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Waukegan, IL Strip Malls for Sale

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Occupied Strip Building For Sale
$2,962,000
14,180 SF

Occupied Strip Building For Sale

3035 Belvidere Rd, Waukegan, IL 60085

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
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Occupied Strip Center with Long-Term Leases
Contact for pricing

Occupied Strip Center with Long-Term Leases

3035-3043 Belvidere Rd, Waukegan, IL 60085

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

  • 100% occupied with long‑term leases and annual rental increases.
  • Anchored by Concentra, the largest occupational health services provider in the country.
  • Recent full‑scale renovation/upgrade in 2024, including 40% roof replacement.
  • Affluent demographics: $103,000 average household income within 1‑mile radius.
  • Endcap with drive‑thru.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Retail Strip Mall Near Rogers Park
$699,000

Retail Strip Mall Near Rogers Park

Single-story brick building with five storefronts and ample parking.

2628-34 W Touhy Ave, Chicago, IL 60645
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Retail Strip Mall Near Rogers Park
Contact for pricing
1,250 SF

Retail Strip Mall Near Rogers Park

Single-story brick building with five storefronts and ample parking.

2628 W Touhy Ave, Chicago, IL 60645
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Retail/Office Strip Center For Sale
$759,000
0.57 Acres

Retail/Office Strip Center For Sale

Prime commercial property with high visibility and versatile space.

1305-85 N La Fox St, South Elgin, IL 60177
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Retail/Office Strip Center For Sale
$759,000
0.57 Acres

Retail/Office Strip Center For Sale

Commercial property on IL Rt 31 with high visibility.

1305-85 N La Fox St, South Elgin, IL 60177
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Explore 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.

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
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3123 Lewis Ave

3123 Lewis Ave

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

Waukegan, IL Strip Malls Investment Opportunities Market Analysis

Explore 6 strip malls for sale in Waukegan, IL on our real estate platform. These investment opportunities span a total of 134,208 square feet of properties for sale, with an estimated market value of $1,620,000.

Sale prices for retail strips in Waukegan, IL start at $440,000, averaging $540,000, and reaching up to $680,000 — 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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