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    Waukegan, IL
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    Waukegan, IL Restaurants for Sale

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    North Chicago, IL Park City, IL Gurnee, IL
    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
    View details
    Mixed-Use Building in Waukegan
    $449,900
    0.16 Acres

    Mixed-Use Building in Waukegan

    818 10th Street, Waukegan, IL 60085

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

    • 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: May 17, 2024
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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
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, 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.

    Gurnee, IL Chili's For Sale
    $3,050,000

    Gurnee, IL Chili's For Sale

    Single-tenant Chili's in Gurnee, IL with corporate guaranteed lease.

    6030 Grand Avenue, Gurnee, IL 60031
    View details
    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
    View details
    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
    View details
    Grayslake Corner Location For Sale
    $599,900
    3,150 SF

    Grayslake Corner Location For Sale

    Prime corner location in downtown Grayslake with redevelopment potential.

    102-106 Center St, Grayslake, IL 60030
    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 Avenue, Waukegan, IL 60085
    View details
    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
    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 Road, Waukegan, IL 60087
    View details
    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
    View details

    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.

    226 Sheridan Rd

    226 Sheridan Rd

    RESTAURANT • 3,680 SF
    Value Estimation by Request
    226 Sheridan Rd, Waukegan, IL 60085-4230
    View details
    3001 Belvidere Rd

    3001 Belvidere Rd

    RESTAURANT • 5,238 SF
    Value Estimation by Request
    3001 Belvidere Rd, Waukegan, IL 60085-6013
    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
    940 Waukegan Rd

    940 Waukegan Rd

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

    2122 Grand Ave

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

    318 Belvidere Rd

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

    30 Genesee St

    RESTAURANT • 3,168 SF
    Value Estimation by Request
    30 Genesee St, Waukegan, IL 60085-4307
    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
    1726 Belvidere Rd

    1726 Belvidere Rd

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

    2101 Grand Ave

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

    1412 Washington St

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

    36 Genesee St

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

    2632 Washington St

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

    2000 Grand Ave

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

    50 Grn Bay Rd

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

    3300 Grand Ave

    RESTAURANT • 1,732 SF
    Value Estimation
    $1,475,000
    3300 Grand Ave, Waukegan, IL 60085-2206
    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
    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 72 restaurants for sale in Waukegan, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,804 square feet of properties for sale, with an estimated market value of $799,000.

    Sale prices for restaurant properties in Waukegan, IL start at $799,000, averaging $799,000, and reaching up to $799,000 — 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

    Drive through restaurants 2
    Breakfast & diners 1
    Conventional restaurants 1

    Demographics Overview

    Population 100K
    Population Growth (5Y) +2.8%
    Median Household Income $68,390
    College Educated 16.7%

    High-Yield Neighborhoods for Strategic Investment

    Identify Waukegan submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60085 $449.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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