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    Waukegan, IL
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    Waukegan, IL Retail Properties & Spaces for Sale

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    North Chicago, IL Park City, IL Gurnee, IL
    15 results
    Commercial Building at Signalized Corner
    $499,900
    0.31 Acres

    Commercial Building at Signalized Corner

    1200 N Green Bay Road, Waukegan, IL 60085

    Freestanding commercial building suited for retail or office use.

    • High‑visibility location at a signalized corner of Green Bay Rd. and Crescent St.
    • Grandfathered, highly visible signage.
    • Parking for 18 cars, including a carport.
    • Versatile layout with five private rooms and a conference room.
    • Newer roof (2019) and recently seal‑coated parking lot.
    Updated: Jun 26, 2025
    View details
    Waukegan Commercial Parcels For Sale
    $1,200,000
    4,320 SF

    Waukegan Commercial Parcels For Sale

    1340-1350 Lewis Avenue, Waukegan, IL 60085

    Two commercial buildings, formerly a tire shop and car wash.

    • Two free‑standing commercial buildings included.
    • Combined square footage of buildings totals 7,670.
    • Total lot size of 41,984 square feet.
    • Formerly a tire shop and car wash.
    • Two parcels being sold together.
    Updated: Nov 13, 2025
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    Prime Corner Development Site Available
    $700,000
    1.52 Acres

    Prime Corner Development Site Available

    High-visibility 1.52-acre corner lot ideal for various commercial uses.

    Brookside Avenue, Waukegan, IL 60085
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    Waukegan Commercial Property For Sale
    $289,000
    0.07 Acres

    Waukegan Commercial Property For Sale

    Commercial property in Waukegan, IL, available for sale.

    518 Chestnut Street, Waukegan, IL 60085
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    Salon Ready for New Owner
    Contact for pricing

    Salon Ready for New Owner

    Move-in ready salon with natural light and ample parking.

    2052 Western Avenue, Waukegan, IL 60087
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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
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    Two-Unit Commercial Building For Sale
    $475,000

    Two-Unit Commercial Building For Sale

    Two-unit commercial building in Waukegan, Illinois, ideal for investors.

    1104 W Glen Flora Avenue, Waukegan, IL 60085
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    Mixed-Use Property in Waukegan, IL
    $283,975
    1,740 SF

    Mixed-Use Property in Waukegan, IL

    Mixed-use property with retail storefront and apartments in Waukegan.

    726 10th Street, Waukegan, IL 60085
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    Occupied Strip Building For Sale
    $2,962,000
    14,180 SF

    Occupied Strip Building For Sale

    100% occupied strip building with long-term leases and rental increases.

    3035 Belvidere Rd, Waukegan, IL
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    Versatile Commercial Building in Waukegan
    $175,000
    0.30 Acres

    Versatile Commercial Building in Waukegan

    Commercial building with potential, suitable for automotive or other uses.

    509 May Street, Waukegan, IL 60085
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    Leased Office and Event Space
    $250,000

    Leased Office and Event Space

    Fully leased office suites and event space with parking lot.

    814 Washington Street, Waukegan, IL 60085
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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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    Storefront and Two-Flat Building
    $460,000

    Storefront and Two-Flat Building

    Two buildings: storefront and two-flat, ample parking.

    1809 Washington Street, Waukegan, IL 60085
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    Retail Spaces on Grand Avenue
    Contact for pricing
    66,345 SF

    Retail Spaces on Grand Avenue

    Retail and office spaces available in Waukegan shopping center.

    2603-2709 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
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 15 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 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.

    Established Nail Salon Opportunity
    $100,000
    1,200 SF

    Established Nail Salon Opportunity

    Thriving nail salon in prime location with no competition.

    2314 Green Bay Road, North Chicago, IL 60064
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    Retail Space on Skokie Highway
    Contact for pricing
    10,000 SF

    Retail Space on Skokie Highway

    10,000 SF retail space available on Skokie Highway.

    1207 North Skokie Highway, Gurnee, IL 60031
    View details
    North Chicago Commercial Building For Sale
    $180,000
    5,928 SF

    North Chicago Commercial Building For Sale

    Two-story commercial building in North Chicago's central business district.

    2030 Greenbay Road, North Chicago, IL 60064
    View details
    Commercial Land Ideal for Development
    $598,000

    Commercial Land Ideal for Development

    Commercial land parcel suitable for retail or office development.

    35923 Barberry Ln, Gurnee, IL 60031
    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
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    Waukegan Land Bundle For Sale
    $499,999
    11.76 Acres

    Waukegan Land Bundle For Sale

    Three parcels of land totaling 11.76 acres in Waukegan, IL.

    1504 W Glen Flora 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
    Commercial Land on Old Grand Avenue
    $299,900

    Commercial Land on Old Grand Avenue

    Commercial land available on Old Grand Avenue in Gurnee, Illinois.

    4017 Old Grand Avenue, Gurnee, IL 60031
    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
    RESTAURANT
    3,680 SF Lot: 0.58 Acres
    Value Estimation by Request

    226 Sheridan Rd, Waukegan, IL 60085-4230

    View details
    3001 Belvidere Rd
    RESTAURANT
    5,238 SF Lot: 0.68 Acres
    Value Estimation by Request

    3001 Belvidere Rd, Waukegan, IL 60085-6013

    View details
    550 Genesee St
    RETAIL STORES (PERSONAL SERVICES)
    21,203 SF Lot: 0.93 Acres
    Value Estimation by Request

    550 Genesee St, Waukegan, IL 60085-7573

    View details
    644 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,081 SF Lot: 0.12 Acres
    Value Estimation by Request

    644 Grand Ave, Waukegan, IL 60085-4156

    View details
    1802 Belvidere Rd
    FINANCIAL BUILDING
    3,500 SF Lot: 0.51 Acres
    Value Estimation by Request

    1802 Belvidere Rd, Waukegan, IL 60085-7222

    View details
    821 Grn Bay Rd
    SERVICE STATION WITH FOOD MART
    3,600 SF Lot: 0.33 Acres
    Estimated value
    $1,065,000

    821 Grn Bay Rd, Waukegan, IL 60085-2237

    View details
    452 Lakehurst Rd
    GYM, HEALTH SPA
    42,526 SF Lot: 3.24 Acres
    Estimated value
    $3,650,000

    452 Lakehurst Rd, Waukegan, IL 60085-6604

    View details
    2766 Washington St
    RETAIL STORES (PERSONAL SERVICES)
    7,680 SF Lot: 0.11 Acres
    Value Estimation by Request

    2766 Washington St, Waukegan, IL 60085-4959

    View details
    2304 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    5,940 SF Lot: 0.34 Acres
    Estimated value
    $910,000

    2304 Grand Ave, Waukegan, IL 60085-3313

    View details

    Waukegan, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 72 retail properties & spaces for sale in Waukegan, IL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 28,044 square feet of properties for sale, with an estimated market value of $5,244,975.

    Sale prices for stores in Waukegan, IL start at $283,975, averaging $1,311,243, and reaching up to $2,962,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Shopping centers 11
    Storefront properties 7
    Automotive properties 5
    Auto shops 4
    Car washes 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    60085 $434.8K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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