Waukegan IL Commercial for Sale
The median home value in Waukegan, IL is $201,500.
This is
lower than
the county median home value of $242,800.
The national median home value is $219,700.
The average price of homes sold in Waukegan, IL is $201,500.
Approximately 42.78% of Waukegan homes are owned,
compared to 49.16% rented, while
8.06% are vacant.
Waukegan real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Waukegan real estate agent to arrange a tour today!
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 2000
- Baths:
- MLS#:
- 12015913
View additional info
Courtesy: Coldwell Banker Realty
847-234-8000
ADDITIONAL INFORMATION
Great Investment Opportunity! 6 Units, 100% Occupancy, most units feature 1bed 1bath. Both buildings have coin laundry and parking for a total of 10 cars. Don't miss this opportunity!
- Type:
- Office
- Sq.Ft.:
- 84,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 12001237
View additional info
Courtesy: Citypoint Illinois LLC
847-744-5003
ADDITIONAL INFORMATION
The Waukegan Business Center is the premier office building in downtown Waukegan. Contrarian to much of the office market, WBC has strengthened throughout the pandemic with occupancy rising from 70% at the beginning of 2020 to 86% in 2024. This is, in part, due to its proximity to the new and expanded $110M Lake County Courthouse with numerous legal practices and government agencies making up the bulk of WBC's tenant base. The 76,797 SF rentable footprint make it the largest office building in downtown Waukegan and also one of the most modern. In the past 4 years alone, current ownership has invested over $800K, into the property upgrading the HVAC and controls system, installing a state-of-the-art surveillance and security system, repurposing the central courtyard area and a number of other aesthetic improvements within the common areas and exterior of the building. The building is a cash-flowing machine with an NOI of $640k+ / year and presents the opportunity to raise income even higher by filling vacant space, raising some tenants to market rent and monetizing parking and signage opportunities.
$5,995,000
1414 Jacobson Drive Waukegan, IL 60085
- Type:
- General Commercial
- Sq.Ft.:
- 86,597
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 5.7 Acres
- Year built:
- 1985
- Baths:
- MLS#:
- 11985218
View additional info
Courtesy: Entre Commercial Realty, LLC
847-310-4295
ADDITIONAL INFORMATION
New Concrete Fully Fenced Truck Yard, 8 New Drive in Doors, 4 New Truck Docks (8 Total)
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1980
- Baths:
- MLS#:
- 11983772
View additional info
Courtesy: Baird & Warner
847-367-1855
ADDITIONAL INFORMATION
RARE GEM AT WAUKEGAN AIRPORT NOW AVAILABLE! A rare opportunity to own an aircraft hangar that fronts main runway 5/23 with direct taxiway access. Hangar B1H2 of the Bear Den is uniquely positioned between two other hangars, thus providing added insulation from the elements. This bi-fold electrically operated T-Hangar accommodates up to a 44' wingspan with depth to 38' nose to tail. Plenty of room for workbenches, storage, etc. This hangar is pre-piped for a gas heater & has a dedicated electrical service with plenty of outlet access. The hangars are fully fenced & are secured with a remote controlled opener off of the quiet side street. A great sense of community in this hangar association with an active elected president & great neighbors! Enjoy "tailgating" during the annual Waukegan airshow with unbeatable views of all of the action. The hangar comes with a halogen fire extinguisher (preferred for the sensitive electrical components of an aircraft ($400 extra)! The hangar has an installed electric winch, bolted into the ground, to easily move your plane into the hangar. The land lease with the port authority runs through 2033 with the option of renewal at that time. Enjoy newly painted exterior of all hangars. Concrete repair process in place, running over sequential years. HOA dues include mowing, weed control & snow removal. See this hangar now & don't let this rare opportunity Fly away!
$240,000
1000 North Avenue Waukegan, IL 60085
- Type:
- Other
- Sq.Ft.:
- 2,478
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- 11981855
View additional info
Courtesy: RE/MAX Showcase
847-596-6100
ADDITIONAL INFORMATION
2,478 SF BRICK MEDICAL/OFFICE/RETAIL Free Standing Building on Northwest corner of North Avenue and Ridgeland Avenue with ample off-street reserved PARKING. Rehabbed in 1973 for use as a dental office with large reception/waiting area, two offices, four exam rooms with dental chairs, laboratory and equipment room. New membrane sloped roof, gutters and hot water heater in 2019. Plumbing run under plywood floor would allow easy conversion for use as a Medical office, Salon/SPA, Restaurant or Tattoo Parlor or it could be capped off. B-2 Community Shopping District zoning allows a wide range of retail uses including office. Pull down stairs provide access to dry storage in the attic. Being sold "as-is" including but not limited to security cameras & system, wall safe, fireproof and regular file cabinets, dental chairs and furniture.
