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    Waukegan, IL Restaurants for Sale

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    Mixed-Use Building in Waukegan
    $449,900
    0.15 Acres

    Mixed-Use Building in Waukegan

    818 10Th St, Waukegan, IL 60085

    Mixed-use brick building with restaurant and apartments in Waukegan.

    • Mixed‑use brick building in a high‑traffic commercial area
    • Includes a Mexican restaurant on the first floor
    • Features two apartments on the second floor
    • Additional space available for gambling machines
    • Potential for a sports bar
    Updated: Jul 16, 2025
    View details
    Waukegan Retail Building - $2.2M
    $2,200,000
    3,129 SF

    Waukegan Retail Building - $2.2M

    919 Green Bay Rd, Waukegan, IL 60085

    Freestanding building, high visibility, strong location.

    • Exceptional 3,129 SF freestanding retail building in Waukegan, IL, on a 1.21‑acre lot.
    • Prime location at 919 N Green Bay Rd, near Grand Ave (Route 132), with high visibility and accessibility.
    • Vacant, 1994 construction, B3 zoning, suitable for QSR, restaurant, or retail; three points of ingress/egress.
    • Ample parking (50+ spaces), near Jewel‑Osco, Walgreens, and Burger King, high traffic area (29,800 VPD).
    • Convenient access to PACE bus, Route 41, and I‑94; $2,200,000 asking price ($703.10/SF).
    Updated: Dec 11, 2024
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    Waukegan Auto Dealership - Prime Location
    $2,599,000
    10,244 SF

    Waukegan Auto Dealership - Prime Location

    High-traffic retail area, 10-bay service. Excellent investment opportunity.

    3375 Grand Ave, Waukegan, IL 60085
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    Waukegan Retail Property with Drive-Thru
    Contact for pricing
    3,129 SF

    Waukegan Retail Property with Drive-Thru

    Freestanding retail property with drive-thru in strong transit location.

    919 N Green Bay Rd, Waukegan, IL 60085
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    Established Restaurant with Slot Machines
    $799,000
    7,804 SF

    Established Restaurant with Slot Machines

    Waukegan restaurant, real estate, and slot machines for sale.

    1401 Golf Rd, Waukegan, IL 60087
    View details
    Based on your search, we've compiled 85 Potential Opportunities for your consideration. Besides 5 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 73 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Gurnee, IL Mixed-Use Investment
    $1,749,000
    19,000 SF

    Gurnee, IL Mixed-Use Investment

    19,000 SF Industrial/Retail Opportunity

    3500 Grand Ave, Gurnee, IL 60031
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    Gurnee Restaurant Building on Corner
    Contact for pricing
    7,220 SF

    Gurnee Restaurant Building on Corner

    7,220 SF restaurant on 2.18 AC corner lot.

    6577 Grand Ave, Gurnee, IL 60031
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    Renovated Storefront Building with Parking
    $950,000
    0.66 Acres

    Renovated Storefront Building with Parking

    Fully rented two-unit building on busy state highway.

    55 Barron Blvd, Grayslake, IL 60030
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    Prime Corner Location in Grayslake
    $629,900
    0.14 Acres

    Prime Corner Location in Grayslake

    Thriving downtown location with redevelopment potential for restaurant/bar.

    102-106 Center St, Grayslake, IL 60030
    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.

    Waukegan Land Development Opportunity
    $559,000
    1.49 Acres

    Waukegan Land Development Opportunity

    Prime vacant land for commercial development in Waukegan, Illinois.

    1213 Grand Ave, Waukegan, IL 60085
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    Commercial Land in High-Traffic Area
    $49,900
    0.17 Acres

    Commercial Land in High-Traffic Area

    Commercial land with high visibility and seller financing options.

    502 Belvidere Rd, Waukegan, IL 60085
    View details
    Waukegan Land For Sale
    $152,900
    1.41 Acres

    Waukegan Land For Sale

    1.41 acre corner lot ready for development in Waukegan.

    1730 W Beach Rd, Waukegan, IL 60087
    View details

    Explore 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.

