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    Waukegan, IL Retail Properties & Spaces for Sale

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    9 properties
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    Prime Corner Development Site Available
    Updated: Sep 30, 2025
    Prime Corner Development Site Available

    Brookside Avenue, Waukegan, IL 60085

    $700,000
    1.52 AC lot
    1.52‑acre corner development site with high visibility on N Green Bay Rd (Route 131) and Brookside Ave.
    Over 394 feet of frontage on Green Bay Rd and 300 feet along Brookside.
    Zoned B‑3 General Commercial, allowing a wide range of uses (auto dealership, QSR, retail, service, medical, or mixed commercial).
    Located within Waukegan's established auto dealership corridor, near Kia, Toyota, Pep Boys, and Thorntons.
    Fully served by utilities to the site, including Natural Gas Available.
    View details
    Commercial Building at Signalized Corner
    Updated: Jun 26, 2025
    Commercial Building at Signalized Corner

    1200 N Green Bay Road, Waukegan, IL 60085

    $499,900
    0.31 AC lot
    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.
    View details
    Turnkey Barber and Salon Space
    Turnkey Barber and Salon Space

    2052 Western Avenue, Waukegan, IL 60087

    Contact for pricing

    Move-in-ready salon layout with styling stations, shampoo area, reception, and restroom in a COMMR storefront setting.

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    Established Restaurant with Slot Machines
    Established Restaurant with Slot Machines

    1401 Golf Rd, Waukegan, IL

    $799,000
    7,804 sqft 0.88 AC lot

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

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    Mixed-Use Brick Corner Building
    Mixed-Use Brick Corner Building

    726 10th Street, Waukegan, IL 60085

    $283,975
    0.08 AC lot

    Brick mixed-use corner property with retail storefront, attached 2-car garage, and three income apartments over two levels.

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    Retail Spaces on Grand Avenue
    Retail Spaces on Grand Avenue

    2603-2709 Grand Ave, Waukegan, IL 60085

    Contact for pricing
    66,345 sqft

    Retail and office spaces available in Waukegan shopping center.

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    Two-Unit Commercial Building For Sale
    Two-Unit Commercial Building For Sale

    1104 W Glen Flora Avenue, Waukegan, IL 60085

    $475,000

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

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    Waukegan Retail Property with Drive-Thru
    Waukegan Retail Property with Drive-Thru

    919 N Green Bay Rd, Waukegan, IL

    Contact for pricing
    3,129 sqft 1.22 AC lot

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

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    Leased Office and Event Space
    Leased Office and Event Space

    814 Washington Street, Waukegan, IL 60085

    $250,000

    Fully leased office suites and event space with parking lot.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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
    Established Nail Salon Opportunity

    2314 Green Bay Road, North Chicago, IL 60064

    $100,000
    1,200 sqft 0.66 AC lot

    Thriving nail salon in prime location with no competition.

    View details
    Mixed-Use Retail and Office Center
    Mixed-Use Retail and Office Center

    3545-3575 Grand Ave, Gurnee, IL 60031

    Contact for pricing
    105,000 sqft 6.80 AC lot

    Mixed-use development with retail storefront visibility and second-floor office space on a signalized corner with abundant parking.

    View details
    North Chicago Commercial Building For Sale
    North Chicago Commercial Building For Sale

    2030 Greenbay Road, North Chicago, IL 60064

    $180,000
    5,928 sqft 0.94 AC lot

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

    View details
    Commercial Land Ideal for Development
    Commercial Land Ideal for Development

    35923 Barberry Ln, Gurnee, IL 60031

    $598,000

    Commercial land parcel suitable for retail or office development.

    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
    Waukegan Land Development Opportunity

    1213 Grand Avenue, Waukegan, IL 60085

    $559,000
    1.49 AC lot

    Prime vacant land for commercial development in Waukegan, Illinois.

