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    Waukegan, IL
    Retail

    Waukegan, IL Retail Space for Sale

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    North Chicago, IL Park City, IL Gurnee, IL Beach Park, IL Zion, IL Lake Bluff, IL Wadsworth, IL Green Oaks, IL
    7 properties
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    Commercial Development Land
    Updated: Sep 17
    Commercial Development Land

    207 Pigeon Avenue, Waukegan, IL 60085

    $450,000
    1.52 AC lot
    1.52‑acre commercial land parcel
    2,520‑square‑foot outbuilding with a second floor
    Existing small home on the property
    Utilities to site
    Natural gas available
    View details
    Mixed-Use Property with Redevelopment Potential
    Updated: Sep 14
    Mixed-Use Property with Redevelopment Potential

    535 S Sheridan Rd, Waukegan, IL 60085

    $529,900
    29,798 sqft
    29,798 square feet of retail, office, and warehouse space
    1.9‑acre mixed‑use commercial site
    Located at Sheridan Road, South Genesee Street, and the Amstutz Expressway
    Reported traffic volume of 17,000 VPD
    Ready for redevelopment, according to the property information
    View details
    Dutch Bros Coffee Shop
    Dutch Bros Coffee Shop

    653 N Green Bay Rd, Waukegan, IL 60085

    Contact for pricing
    1,090 sqft

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

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    See hot listings in Waukegan

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    B3 Commercial Corner Land
    B3 Commercial Corner Land

    207 Pigeon Avenue, Waukegan, IL 60085

    $450,000

    B3-zoned corner parcel with utilities at the site and an existing outbuilding for commercial redevelopment.

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    Retail Spaces on Grand Avenue
    Retail Spaces on Grand Avenue

    2603-2709 Grand Ave, Waukegan, IL 60085

    Contact for pricing

    Retail and office spaces available in Waukegan shopping center.

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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.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Corner Storefront Property
    Corner Storefront Property

    2901 Sunset Avenue, Waukegan, IL 60087

    Contact for pricing
    8,760 sqft

    Corner-positioned commercial building with dedicated on-site parking and flexible retail-oriented space.

    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Unit Storefront Property
    Two-Unit Storefront Property

    2748 Sheridan Rd, Zion, IL 60099

    $279,000
    4,500 sqft

    Sheridan Road commercial building with separate billing, storage areas, and an established occupant in one unit.

    View details
    Office Building with Retail Space
    Office Building with Retail Space

    6021 W. Washington St., Gurnee, IL 60031

    Contact for pricing
    7,200 sqft

    C-2 PUD-zoned property with flexible office and retail space.

    View details
    Freestanding Retail Building
    Freestanding Retail Building

    7010 Grand Ave., Gurnee, IL 60031

    Contact for pricing
    11,581 sqft

    Established retail property with a substantial commercial footprint and an indicated 6.65% CAP rate.

    View details
    Two-Unit Retail Storefront
    Two-Unit Retail Storefront

    2748 Sheridan Road, Zion, IL 60099

    $279,000
    0.16 AC lot

    Commercial property with separately billed units, basement storage, and additional attic storage in one suite.

    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.

    550 Genesee St
    RETAIL STORES (PERSONAL SERVICES)

    550 Genesee St, Waukegan, IL 60085-7573

    Estimated value:
    $590,000
    21,203 sqft 0.93 AC lot
    View details
    644 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    644 Grand Ave, Waukegan, IL 60085-4156

    Estimated value:
    $265,000
    1,081 sqft 0.12 AC lot
    View details
    2766 Washington St
    RETAIL STORES (PERSONAL SERVICES)

    2766 Washington St, Waukegan, IL 60085-4959

    Estimated value:
    $335,000
    7,680 sqft 0.11 AC lot
    View details
    2304 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    2304 Grand Ave, Waukegan, IL 60085-3313

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

    606 Nn Ave, Waukegan, IL 60085-3948

    Estimated value:
    $155,000
    7,242 sqft 0.09 AC lot
    View details
    521 Greenwood Ave
    RETAIL STORES (PERSONAL SERVICES)

    521 Greenwood Ave, Waukegan, IL 60087-5102

    Estimated value:
    $1,050,000
    9,180 sqft 0.18 AC lot
    View details
    561 Lewis Ave
    RETAIL STORES (PERSONAL SERVICES)

    561 Lewis Ave, Waukegan, IL 60085-6113

    Estimated value:
    $3,095,000
    14,400 sqft 1.62 AC lot
    View details
    2859 Washington St
    RETAIL STORES (PERSONAL SERVICES)

    2859 Washington St, Waukegan, IL 60085-4839

    Estimated value:
    $285,000
    2,400 sqft 0.18 AC lot
    View details
    2614 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    2614 Grand Ave, Waukegan, IL 60085-2411

    Estimated value:
    $430,000
    4,112 sqft 0.16 AC lot
    View details
    2510 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    2510 Grand Ave, Waukegan, IL 60085-3317

    Estimated value:
    $520,000
    2,223 sqft 0.40 AC lot
    View details
    912 Greenwood Ave
    RETAIL STORES (PERSONAL SERVICES)

    912 Greenwood Ave, Waukegan, IL 60087-4952

    Estimated value:
    $320,000
    3,500 sqft 0.07 AC lot
    View details
    38 Genesee St
    RETAIL STORES (PERSONAL SERVICES)

    38 Genesee St, Waukegan, IL 60085-4307

    Estimated value:
    $400,000
    8,240 sqft 0.08 AC lot
    View details
    1401 11th St
    RETAIL STORES (PERSONAL SERVICES)

    1401 11th St, Waukegan, IL 60085

    Estimated value:
    $130,000
    39,184 sqft 1.04 AC lot
    View details
    1602 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    1602 Grand Ave, Waukegan, IL 60085-3606

    Estimated value:
    $270,000
    1,200 sqft 0.09 AC lot
    View details
    1604 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    1604 Grand Ave, Waukegan, IL 60085-3606

    Estimated value:
    $280,000
    2,160 sqft 0.08 AC lot
    View details
    814 Gln Flora Ave
    RETAIL STORES (PERSONAL SERVICES)

    814 Gln Flora Ave, Waukegan, IL 60085-1839

    Estimated value:
    $215,000
    10,140 sqft 0.40 AC lot
    View details
    678 Genesee St
    RETAIL STORES (PERSONAL SERVICES)

    678 Genesee St, Waukegan, IL 60085-7551

    Estimated value:
    $290,000
    6,768 sqft 0.19 AC lot
    View details

    Waukegan, IL Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Waukegan, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 39,648 square feet of properties for sale, with an estimated market value of $1,679,900.

    Sale prices for retail space in Waukegan, IL start at $250,000, averaging $419,975, and reaching up to $529,900 — 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 6
    Storefront properties 3
    Auto shops 2
    Automotive properties 2
    Grocery and convenience stores 1

    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 $336K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Waukegan, IL

    • 60085
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    Realmo connects you with licensed Waukegan CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Maki United
    3425 W. Sunset Ave Waukegan, IL 60087
    Phone: (847) 336-7333
    21united.com
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