Advertise
    Waukegan, IL
    Shopping Center

    Waukegan, IL Shopping Centers for Sale

    Notify Me
    List
    Map
    North Chicago, IL Park City, IL Gurnee, IL Chicago, IL Beach Park, IL Zion, IL Lake Bluff, IL Wadsworth, IL
    Retail Spaces on Grand Avenue
    Updated: Nov 21, 2025
    Retail Spaces on Grand Avenue

    2603-2709 Grand Ave, Waukegan, IL 60085

    Contact for pricing
    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.
    View details
    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
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 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 2 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.

    Starbucks-Anchored Retail Center
    Starbucks-Anchored Retail Center

    1085 E Lake Cook Rd, Wheeling, IL 60090

    $5,615,000
    27,232 sqft

    Neighborhood retail center with a drive-through anchor and illuminated tenant signage.

    View details
    Retail Strip Center with Six Suites
    Retail Strip Center with Six Suites

    605-625 N Midlothian Rd, Mundelein, IL 60060

    Contact for pricing
    9,750 sqft 1.22 AC lot

    Six-suite retail center with restaurant occupancy and direct exposure at a signalized intersection.

    View details
    Hotel-Front Retail Center
    Hotel-Front Retail Center

    701 N Milwaukee Ave, Wheeling, IL 60090

    Contact for pricing
    1,050 sqft

    Shopping center positioned in front of the Westin Hotel with excellent visibility and ample parking.

    View details
    Service-Tenant Shopping Center
    Service-Tenant Shopping Center

    1501-1575 S Lake St, Mundelein, IL 60060

    Contact for pricing
    89,357 sqft

    Shopping center with net-lease arrangements and service-oriented national tenants.

    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.

    Commercial Corner Lot
    Commercial Corner Lot

    12640 W WADSWORTH Road, Beach Park, IL 60087

    $750,000
    1.36 AC lot

    Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    20420 N Rand Road, Deer Park, IL 60074

    $2,500,000
    1.94 AC lot

    PUD-zoned commercial land with Rand Road frontage and natural gas availability.

    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
    WHOLESALE OUTLET, DISCOUNT STORE

    2700 Belvidere Rd, Waukegan, IL 60085-6008

    Estimated value:
    $10,665,000
    91,273 sqft 3.89 AC lot
    View details
    1700 Lewis Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    1700 Lewis Ave, Waukegan, IL 60085-1764

    Estimated value:
    $6,515,000
    88,332 sqft 5.32 AC lot
    View details
    3123 Lewis Ave
    SHOPPING CENTER, STRIP CENTER

    3123 Lewis Ave, Waukegan, IL 60087

    Estimated value:
    $500,000
    12,152 sqft 0.57 AC lot
    View details
    1600 Lewis Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    1600 Lewis Ave, Waukegan, IL 60085-1762

    Estimated value:
    $725,000
    30,510 sqft 1.75 AC lot
    View details
    3900 Fountain Sq Pl
    WHOLESALE OUTLET, DISCOUNT STORE

    3900 Fountain Sq Pl, Waukegan, IL 60085-6708

    Estimated value:
    $430,000
    2,502 sqft 21.57 AC lot
    View details
    2312 Grand Ave
    Lifestyle centers

    2312 Grand Ave, Waukegan, IL 60087

    Estimated value: by Request
    5,940 sqft 0.34 AC lot
    View details
    2205 Lewis Ave
    SHOPPING CENTER, STRIP CENTER

    2205 Lewis Ave, Waukegan, IL 60087-3804

    Estimated value:
    $7,195,000
    48,030 sqft 3.95 AC lot
    View details
    699 Lakehurst Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    699 Lakehurst Rd, Waukegan, IL 60085-6707

    Estimated value:
    $680,000
    35,868 sqft 3.55 AC lot
    View details
    920 Grn Bay Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    920 Grn Bay Rd, Waukegan, IL 60085-2240

    Estimated value:
    $925,000
    69,723 sqft 6.51 AC lot
    View details
    1147 Grn Bay Rd
    SHOPPING CENTER, STRIP CENTER

    1147 Grn Bay Rd, Waukegan, IL 60085-2243

    Estimated value:
    $440,000
    7,260 sqft 1.39 AC lot
    View details
    2650 Belvidere Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    2650 Belvidere Rd, Waukegan, IL 60085-6006

    Estimated value:
    $810,000
    80,160 sqft 4.74 AC lot
    View details
    3008 Belvidere Rd
    SHOPPING CENTER, STRIP CENTER

    3008 Belvidere Rd, Waukegan, IL 60085-6014

    Estimated value:
    $680,000
    21,600 sqft 1.12 AC lot
    View details

    Waukegan, IL Shopping Centers Market Trends and Statistics

    Explore 14 shopping centers for sale in Waukegan, IL on our real estate platform.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 6
    Auto shops 2
    Automotive properties 2
    Storefront properties 2
    Showrooms 1

    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%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Shopping centers for Sale Near Waukegan, IL

    Popular Searches in Waukegan, IL

    Popular Categories

    Most Searched ZIP Codes in Waukegan, IL

    • 60085
    Why this one?
    Saved
    Reason not saved — we won't ask again

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!