    View details
    Waukegan Land Bundle For Sale
    Waukegan Land Bundle For Sale

    1504 W Glen Flora Avenue, Waukegan, IL 60085

    $499,999
    11.76 AC lot

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

    View details
    Commercial Land in High-Traffic Area
    Commercial Land in High-Traffic Area

    502 Belvidere Road, Waukegan, IL 60085

    $49,900
    0.17 AC lot

    Commercial land with high visibility and seller financing options.

    View details
    Land Available Near I-94
    Land Available Near I-94

    601 Lakehurst Road, Waukegan, IL 60085

    $999,500

    Land for sale near I-94 and Belvidere Rd Exit.

    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

    226 Sheridan Rd, Waukegan, IL 60085-4230

    Value Estimation by Request
    3,680 sqft 0.58 AC lot
    View details
    3001 Belvidere Rd
    RESTAURANT

    3001 Belvidere Rd, Waukegan, IL 60085-6013

    Value Estimation by Request
    5,238 sqft 0.68 AC lot
    View details
    550 Genesee St
    RETAIL STORES (PERSONAL SERVICES)

    550 Genesee St, Waukegan, IL 60085-7573

    Value Estimation by Request
    21,203 sqft 0.93 AC lot
    View details
    644 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    644 Grand Ave, Waukegan, IL 60085-4156

    Value Estimation by Request
    1,081 sqft 0.12 AC lot
    View details
    1802 Belvidere Rd
    FINANCIAL BUILDING

    1802 Belvidere Rd, Waukegan, IL 60085-7222

    Value Estimation by Request
    3,500 sqft 0.51 AC lot
    View details
    821 Grn Bay Rd
    SERVICE STATION WITH FOOD MART

    821 Grn Bay Rd, Waukegan, IL 60085-2237

    $1,065,000
    Estimated value
    3,600 sqft 0.33 AC lot
    View details
    452 Lakehurst Rd
    GYM, HEALTH SPA

    452 Lakehurst Rd, Waukegan, IL 60085-6604

    $3,650,000
    Estimated value
    42,526 sqft 3.24 AC lot
    View details
    2766 Washington St
    RETAIL STORES (PERSONAL SERVICES)

    2766 Washington St, Waukegan, IL 60085-4959

    Value Estimation by Request
    7,680 sqft 0.11 AC lot
    View details
    2304 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    2304 Grand Ave, Waukegan, IL 60085-3313

    $910,000
    Estimated value
    5,940 sqft 0.34 AC lot
    View details
    606 Nn Ave
    RETAIL STORES (PERSONAL SERVICES)

    606 Nn Ave, Waukegan, IL 60085-3948

    Value Estimation by Request
    7,242 sqft 0.09 AC lot
    View details
    521 Greenwood Ave
    RETAIL STORES (PERSONAL SERVICES)

    521 Greenwood Ave, Waukegan, IL 60087-5102

    $900,000
    Estimated value
    9,180 sqft 0.18 AC lot
    View details
    314 Lewis Ave
    CONVENIENCE STORE

    314 Lewis Ave, Waukegan, IL 60085-5230

    $1,215,000
    Estimated value
    2,640 sqft 0.42 AC lot
    View details
    2435 Washington St
    CONVENIENCE STORE

    2435 Washington St, Waukegan, IL 60085-5064

    $940,000
    Estimated value
    3,012 sqft 0.54 AC lot
    View details
    219 Greenwood Ave
    BAR, TAVERN

    219 Greenwood Ave, Waukegan, IL 60087-5133

    Value Estimation by Request
    2,634 sqft 0.27 AC lot
    View details
    561 Lewis Ave
    RETAIL STORES (PERSONAL SERVICES)

    561 Lewis Ave, Waukegan, IL 60085-6113

    $2,475,000
    Estimated value
    14,400 sqft 1.62 AC lot
    View details

    Waukegan, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Waukegan, IL, showcased through 9 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 stores 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

    Commercial property segments ranked by active listings on the market

    Shopping centers 8
    Storefront properties 7
    Auto shops 2
    Automotive properties 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 average listing prices of real estate assets

    Neighborhood Average Price
    60085 $449.4K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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