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    Waukegan, IL
    Strip Mall

    Waukegan, IL Strip Malls for Sale

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    North Chicago, IL Park City, IL Gurnee, IL Chicago, IL Beach Park, IL Zion, IL Lake Bluff, IL Wadsworth, IL
    Corner Strip Center
    Updated: Oct 7
    Corner Strip Center

    622-628 Grand Avenue, Waukegan, IL 60085

    $949,000
    Corner strip center built in 1992
    Reported traffic of more than 8400 VPD
    Meat Market Groceries has been a tenant since 1997
    Papa Marcos Grill has been a tenant since 2012
    Tenants include a grill, grocery market, and ice cream shop
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    See hot listings in Waukegan

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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, 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.

    Retail Property with Central Air
    Retail Property with Central Air

    611 Milwaukee Ave, Glenview, IL 60025

    $2,000,000
    8,770 sqft

    Built in 2009, the property has central air conditioning.

    View details
    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
    Six-Unit Retail Strip Center
    Six-Unit Retail Strip Center

    611 Milwaukee Avenue, Glenview, IL 60025

    $1,800,000
    1.40 AC lot

    Restaurant, salon, and end-cap retail spaces share a brick property with on-site parking.

    View details
    Retail Center
    Retail Center

    820 Wheeling Rd, Wheeling, IL 60090

    Contact for pricing
    13,382 sqft

    Retail property offering 13,382 square feet of commercial space for sale.

    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

    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.

    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
    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
    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
    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 Strip Malls Market Trends and Statistics

    Explore 5 strip malls for sale in Waukegan, IL on our real estate platform.

    Sale prices for retail strips in Waukegan, IL average $949,000 — 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

    Commercial property segments ranked by active listings on the market

    Shopping centers 6
    Auto shops 2
    Automotive properties 2
    Storefront properties 2
    Grocery and convenience stores 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

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