, Waukegan, IL 60087-4908

818 Washington St, Waukegan, IL 60085-5425

207 Martin Luther King Jr Ave, Waukegan, IL 60085-4235

Waukegan, IL Office Buildings Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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