    2103 Belvidere Rd

    2103 Belvidere Rd

    Restaurants • 320,000 SF
    Value Estimation by Request
    2103 Belvidere Rd, Waukegan, IL 60085
    View details
    11 Genesee St

    11 Genesee St

    Restaurants • 8,120 SF
    Value Estimation by Request
    11 Genesee St, Waukegan, IL 60085
    View details
    219 Greenwood Ave

    219 Greenwood Ave

    BAR, TAVERN • 2,634 SF
    Value Estimation by Request
    219 Greenwood Ave, Waukegan, IL 60087-5133
    View details
    630 Grn Bay Rd

    630 Grn Bay Rd

    BAR, TAVERN • 25,310 SF
    Value Estimation
    $1,440,000
    630 Grn Bay Rd, Waukegan, IL 60085-7007
    View details
    3200 Lewis Ave

    3200 Lewis Ave

    RESTAURANT • 2,212 SF
    Value Estimation by Request
    3200 Lewis Ave, Waukegan, IL 60087-2255
    View details
    1300 Lewis Ave

    1300 Lewis Ave

    RESTAURANT • 2,684 SF
    Value Estimation by Request
    1300 Lewis Ave, Waukegan, IL 60085-1756
    View details
    800 Waukegan Rd

    800 Waukegan Rd

    RESTAURANT • 3,532 SF
    Value Estimation
    $3,350,000
    800 Waukegan Rd, Waukegan, IL 60085-6723
    View details
    3210 Belvidere Rd

    3210 Belvidere Rd

    RESTAURANT • 2,688 SF
    Value Estimation by Request
    3210 Belvidere Rd, Waukegan, IL 60085-6018
    View details
    940 Waukegan Rd

    940 Waukegan Rd

    RESTAURANT • 2,152 SF
    Value Estimation
    $820,000
    940 Waukegan Rd, Waukegan, IL 60085-6710
    View details
    960 Waukegan Rd

    960 Waukegan Rd

    RESTAURANT • 2,840 SF
    Value Estimation by Request
    960 Waukegan Rd, Waukegan, IL 60085-6710
    View details
    2154 Lewis Ave

    2154 Lewis Ave

    RESTAURANT • 4,087 SF
    Value Estimation by Request
    2154 Lewis Ave, Waukegan, IL 60087-4720
    View details
    1102 Gln Rock Ave

    1102 Gln Rock Ave

    RESTAURANT • 1,458 SF
    Value Estimation by Request
    1102 Gln Rock Ave, Waukegan, IL 60085-5452
    View details
    1739 Sheridan Rd

    1739 Sheridan Rd

    RESTAURANT • 3,717 SF
    Value Estimation by Request
    1739 Sheridan Rd, Waukegan, IL 60085-2113
    View details
    1510 Lewis Ave

    1510 Lewis Ave

    RESTAURANT • 2,558 SF
    Value Estimation
    $565,000
    1510 Lewis Ave, Waukegan, IL 60085-1760
    View details
    816 Belvidere Rd

    816 Belvidere Rd

    RESTAURANT • 1,186 SF
    Value Estimation by Request
    816 Belvidere Rd, Waukegan, IL 60085-6312
    View details
    2670 Belvidere Rd

    2670 Belvidere Rd

    RESTAURANT • 2,524 SF
    Value Estimation by Request
    2670 Belvidere Rd, Waukegan, IL 60085-6006
    View details
    505 Grn Bay Rd

    505 Grn Bay Rd

    RESTAURANT • 1,368 SF
    Value Estimation by Request
    505 Grn Bay Rd, Waukegan, IL 60085-6003
    View details
    1310 Lewis Ave

    1310 Lewis Ave

    RESTAURANT • 2,300 SF
    Value Estimation by Request
    1310 Lewis Ave, Waukegan, IL 60085-1756
    View details
    1609 Belvidere Rd

    1609 Belvidere Rd

    RESTAURANT • 9,514 SF
    Value Estimation
    $585,000
    1609 Belvidere Rd, Waukegan, IL 60085-7217
    View details

    Waukegan, IL Restaurants Investment Opportunities Market Analysis

    Explore 78 restaurants for sale in Waukegan, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 1,434,525 square feet of properties for sale, with an estimated market value of $27,939,900.

    Sale prices for restaurant properties in Waukegan, IL start at $60,000, averaging $527,167, and reaching up to $3,440,000 — 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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