$149,999
602 North Avenue Waukegan, IL 60085
- Type:
- Other
- Sq.Ft.:
- 3,124
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 11975826
View additional info
Courtesy: RE/MAX Showcase
847-596-6100
ADDITIONAL INFORMATION
FULLY LEASED 3 UNIT COMMERCIAL BUILDING with a retail store on the 1,562 SF Main Floor with Full Basement and 2 Apartments on the 2nd Floor. Paved parking area in the rear could be expanded another 3,500 SF for additional paved parking. RENTED: 602 Store @ $700/mo; 604 2bed/1bath @ $650/mo; 604 1bed/1bath @ $600/mo. 3 separate gas and electric meters and tenants pay these utilities.
- Type:
- Office
- Sq.Ft.:
- 3,074
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 2006
- Baths:
- MLS#:
- 11946261
View additional info
Courtesy: RE/MAX Showcase
847-596-6100
ADDITIONAL INFORMATION
Prime Commercial Opportunity for Your Business! Attention entrepreneurs and professionals! A golden opportunity awaits with these two side-by-side commercial buildings offered as a bundle. Perfectly situated close to the courthouse, this could be the ideal space for a new attorney looking to establish their practice or anyone needing a smart office setup with conference rooms, etc. Property Highlights: 1 Original Law Office (2-Story Structure): Total of 1,674 sq ft above grade. First floor: Waiting room, front office (with a window that slides open or closed to the waiting room), 2 private offices, kitchenette, and a full bathroom. Second floor: 2 more private offices, a second full bath, and a large walk-in attic space at the rear. Versatile space offering functionality and character. Second Building (Constructed in 2006) is a one-story building with 1,400 sq ft. Modern layout with a front entry, waiting room, front secretarial office, 3 conference rooms, and 2 bathrooms. Perfect for a variety of office or business uses. Both Buildings offer Full security system for added safety. Lighted exit signs and emergency lighting. Front and rear exits for convenience. HVAC System: Gas forced air with Central Air and 200-Amp Service. Full basement under the 2006 building with poured concrete foundation, currently used for storage. Flexible floor plan accommodating various office uses. Parking and Accessibility - Bundle includes a dedicated parking lot with 14 spaces for clients and employees plus metered city parking on the street. Close proximity to the courthouse and other key amenities. It's also Move-In Ready!! Both buildings have been thoughtfully updated, ensuring a modern and professional atmosphere. Move in with ease and start focusing on what matters most - growing your business! Contact me today if you are ready to take the next step and schedule a viewing and explore the endless possibilities these commercial buildings have to offer.
- Type:
- Business Opportunities
- Sq.Ft.:
- 5,924
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 11900436
View additional info
Courtesy: Century 21 Integra
815-344-1033
ADDITIONAL INFORMATION
This prime location boasts a thriving business with a track record of over 17 years. The property being offered for sale exclusively pertains to the real estate component of an auto/truck repair shop. This package encompasses an all-brick building and a secure, well-lit, paved lot complete with security cameras, providing parking space for approximately 30-35 vehicles. The building itself is equipped with two overhead service doors, three lifts, one ramp, an oil container, window air conditioning, a customer waiting area, a front desk, a private office, and 2.5 bathrooms. Prospective buyers are strongly advised to conduct their due diligence, as the property is being sold "As Is." The negotiation of equipment and tools is also a possibility!
