Office Units

Waukegan, IL Office Units for Sale

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Two-Unit Office Building
Updated: Apr 29, 2024
Two-Unit Office Building

319 N County Street, Waukegan, IL 60085

$349,900
0.18 AC lot
Two office units configured with one unit per floor
Each unit includes a bathroom, office spaces, conference room, fireplace, and private deck
1920 construction with brick exterior and wood flooring
Full basement included
Central Air and composition roof
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Leased Office and Event Space
Updated: May 2, 2025
Leased Office and Event Space

814 Washington Street, Waukegan, IL 60085

$250,000
Fully leased office suites providing immediate rental income.
Established party/event space with a proven rental history.
Large parking lot with 21 spaces, offering potential for additional income generation.
Cash flow opportunity.
Commercial property suitable for various business ventures.
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See hot listings in Waukegan

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Office Units with Flexible Lower-Level Space
Office Units with Flexible Lower-Level Space

1017/1019 W Park Avenue, Libertyville, IL 60048

$784,999
5,000 sqft

Two office addresses offer private rooms, open work areas, and optional additional space below grade.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

33125 N Us Highway 45, Grayslake, IL 60030

$495,900
5,066 sqft

Main-level commercial suites are paired with an upper-level residential unit and on-site parking.

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Office Units with Private Offices
Office Units with Private Offices

1017/1019 W Park Avenue, Libertyville, IL 60048

$784,999
0.10 AC lot

The two units combine reception areas, enclosed offices, and open work areas.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

33125 N US Highway 45, Grayslake, IL 60030

$394,900
0.29 AC lot

Brick commercial property combines multiple main-level storefronts with an upper-level apartment and on-site customer parking.

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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.

Waukegan, IL Office Units Market Trends and Statistics

Explore 3 office units for sale in Waukegan, IL on our real estate platform.

Sale prices for office units in Waukegan, IL start at $250,000, averaging $299,950, and reaching up to $349,900 — 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 17
Office buildings 12
Creative space 1
Medical Office 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 $350K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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