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    Waukegan, IL Office Spaces for Sale

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    17 properties
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    Single-Story Office Building
    Updated: Feb 5
    Single-Story Office Building

    1400 Sunset Avenue, Waukegan, IL 60087

    $1,100,000
    0.57 AC lot
    10,839 SF one‑story office building with 5 units
    100% occupied with long‑term tenancy
    Brick and concrete block construction; built in 1960
    945 SF attached four‑car garage and unfinished basement
    34 on‑site parking spaces
    View details
    Historic Religious Facility With Ballroom
    Updated: Apr 4
    Historic Religious Facility With Ballroom

    220 N Sheridan Road, Waukegan, IL 60085

    $2,000,000
    0.24 AC lot
    Approximately 40,000 square feet in a 1923 concrete building
    Grand Ballroom, reception spaces, and multiple expansive gathering areas
    Historic Masonic Temple at 220 N Sheridan Road, Waukegan, IL 60085
    Views of Lake Michigan with proximity to the Genesee Theatre, shopping, restaurants, and transportation
    Situated within the TIF District and Illinois Enterprise Zone
    View details
    Waukegan Commercial Property for Sale
    Waukegan Commercial Property for Sale

    403 Grand Avenue, Waukegan, IL 60085

    $450,000
    0.14 AC lot

    Commercial property available in Waukegan, Illinois.

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    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Three-Story Office Building with Elevator
    Three-Story Office Building with Elevator

    5 S County St, Waukegan, IL 60085

    $469,975
    4,689 sqft

    Brick office property with six suites, elevator access, and a finished basement.

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    Three-Story Office Building with Elevator
    Three-Story Office Building with Elevator

    5 S County Street, Waukegan, IL 60085

    $469,975
    0.04 AC lot

    Brick office property with six suites, finished basement space, central air, and dedicated restroom facilities on each level.

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    Renovated Multi-Unit Office Building
    Renovated Multi-Unit Office Building

    222 N County Street, Waukegan, IL 60085

    $750,000
    0.19 AC lot

    Brick construction, central air, and separate East and West office layouts support flexible occupancy.

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

    1200 N Green Bay Road, Waukegan, IL 60085

    $499,900
    0.31 AC lot

    Multiple private rooms and a conference room support a flexible commercial layout.

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    Religious Facility with Grand Ballroom
    Religious Facility with Grand Ballroom

    220 North Sheridan Road, Waukegan, IL 60085

    $2,000,000
    10,567 sqft

    A landmark-style property with expansive assembly areas, reception spaces, and a Grand Ballroom for varied commercial use.

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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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    Industrial Flex Building
    Industrial Flex Building

    345 Lakewood Avenue, Waukegan, IL 60085

    Contact for pricing
    50,010 sqft 4.80 AC lot

    Industrial-zoned flex property with warehouse functionality, office capacity, loading infrastructure, and substantial power service.

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    Restored Victorian Building in Waukegan
    Restored Victorian Building in Waukegan

    132 N West St, Waukegan, IL 60085

    Contact for pricing
    2,064 sqft

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

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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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    Single-Tenant Office Campus
    Single-Tenant Office Campus

    2100 Norman Dr, Waukegan, IL 60085

    Contact for pricing
    116,500 sqft

    Headquarters offices and laboratory facilities operate under a long-term net lease with CPI-based annual escalations.

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    Leased Office and Event Space
    Leased Office and Event Space

    814 Washington Street, Waukegan, IL 60085

    $250,000

    Fully leased office suites and event space with parking lot.

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    Multi-Office Building
    Multi-Office Building

    117 N Genesee St, Waukegan, IL 60085

    Contact for pricing

    B4-zoned property includes meeting rooms, three bathrooms, and separate heating and air conditioning systems.

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    Two-Story Office Building
    Two-Story Office Building

    25 N county Street, Waukegan, IL 60085

    Contact for pricing
    10,034 sqft

    Updated shared areas, an elevator, and flexible occupancy support a professional office environment.

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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 Potential Opportunities for your consideration. Besides 17 Active Listings in Waukegan, IL, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

    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

    Waukegan, IL Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Waukegan, IL, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 193,864 square feet of properties for sale, with an estimated market value of $8,768,750.

    Sale prices for office spaces in Waukegan, IL start at $250,000, averaging $797,159, and reaching up to $2,000,000 — 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 19
    Office buildings 12
    Creative space 2
    Medical Office Space 2

    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
    60087 $764.5K
    60085 $804.4K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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    Most Searched ZIP Codes in Waukegan, IL

    • 60085
    • 60087

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