Waukegan, IL
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    Waukegan, IL Retail Space for Sale

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    North Chicago, IL Park City, IL Gurnee, IL
    Leased Office and Event Space
    $250,000
    Leased Office and Event Space

    814 Washington Street, Waukegan, IL 60085

    Fully leased office suites and event space with parking lot.
    • Fully leased office suites providing immediate rental income.
    • Established party/event space with a proven rental history.
    • Large parking lot with 21 spaces, offering potential for additional income generation.
    • Cash flow opportunity.
    • Commercial property suitable for various business ventures.
    Updated: May 2, 2025
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    Retail Spaces on Grand Avenue
    Contact for pricing
    66,345 SF
    Retail Spaces on Grand Avenue

    2603-2709 Grand Ave, Waukegan, IL 60085

    Retail and office spaces available in Waukegan shopping center.
    • High‑traffic location on Grand Ave (IL 132) with over 27,000 vehicles per day.
    • Shadow anchored by a 70,000 SF Lewis Foods Supermarket.
    • Pylon and large digital billboard signage available on Grand Ave.
    • Spaces available in Vanilla Box condition, ready for new businesses.
    • Existing tenants include Dollar General, Talecris Plasma Resources, Rent‑A‑Center, and Dotty's Cafe.
    Updated: Nov 21, 2025
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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 2 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 1 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.

    Grayslake Storefront Building For Sale
    $899,900
    4,800 SF
    Grayslake Storefront Building For Sale

    Two-unit storefront building in Grayslake, fully rented, renovated in 2005.

    55 Barron Boulevard, Grayslake, IL 60030

    View details
    Versatile Commercial Property in Libertyville
    $1,599,000
    0.69 Acres
    Versatile Commercial Property in Libertyville

    Thriving commercial property with high visibility and flexible layouts.

    197 Peterson Road, Libertyville, IL 60048

    View details
    Mixed-Use Building on Highway 45
    $495,900
    0.29 Acres
    Mixed-Use Building on Highway 45

    Versatile commercial/residential building in high-visibility Grayslake location.

    33125 N US Highway 45, Grayslake, IL 60030

    View details
    Mixed-Use Trophy Asset in Libertyville
    $6,995,000
    16,621 SF
    Mixed-Use Trophy Asset in Libertyville

    Premier mixed-use property in Libertyville's vibrant Downtown Core.

    545 North Milwaukee Avenue, Libertyville, IL 60048

    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    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)
    21,203 SF Lot: 0.93 Acres
    Value Estimation by Request

    550 Genesee St, Waukegan, IL 60085-7573

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    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

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    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

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    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

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    606 Nn Ave
    RETAIL STORES (PERSONAL SERVICES)
    7,242 SF Lot: 0.09 Acres
    Value Estimation by Request

    606 Nn Ave, Waukegan, IL 60085-3948

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    521 Greenwood Ave
    RETAIL STORES (PERSONAL SERVICES)
    9,180 SF Lot: 0.18 Acres
    Estimated value
    $900,000

    521 Greenwood Ave, Waukegan, IL 60087-5102

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    561 Lewis Ave
    RETAIL STORES (PERSONAL SERVICES)
    14,400 SF Lot: 1.62 Acres
    Estimated value
    $2,475,000

    561 Lewis Ave, Waukegan, IL 60085-6113

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    2859 Washington St
    RETAIL STORES (PERSONAL SERVICES)
    2,400 SF Lot: 0.18 Acres
    Value Estimation by Request

    2859 Washington St, Waukegan, IL 60085-4839

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    2614 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    4,112 SF Lot: 0.16 Acres
    Value Estimation by Request

    2614 Grand Ave, Waukegan, IL 60085-2411

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    2510 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    2,223 SF Lot: 0.40 Acres
    Estimated value
    $520,000

    2510 Grand Ave, Waukegan, IL 60085-3317

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    912 Greenwood Ave
    RETAIL STORES (PERSONAL SERVICES)
    3,500 SF Lot: 0.07 Acres
    Value Estimation by Request

    912 Greenwood Ave, Waukegan, IL 60087-4952

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    38 Genesee St
    RETAIL STORES (PERSONAL SERVICES)
    8,240 SF Lot: 0.08 Acres
    Value Estimation by Request

    38 Genesee St, Waukegan, IL 60085-4307

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    1401 11th St
    RETAIL STORES (PERSONAL SERVICES)
    39,184 SF Lot: 1.04 Acres
    Value Estimation by Request

    1401 11th St, Waukegan, IL 60085

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    1602 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,200 SF Lot: 0.09 Acres
    Value Estimation by Request

    1602 Grand Ave, Waukegan, IL 60085-3606

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    1604 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    2,160 SF Lot: 0.08 Acres
    Value Estimation by Request

    1604 Grand Ave, Waukegan, IL 60085-3606

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    814 Gln Flora Ave
    RETAIL STORES (PERSONAL SERVICES)
    10,140 SF Lot: 0.40 Acres
    Value Estimation by Request

    814 Gln Flora Ave, Waukegan, IL 60085-1839

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    678 Genesee St
    RETAIL STORES (PERSONAL SERVICES)
    6,768 SF Lot: 0.19 Acres
    Value Estimation by Request

    678 Genesee St, Waukegan, IL 60085-7551

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    1820 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    3,348 SF Lot: 0.21 Acres
    Value Estimation by Request

    1820 Grand Ave, Waukegan, IL 60085-3575

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    610 Genesee St
    RETAIL STORES (PERSONAL SERVICES)
    15,872 SF Lot: 0.63 Acres
    Value Estimation by Request

    610 Genesee St, Waukegan, IL 60085-7519

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    3901 Fountain Sq Pl
    RETAIL STORES (PERSONAL SERVICES)
    49,057 SF Lot: 6.24 Acres
    Estimated value
    $12,600,000

    3901 Fountain Sq Pl, Waukegan, IL 60085-6705

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    2001 Grn Bay Rd
    RETAIL STORES (PERSONAL SERVICES)
    11,988 SF Lot: 0.92 Acres
    Estimated value
    $1,300,000

    2001 Grn Bay Rd, Waukegan, IL 60087-4218

    View details
    602 Nn Ave
    RETAIL STORES (PERSONAL SERVICES)
    4,686 SF Lot: 0.15 Acres
    Value Estimation by Request

    602 Nn Ave, Waukegan, IL 60085-3948

    View details

    Waukegan, IL Retail Space Investment Opportunities Market Analysis

    Explore 72 retail space for sale in Waukegan, IL on our real estate platform. These investment opportunities span a total of 66,345 square feet of properties for sale, with an estimated market value of $250,015.

    Sale prices for retail space in Waukegan, IL start at $15, averaging $125,007, and reaching up to $250,000 — 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

    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 $125K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

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