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    Commercial Property in Waukegan, IL
    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
    View details
    Three-Story Office Building Suites
    Updated: Jan 24
    Three-Story Office Building Suites

    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.
    View details
    Renovated Brick Office Building
    Renovated Brick Office Building

    222 N County Street, Waukegan, IL 60085

    $750,000
    0.19 AC lot

    Separate office units, central air, and professional-use layouts support a range of commercial occupancy needs.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Waukegan Office Building For Sale
    Waukegan Office Building For Sale

    1400 Sunset Ave, Waukegan, IL 60087

    Contact for pricing
    11,784 sqft 0.57 AC lot

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

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    Historic Brick Mixed-Use Building
    Historic Brick Mixed-Use Building

    574 S Mcalister Avenue, Waukegan, IL 60085

    Contact for pricing
    0.55 AC lot

    Brick construction and a broad floor plan support adaptive reuse concepts.

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    Freestanding Office Building with Signage
    Freestanding Office Building with Signage

    1200 N Green Bay Road, Waukegan, IL 60085

    $499,900
    0.31 AC lot

    Signalized corner property with private rooms, conference space, and on-site parking.

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    Two-Unit Office Building
    Two-Unit Office Building

    319 N County Street, Waukegan, IL 60085

    $349,900
    0.18 AC lot

    Brick commercial property with separate floor-by-floor suites, private decks, conference rooms, and full basement storage.

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    Medical Office Space with Central Air
    Medical Office Space with Central Air

    1113 W Greenwood Avenue, Waukegan, IL 60087

    $429,000

    The interior includes central air conditioning for year-round comfort.

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    Renovated Two-Unit Office Building
    Renovated Two-Unit Office Building

    222 N County Street, Waukegan, IL 60085

    $750,000

    All-brick construction, private offices, kitchens, restrooms, and a lower-level church tenancy support varied professional occupancy.

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    Waukegan Office Property For Sale
    Waukegan Office Property For Sale

    208 N West Street, Waukegan, IL 60085

    $259,900

    Office property near Lake County courthouse and downtown Waukegan.

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    Medical Office Building with Elevator
    Medical Office Building with Elevator

    1616 Grand Ave, Waukegan, IL 60085

    Contact for pricing

    Secure medical-grade access and video security support a multi-use office building with elevator service and dedicated parking.

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    Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 11 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 3 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.

    Office-Warehouse with Overhead Door
    Office-Warehouse with Overhead Door

    Libertyville, IL 60048

    Contact for pricing
    2,622 sqft

    Freshly built-out office-warehouse includes office improvements and a 1020 overhead loading door.

    View details
    High-End Freestanding Office Building
    High-End Freestanding Office Building

    1125 N Delany Road, Gurnee, IL 60031

    $942,500
    4,180 sqft 0.30 AC lot

    Class A office building in Gurnee, Illinois for sale.

    View details
    Mixed-Use Trophy Asset in Libertyville
    Mixed-Use Trophy Asset in Libertyville

    545 North Milwaukee Avenue, Libertyville, IL 60048

    Contact for pricing
    16,621 sqft

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

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    Well-Finished Headquarters Office
    Well-Finished Headquarters Office

    3982 Ryan Rd, Gurnee, IL 60031

    Contact for pricing

    Well-maintained headquarters facility with high-end office finishes and trench drains featuring a triple catch system.

    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.

    Office Building with Central Air
    Office Building with Central Air

    7314 Hancock Drive, Wonder Lake, IL 60097

    $250,000
    0.35 AC lot

    Commercially zoned office property with concrete, wood, and aluminum siding construction in Wonder Lake.

    View details
    Corner Development Site For Sale
    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
    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.

    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.

    814 Washington St
    OFFICE BUILDING

    814 Washington St, Waukegan, IL 60085-5425

    $305,000
    Estimated value
    3,410 sqft 0.30 AC lot
    View details
    2504 Washington St
    OFFICE BUILDING

    2504 Washington St, Waukegan, IL 60085-4983

    $760,000
    Estimated value
    46,753 sqft 0.70 AC lot
    View details
    311 Genesee St
    OFFICE BUILDING

    311 Genesee St, Waukegan, IL 60085-4205

    $255,000
    Estimated value
    3,904 sqft 0.18 AC lot
    View details
    1309 Jackson St
    OFFICE BUILDING

    1309 Jackson St, Waukegan, IL 60085-1858

    $130,000
    Estimated value
    1,413 sqft 0.11 AC lot
    View details
    1000 Nn Ave
    OFFICE BUILDING

    1000 Nn Ave, Waukegan, IL 60085-2938

    $200,000
    Estimated value
    2,478 sqft 0.17 AC lot
    View details
    222 Washington St
    OFFICE BUILDING

    222 Washington St, Waukegan, IL 60085-5618

    $185,000
    Estimated value
    5,632 sqft 0.03 AC lot
    View details
    220 Washington St
    OFFICE BUILDING

    220 Washington St, Waukegan, IL 60085-5618

    $300,000
    Estimated value
    5,632 sqft 0.03 AC lot
    View details
    1321 Grand Ave
    OFFICE BUILDING

    1321 Grand Ave, Waukegan, IL 60085-3717

    $110,000
    Estimated value
    1,293 sqft 0.14 AC lot
    View details
    1212 Belvidere Rd
    OFFICE BUILDING

    1212 Belvidere Rd, Waukegan, IL 60085-6204

    $750,000
    Estimated value
    5,685 sqft 0.84 AC lot
    View details
    609 Greenwood Ave
    OFFICE BUILDING

    609 Greenwood Ave, Waukegan, IL 60087-5000

    $350,000
    Estimated value
    6,996 sqft 0.40 AC lot
    View details
    16 St
    OFFICE BUILDING

    16 St, Waukegan, IL 60085-8110

    $280,000
    Estimated value
    8,156 sqft 0.25 AC lot
    View details
    1105 Greenwood Ave
    OFFICE BUILDING

    1105 Greenwood Ave, Waukegan, IL 60087-4908

    $245,000
    Estimated value
    3,400 sqft 0.07 AC lot
    View details
    818 Washington St
    OFFICE BUILDING

    818 Washington St, Waukegan, IL 60085-5425

    $80,000
    Estimated value
    3,837 sqft 0.22 AC lot
    View details

    Waukegan, IL Office Buildings Market Trends and Statistics

    Explore 72 office buildings for sale in Waukegan, IL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 11,784 square feet of properties for sale, with an estimated market value of $4,608,675.

    Sale prices for office properties in Waukegan, IL start at $259,900, averaging $576,084, and reaching up to $1,100,000 — 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

    Office Units 23
    Office buildings 12
    Medical Office Space 4
    Creative space 1

    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 $465.9K
    60087 $1.1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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