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Waukegan, IL Restaurants for Sale

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Two-Story Commercial Building in Waukegan
$480,000
0.03 Acres

Two-Story Commercial Building in Waukegan

34 N Genesee Street, Waukegan, IL 60085

Versatile commercial building with retail and office space.

  • Prime location with strong visibility
  • Two‑story building offering flexible layout options
  • First floor is a functioning barbershop (equipment negotiable) or easily converted for other retail/service
  • Second floor adaptable as office, studio, lounge, or live‑work apartment (subject to zoning)
  • Potential for dual‑use occupancy or supplemental rental income
Updated: Feb 18
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Established Restaurant with Slot Machines
$799,000
7,804 SF

Established Restaurant with Slot Machines

1401 Golf Rd, Waukegan, IL

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

  • Established breakfast/lunch restaurant with a great following.
  • Business and real estate are being sold together.
  • Includes slots machines.
  • Serving the community for years.
  • Beloved local tradition.
Updated: Nov 25, 2025
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Mixed-Use Building in Waukegan
$449,900
0.16 Acres

Mixed-Use Building in Waukegan

Mixed-use building with restaurant and apartments in active commercial area.

818 10th Street, 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
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Based on your search, we've compiled 85 Potential Opportunities for your consideration. Besides 4 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 4 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 Chili's Restaurant
$3,050,000
5,331 SF

Gurnee, IL Chili's Restaurant

Single-tenant Chili's in Gurnee, Illinois near Gurnee Mills.

6030 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
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Renovated Storefront Building on Highway
$899,900
8,380 SF

Renovated Storefront Building on Highway

Two-unit storefront building with leases in place and parking.

55 N Barron Blvd, Grayslake, IL 60030
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Grayslake Corner Location For Sale
$629,900
3,150 SF

Grayslake Corner Location For Sale

Prime corner location in downtown Grayslake with redevelopment potential.

102-106 Center St, Grayslake, IL 60030
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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.

Waukegan Land Development Opportunity
$559,000

Waukegan Land Development Opportunity

Prime vacant land for commercial development in Waukegan, Illinois.

1213 Grand Avenue, 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 Road, Waukegan, IL 60085
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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 Road, Waukegan, IL 60087
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Corner Lot in Beach Park
$750,000
1.36 Acres

Corner Lot in Beach Park

1.36 acre corner lot with high traffic visibility.

12640 W WADSWORTH Road, Beach Park, IL 60087
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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.

219 Greenwood Ave

219 Greenwood Ave

BAR, TAVERN • 2,634 SF
Value Estimation by Request
219 Greenwood Ave, Waukegan, IL 60087-5133
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940 Waukegan Rd

940 Waukegan Rd

RESTAURANT • 2,152 SF
Value Estimation
$820,000
940 Waukegan Rd, Waukegan, IL 60085-6710
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2122 Grand Ave

2122 Grand Ave

RESTAURANT • 1,722 SF
Value Estimation by Request
2122 Grand Ave, Waukegan, IL 60085-3416
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3001 Belvidere Rd

3001 Belvidere Rd

RESTAURANT • 5,238 SF
Value Estimation
$730,000
3001 Belvidere Rd, Waukegan, IL 60085-6013
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318 Belvidere Rd

318 Belvidere Rd

RESTAURANT • 1,318 SF
Value Estimation by Request
318 Belvidere Rd, Waukegan, IL 60085-6508
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30 Genesee St

30 Genesee St

RESTAURANT • 3,168 SF
Value Estimation by Request
30 Genesee St, Waukegan, IL 60085-4307
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1510 Lewis Ave

1510 Lewis Ave

RESTAURANT • 2,558 SF
Value Estimation
$565,000
1510 Lewis Ave, Waukegan, IL 60085-1760
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1726 Belvidere Rd

1726 Belvidere Rd

RESTAURANT • 902 SF
Value Estimation by Request
1726 Belvidere Rd, Waukegan, IL 60085-7220
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2101 Grand Ave

2101 Grand Ave

RESTAURANT • 4,892 SF
Value Estimation
$755,000
2101 Grand Ave, Waukegan, IL 60085-3415
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1412 Washington St

1412 Washington St

RESTAURANT • 3,630 SF
Value Estimation by Request
1412 Washington St, Waukegan, IL 60085-5345
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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
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36 Genesee St

36 Genesee St

BAR, TAVERN • 5,040 SF
Value Estimation by Request
36 Genesee St, Waukegan, IL 60085-4307
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2632 Washington St

2632 Washington St

RESTAURANT • 1,188 SF
Value Estimation by Request
2632 Washington St, Waukegan, IL 60085-4917
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2000 Grand Ave

2000 Grand Ave

RESTAURANT • 1,440 SF
Value Estimation
$505,000
2000 Grand Ave, Waukegan, IL 60085-3404
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50 Grn Bay Rd

50 Grn Bay Rd

RESTAURANT • 17,239 SF
Value Estimation
$735,000
50 Grn Bay Rd, Waukegan, IL 60085-4816
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3300 Grand Ave

3300 Grand Ave

RESTAURANT • 1,732 SF
Value Estimation
$1,475,000
3300 Grand Ave, Waukegan, IL 60085-2206
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800 Waukegan Rd

800 Waukegan Rd

RESTAURANT • 3,532 SF
Value Estimation
$3,350,000
800 Waukegan Rd, Waukegan, IL 60085-6723
View details
2500 Grand Ave

2500 Grand Ave

BAR, TAVERN • 7,421 SF
Value Estimation by Request
2500 Grand Ave, Waukegan, IL 60085-3317
View details
919 Grn Bay Rd

919 Grn Bay Rd

RESTAURANT • 3,144 SF
Value Estimation
$935,000
919 Grn Bay Rd, Waukegan, IL 60085-2239
View details
2021 Lewis Ave

2021 Lewis Ave

RESTAURANT • 1,896 SF
Value Estimation by Request
2021 Lewis Ave, Waukegan, IL 60087-4721
View details

Waukegan, IL Restaurants Investment Opportunities Market Analysis

Explore 77 restaurants for sale in Waukegan, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,383,477 square feet of properties for sale, with an estimated market value of $26,219,900.

Sale prices for restaurant properties in Waukegan, IL start at $60,000, averaging $494,715, 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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