Parking & Garage

Waukegan, IL Parking Lots & Garages for Sale

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North Chicago, IL Park City, IL Gurnee, IL
Versatile Commercial Building in Waukegan
Updated: Jul 17, 2025
Versatile Commercial Building in Waukegan

509 May Street, Waukegan, IL 60085

$175,000
0.30 AC lot
High‑visibility location with easy access
Versatile commercial building suitable for automotive or other uses
Spacious, open shop floor with ample room for multiple vehicles and workstations
Existing paint booth ready for use
Fully fenced lot with ample storage and parking space
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Waterfront Motor Cave Opportunity
Waterfront Motor Cave Opportunity

3309 N Chapel Hill Road, Johnsburg, IL 60051

$905,000
15.48 AC lot

Premium motor cave with waterfront access and resort-style amenities.

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Automotive Parking Lot For Sale
Automotive Parking Lot For Sale

8359 Crawford Avenue, Skokie, IL 60076

$1,500,000
0.11 AC lot

For-sale automotive parking lot at 8359 Crawford Avenue in Skokie, Illinois, suited for parking-focused uses.

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Waterfront Motor Cave Opportunity
Waterfront Motor Cave Opportunity

3309 N Chapel Hill Road, Johnsburg, IL 60051

$1,025,000
15.48 AC lot

Premium motor cave with waterfront access and resort-style amenities.

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Kento Park Outdoor Parking Space
Kento Park Outdoor Parking Space

9445 Kenton Avenue P-30, Skokie, IL 60076

Contact for pricing

Outdoor parking space in Kento Park Condominium Association.

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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.

West Ridge Development Site
West Ridge Development Site

6017 North Western Avenue, Chicago, IL 60659

Contact for pricing
5,305 sqft · 1.10 AC lot

Development site in West Ridge, Chicago, with C2-2 zoning.

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Prime Loop Parking Space
Prime Loop Parking Space

130 N Garland Court, Chicago, IL 60602

$40,000

Excellent Loop location near Millennium Park, shopping, restaurants, and theater!

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Prime Parking Space in Chicago
Prime Parking Space in Chicago

130 N Garland Court, Chicago, IL 60602

$33,000

Excellent Loop location near Millennium Park, shopping, and theater.

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Handicapped Parking Space For Sale
Handicapped Parking Space For Sale

130 N Garland Court, Chicago, IL 60602

$65,000

Handicapped parking space in excellent Loop location near Millennium Park.

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Waukegan, IL Parking Lots & Garages Market Trends and Statistics

Explore 1 parking lots & garages for sale in Waukegan, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $175,000.

Sale prices for parking garages in Waukegan, IL start at $175,000, averaging $175,000, and reaching up to $175,000 — 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 Spaces 45
Land 33
Office Units 31
Retail properties & Spaces 31
Industrial properties 27

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 $175K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Waukegan fall within the 100,000+ square foot range.

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