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    Lake County, IL Strip Malls for Sale

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    6 properties
    Strip Mall With Drive-In Bays
    Updated: Nov 17, 2025
    Strip Mall With Drive-In Bays

    197 Peterson Road, Libertyville, IL 60048

    $1,599,000
    0.69 AC lot
    Five individual commercial units
    11 drive‑in bays
    38 dedicated parking spots
    0.6864‑acre parcel at 197 Peterson Road, Libertyville, IL 60048
    Brick building constructed in 1999
    View details
    Medical-Retail Strip Center
    Updated: Apr 10
    Medical-Retail Strip Center

    311 W. Depot Street, Antioch, IL 60002

    Contact for pricing
    28,498 sqft
    28,498 SF multi‑tenant strip center plus a freestanding building in Antioch, IL
    85% occupied and anchored by Fresenius Medical Care
    All tenants are under NNN leases, designed to limit expense leakage
    Located along Depot Street with access and visibility
    Near the Metra North Central Service (NCS) station with daily ridership of 5,800 passengers
    View details
    Fully Leased Four-Unit Strip Center
    Fully Leased Four-Unit Strip Center

    1500 S. Lake St., Mundelein, IL 60061

    Contact for pricing
    10,000 sqft

    Retail center with multiple occupants, individual Lake Street signage, and parking positioned at the front and rear.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Fully Leased Shopping Center
    Fully Leased Shopping Center

    3900 Washington St, Gurnee, IL 60031

    Contact for pricing
    28,000 sqft

    Renovated retail center with a 12-tenant occupancy profile and newer HVAC systems serving most of the property.

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    Eight-Unit Strip Mall with New Parking
    Eight-Unit Strip Mall with New Parking

    116 - 134 Peterson Rd, Libertyville, IL 60048

    Contact for pricing

    Retail center with an additional salon building, established occupants, and one space available for lease.

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    All-Brick Shopping Center
    All-Brick Shopping Center

    1202-1300 W Dundee Road, Buffalo Grove, IL 60089

    Contact for pricing

    Multi-tenant retail center with national, regional, and local occupants at a signalized commercial intersection.

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 6 Active listings in Lake County, IL, we suggest exploring several alternatives: similar 13 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    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.

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    Commercial Land at Signalized Intersection
    Commercial Land at Signalized Intersection

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    Large development tract with adjacent sewer and water service near established retail anchors.

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    Off-Market Properties in Lake County, IL

    Consider similar Off-Market properties in Lake County, 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.

    1427 Cedar Lk Rd
    SHOPPING CENTER, STRIP CENTER

    1427 Cedar Lk Rd, Round Lake Beach, IL 60073-1897

    $180,000
    Estimated value
    3,700 sqft 0.11 AC lot
    View details
    550 Il Rte 173
    SHOPPING CENTER, STRIP CENTER

    550 Il Rte 173, Antioch, IL 60002

    $6,490,000
    Estimated value
    9,710 sqft 2.42 AC lot
    View details
    3123 Lewis Ave
    SHOPPING CENTER, STRIP CENTER

    3123 Lewis Ave, Waukegan, IL 60087

    $500,000
    Estimated value
    12,152 sqft 0.57 AC lot
    View details
    400 Rollins Rd
    SHOPPING CENTER, STRIP CENTER

    400 Rollins Rd, Round Lake Beach, IL 60073-1234

    $865,000
    Estimated value
    43,777 sqft 5.49 AC lot
    View details
    3010 Il Rte 60
    SHOPPING CENTER, STRIP CENTER

    3010 Il Rte 60, Mundelein, IL 60060-4270

    $525,000
    Estimated value
    10,500 sqft 1.66 AC lot
    View details
    825 Ctr St
    SHOPPING CENTER, STRIP CENTER

    825 Ctr St, Grayslake, IL 60030-1648

    $870,000
    Estimated value
    40,846 sqft 2.96 AC lot
    View details
    2964 Il Rte 60
    SHOPPING CENTER, STRIP CENTER

    2964 Il Rte 60, Mundelein, IL 60060-4269

    $1,885,000
    Estimated value
    11,330 sqft 14.74 AC lot
    View details
    636 State Rd
    Strip malls

    636 State Rd, Island Lake, IL 60042

    Value Estimation by Request
    21,300 sqft
    View details
    2205 Lewis Ave
    SHOPPING CENTER, STRIP CENTER

    2205 Lewis Ave, Waukegan, IL 60087-3804

    $7,195,000
    Estimated value
    48,030 sqft 3.95 AC lot
    View details
    1147 Grn Bay Rd
    SHOPPING CENTER, STRIP CENTER

    1147 Grn Bay Rd, Waukegan, IL 60085-2243

    $440,000
    Estimated value
    7,260 sqft 1.39 AC lot
    View details
    3008 Belvidere Rd
    SHOPPING CENTER, STRIP CENTER

    3008 Belvidere Rd, Waukegan, IL 60085-6014

    $680,000
    Estimated value
    21,600 sqft 1.12 AC lot
    View details
    7010 Grand Ave
    SHOPPING CENTER, STRIP CENTER

    7010 Grand Ave, Gurnee, IL 60031-6600

    $400,000
    Estimated value
    4,938 sqft 0.70 AC lot
    View details
    799 Belvidere Rd
    SHOPPING CENTER, STRIP CENTER

    799 Belvidere Rd, Grayslake, IL 60030-2466

    $730,000
    Estimated value
    3,846 sqft 0.50 AC lot
    View details

    Lake County, IL Strip Malls Market Trends and Statistics

    Explore 19 strip malls for sale in Lake County, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 66,498 square feet of properties for sale, with an estimated market value of $1,599,000.

    Sale prices for retail strips in Lake County, IL average $1,599,000 — 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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    Featured Lake County Real Estate Agencies

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

    NetGar Investments Inc.
    3563 Grand Ave. Gurnee, IL 60031
    Phone: 18472638100
    netgarrealty.com
    Helen Oliveri Real Estate
    101 W Gilmer Rd. Hoffman Estates, IL 60047
    Phone: 18479670022
    www.helenoliveri.com
    Blue Fence Real Estate Inc
    29 S Old Rand Road Hoffman Estates, IL 60047
    Phone: 18475570106
    www.bluefence.com

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