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    Waukegan, IL
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    Waukegan, IL Shopping Centers for Sale

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    North Chicago, IL Park City, IL Gurnee, IL
    Occupied Strip Building For Sale
    $2,962,000
    14,180 SF

    Occupied Strip Building For Sale

    3035 Belvidere Rd, Waukegan, IL

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

    • 100% occupied with long‑term leases and annual rental increases.
    • Anchored by Concentra, a national leader in occupational health services.
    • Endcap with drive‑thru.
    • Recently renovated in 2024, including 40% roof replacement.
    • Low price per square foot ($206).
    Updated: Dec 1, 2025
    View details
    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
    View details
    Occupied Strip Center with Long-Term Leases
    Contact for pricing

    Occupied Strip Center with Long-Term Leases

    100% occupied strip center with long-term leases and annual increases.

    3035-3043 Belvidere Rd, Waukegan, IL 60085
    View details
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 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.

    Retail Endcap Space Available
    Contact for pricing
    10,297 SF

    Retail Endcap Space Available

    1,150 SF retail space with high visibility.

    2304 18th Street, Kenosha, WI 53140
    View details
    Retail Center in Johnsburg, Illinois
    Contact for pricing
    103,525 SF

    Retail Center in Johnsburg, Illinois

    Retail property in McHenry market with high visibility.

    2940 Commerce Dr, Johnsburg, IL 60051
    View details
    Retail Center in Growing Suburbs
    Contact for pricing

    Retail Center in Growing Suburbs

    Retail property in a growing Chicago MSA suburb community.

    2940 Commerce Dr |, Johnsburg, IL 60051
    View details
    Anchored Retail Center For Sale
    $4,890,000
    51,072 SF

    Anchored Retail Center For Sale

    Retail center with national tenants in a high-traffic location.

    2207-2215 80th St, Kenosha, WI
    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.

    Corner Lot in Beach Park
    $750,000
    1.36 Acres

    Corner Lot in Beach Park

    1.36 acre corner lot with high traffic visibility.

    12640 W WADSWORTH Road, Beach Park, IL 60087
    View details
    Madison Street Land Opportunity
    $450,000
    0.91 Acres

    Madison Street Land Opportunity

    Six lots on Madison Street, ideal for development.

    4440-4456 W Madison Street, Chicago, IL 60624
    View details
    Elgin Land Development Opportunity
    $10,000,000
    40.40 Acres

    Elgin Land Development Opportunity

    40.4 acres on Randall Road, ideal for mixed-use development.

    40 Acres Randall Road, Elgin, IL 60123
    View details
    Prime Corner Commercial Land Available
    $800,000
    1.90 Acres

    Prime Corner Commercial Land Available

    Corner lot suitable for retail development, drive-thru, or subdivision.

    8450 Willow Springs Road, Willow Springs, IL 60480
    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.

    2700 Belvidere Rd

    2700 Belvidere Rd

    WHOLESALE OUTLET, DISCOUNT STORE • 91,273 SF
    Value Estimation
    $10,125,000
    2700 Belvidere Rd, Waukegan, IL 60085-6008
    View details
    1700 Lewis Ave

    1700 Lewis Ave

    WHOLESALE OUTLET, DISCOUNT STORE • 88,332 SF
    Value Estimation
    $6,365,000
    1700 Lewis Ave, Waukegan, IL 60085-1764
    View details
    3123 Lewis Ave

    3123 Lewis Ave

    SHOPPING CENTER, STRIP CENTER • 12,152 SF
    Value Estimation
    $1,970,000
    3123 Lewis Ave, Waukegan, IL 60087
    View details
    1600 Lewis Ave

    1600 Lewis Ave

    WHOLESALE OUTLET, DISCOUNT STORE • 30,510 SF
    Value Estimation
    $2,730,000
    1600 Lewis Ave, Waukegan, IL 60085-1762
    View details
    3900 Fountain Sq Pl

    3900 Fountain Sq Pl

    WHOLESALE OUTLET, DISCOUNT STORE • 2,502 SF
    Value Estimation by Request
    3900 Fountain Sq Pl, Waukegan, IL 60085-6708
    View details
    2229 Lewis Ave

    2229 Lewis Ave

    Neighborhood centers
    Value Estimation by Request
    2229 Lewis Ave, Waukegan, IL 60087
    View details
    2312 Grand Ave

    2312 Grand Ave

    Lifestyle centers • 5,940 SF
    Value Estimation by Request
    2312 Grand Ave, Waukegan, IL 60087
    View details
    2205 Lewis Ave

    2205 Lewis Ave

    SHOPPING CENTER, STRIP CENTER • 48,030 SF
    Value Estimation
    $7,195,000
    2205 Lewis Ave, Waukegan, IL 60087-3804
    View details
    699 Lakehurst Rd

    699 Lakehurst Rd

    WHOLESALE OUTLET, DISCOUNT STORE • 35,868 SF
    Value Estimation
    $1,200,000
    699 Lakehurst Rd, Waukegan, IL 60085-6707
    View details
    920 Grn Bay Rd

    920 Grn Bay Rd

    WHOLESALE OUTLET, DISCOUNT STORE • 69,723 SF
    Value Estimation
    $8,775,000
    920 Grn Bay Rd, Waukegan, IL 60085-2240
    View details
    1147 Grn Bay Rd

    1147 Grn Bay Rd

    SHOPPING CENTER, STRIP CENTER • 7,260 SF
    Value Estimation
    $1,250,000
    1147 Grn Bay Rd, Waukegan, IL 60085-2243
    View details
    2650 Belvidere Rd

    2650 Belvidere Rd

    WHOLESALE OUTLET, DISCOUNT STORE • 80,160 SF
    Value Estimation
    $2,440,000
    2650 Belvidere Rd, Waukegan, IL 60085-6006
    View details
    3008 Belvidere Rd

    3008 Belvidere Rd

    SHOPPING CENTER, STRIP CENTER • 21,600 SF
    Value Estimation
    $3,400,000
    3008 Belvidere Rd, Waukegan, IL 60085-6014
    View details

    Waukegan, IL Shopping Centers Investment Opportunities Market Analysis

    Explore 16 shopping centers for sale in Waukegan, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,180 square feet of properties for sale, with an estimated market value of $2,962,000.

    Sale prices for plazas in Waukegan, IL start at $2,962,000, averaging $2,962,000, 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.

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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%

    Taxes & Financing

    Average Loan-to-Value 65.0%

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