Waukegan, IL Retail Properties & Spaces for Sale

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North Chicago, IL Park City, IL Gurnee, IL Chicago, IL Beach Park, IL Zion, IL Lake Bluff, IL Wadsworth, IL

27 properties

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Updated: Sep 30, 2025

Corner Commercial Land

Brookside Avenue, Waukegan, IL 60085

$700,000

1.52 AC lot

1.52‑acre commercial land parcel at the corner of N Green Bay Rd and Brookside Ave
394 feet of frontage on N Green Bay Rd and 300 feet along Brookside Ave
Additional access provided by the Pigeon Ave slip road
25,600 average daily vehicles on N Green Bay Rd
Located near Kia, Toyota, Pep Boys, and a Thorntons gas station

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Updated: Feb 3

Salon Retail Space with Styling Stations

2052 Western Avenue, Waukegan, IL 60087

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Multiple styling stations with open interior layout
Dedicated shampoo area, reception space, and restroom
Modern flooring and abundant natural light
Central air conditioning
COMMR zoning

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10-Bay Automotive Service Property

3375 Grand Ave, Waukegan, IL 60085

$2,500,000

10,244 sqft 1.76 AC lot

Automotive sales and repair facility with multiple drive-in doors, extensive vehicle parking, and retail-oriented exposure.

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Dutch Bros Coffee Shop

653 N Green Bay Rd, Waukegan, IL 60085

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1,090 sqft

New construction coffee shop with multiple access points and monument signage.

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Multi-Tenant Retail Center with Parking

2662-2674 West Washington Street, Waukegan, IL 60085

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9,176 sqft

Four-unit retail center built in 2007 with 52 parking spaces and triple-net tenants operating on leases through 2019–2020.

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Retail Storefront with Full Basement

610 S Genesee St, Waukegan, IL 60085

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7,785 sqft

Retail building with on-site parking, a high-ceiling basement, and two HVAC systems serving the property.

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Chase Bank Retail Space

3950 Fountain Square Place, Waukegan, IL 60085

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4,307 sqft

Chase Bank retail space with a reported 5.00% CAP and established commercial use.

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Corner Retail Building

3100 Grand Ave, Waukegan, IL 60085

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4,000 sqft 1.17 AC lot

Commercial property positioned at the Grand Avenue and Green Bay Road intersection with substantial site area and strong roadway exposure.

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Established Restaurant with Slot Machines

1401 Golf Rd, Waukegan, IL

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7,804 sqft 0.88 AC lot

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

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Retail

525 S Green Bay Rd, Waukegan, IL 60085

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4,300 sqft 1.03 AC lot

Car washes · 4,300 SF

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Net Leased CVS Pharmacy

3001 Washington St, Waukegan, IL 60085

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11,414 sqft

Net leased CVS Pharmacy with drive-thru service in a 11,414-square-foot corner building on a signalized intersection.

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Three-Story Mixed-Use Building

38 North Genesee Street, Waukegan, IL 60085

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8,000 sqft

Main-floor food business occupies an upgraded storefront in downtown Waukegan’s central business area.

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Auto Service Building with 3 Bays

1212 N Lewis Ave, Waukegan, IL 60085

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2,940 sqft 0.50 AC lot

Jiffy Lube auto service building with three bays on an absolute NNN lease structure.

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Signalized-Corner Retail Space

2511 Grand Ave, Waukegan, IL 60085

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0.36 AC lot

Retail building with B2 zoning positioned at a signalized intersection along Grand Ave.

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Automotive Repair Building with Paint Booth

840 South Genesee Street, Waukegan, IL 60085

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2,900 sqft

Solid brick auto shop includes an office, paint booth with separate heat, and garage equipment, plus ample on-site parking.

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Modified NNN Retail Center Anchored by DaVita

3350-3364 Grand Ave, Waukegan, IL 60085

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Modified NNN retail center anchored by DaVita, surrounded by major retailers and offering development pad potential.

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Retail Shopping Center on Route 131

422-484 Green Bay Road, Waukegan, IL 60085

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Multi-tenant retail center with 15 demised units, 126 parking spaces, and major retailers within a half-mile radius.

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MOBIL Gas Station with Car Wash

2107 Grand Ave, Waukegan, IL 60085

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Operating fuel station combines a convenience store, vehicle wash, and recently replaced dispensing equipment.

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Fully Leased Anchored Shopping Center

3410-24 Grand Ave, Waukegan, IL 60085

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National-brand tenants occupy the center under modified NNN leases.

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Storefront Property with Finished Basement

810 W Glen Flora Ave, Waukegan, IL 60085

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Finished basement provides offices, storage areas, and a bathroom alongside the above-ground storefront space.

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Established Used Car Lot

1730 Belvidere Rd, Waukegan, IL 60085

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Onsite building and continued automotive use support an operating commercial property.

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Retail Spaces on Grand Avenue

2603-2709 Grand Ave, Waukegan, IL 60085

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Retail and office spaces available in Waukegan shopping center.

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Auto Parts Retail NNN Lease

2507 Grand Avenue, Waukegan, IL 60085

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NNN retail lease with tenant responsibility for taxes, CAM, insurance, and parking lot expenses.

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Leased Office and Event Space

814 Washington Street, Waukegan, IL 60085

$250,000

Fully leased office suites and event space with parking lot.

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Waukegan, IL Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Waukegan, IL, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 82,720 square feet of properties for sale, with an estimated market value of $3,450,000.

Sale prices for stores in Waukegan, IL start at $250,000, averaging $1,150,000, and reaching up to $2,500,000 — 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

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	$862.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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