- Type:
- Other
- Sq.Ft.:
- 5,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1952
- Baths:
- MLS#:
- 11886148
View additional info
Courtesy: Wendricks Real Estate
847-366-3130
ADDITIONAL INFORMATION
NOW AVAILABLE FOR LEASE OR SALE! Perfect for a contractor, landscaper, office, gym, restaurant, storage or small business. The shop and office is available for just $2,000 to $2,300 per month depending on utility usage! The 3 Apartment's above are leased like clockwork. The building has a total of 4 UNITS with the 3 apartments upstairs and the shop/office below. - 1st time on the market since 1961! This mixed use building has been the home of Wendricks White Plumbing for over 60 years. The main floor consists of 2,400 sq ft of office and shop space. In the rear is a covered parking spot with 212 sq ft of cold storage. The 3 apartments on the second floor total 2,375 sq ft making this 5,000 sq ft building a great investment for an owner user or someone looking to add to their portfolio. The shop & office on main level is now vacant and ready for a new business or an owner user. Previously the Gross Monthly Income was $4,355 / $52,260 Yearly. All the rents are below market so plenty of room to grow the income! Oncer the lower commercial space is leased for $2,000 to $2,300 per month it would bring the gross rent for the year over $60,000. Buyers need to have cash or at least 30% down prior to viewing. please provide proof of funds before calling or scheduling a showing, we get a lot of calls but no one has the backing so please be ready. If financing be sure your lender is qualified and knows the commercial market and that this is a mixed use property, please no time wasters. We do not own the parking lot next door with the old car wash. Thank you!
- Type:
- Other
- Sq.Ft.:
- 3,680
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1985
- Baths:
- MLS#:
- 11874939
View additional info
Courtesy: RE/MAX Plaza
815-385-6770
ADDITIONAL INFORMATION
PRIME RESTAURANT LOCATION IN THE HEART OF WAUKEGAN AT THE CORNER OF GRAND AVENUE AND SHERIDAN ROAD! Located next to the McDonald's across the street and One Block to the Genesse Theatre. This Restaurant was once a thriving Pizza Restaurant and currently still has the Pizza Ovens, Overhead Cooktops, Freezers and many other Kitchen Accessories, Large Bar and Many Booth Seats in the Eating Area, Outdoor Patio Seating, along with 36 Parking Spaces. Property Being Sold "As-Is".
- Type:
- Business Opportunities
- Sq.Ft.:
- 86,090
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1956
- Baths:
- MLS#:
- 11811616
View additional info
Courtesy: My Realty Chicago Inc
773-463-0000
ADDITIONAL INFORMATION
Proximate 86090 sq ft building with lots of offices, break rooms and parking lot for 240 cars in the beautiful north lake suburb Waukegan. Building is fully conditioned with heath and gives endless possibilities for any business.
$499,900
302 10th Street Waukegan, IL 60085
- Type:
- Business Opportunities
- Sq.Ft.:
- 1,700
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 11753175
View additional info
Courtesy: Netgar Investments Inc
847-263-8100
ADDITIONAL INFORMATION
Exceptional opportunity for a Mechanic shop or similar business. Long time business owner ready to lease this location. Terms negotiable and subject to contract agreement. Tenant to pay taxes and insurance.
- Type:
- Business Opportunities
- Sq.Ft.:
- 1,660
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- 11753179
View additional info
Courtesy: Netgar Investments Inc
847-263-8100
ADDITIONAL INFORMATION
Exceptional opportunity for a Mechanic, dealer, or similar business. Great location with high traffic and near shopping and newer residential development. Additional Pin # 0832201013. Antenna not included. Over one Acre of Land in a great location. Do not disturb tenants. call listing broker for a showing.
$2,595,000
651 Lakehurst Road Waukegan, IL 60085
- Type:
- Other
- Sq.Ft.:
- 18,972
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1992
- Baths:
- MLS#:
- 11745856
View additional info
Courtesy: Charles Rutenberg Realty of IL
630-929-1100
ADDITIONAL INFORMATION
AMAZING OPPORTUNITY to OWN a PREMIER BANQUET HALL across from the NEW CASINO!!************* Sits on approx 4 ACRES OF LAND************ And HAS almost 19,000 SqFt of INTERIOR SPACE*******THERE are 3 HALLS * 1st with a 470 person max OCCUPANCY * 2nd with a 120 person max OCCUPANCY, and the 3rd with a 70 person max OCCUPANCY * which can also be used as a CONFERENCE ROOM **** approx 400k spent on an upgraded GOURMET KITCHEN!!! ****** PLEASE CALL ASAP ****** THIS WILL NOT LAST LONG*********and there is more***** TOTAL REHAB in 2009*********
- Type:
- Office
- Sq.Ft.:
- 3,230
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 11689402
View additional info
Courtesy: Keller Williams Success Realty
847-381-9500
ADDITIONAL INFORMATION
Speaciouse office suites available for sale one block from the COURTHOUSE!!! This space is perfect for Law Firms, Real Estate Services, Insurance Services, Financial Services, Staffing Services, etc. Close to courthouse, Downtown Waukegan, and Metra. 8 Parking spaces available behind building as well as additional on the street. Zoning is as Follows per City of Waukegan 9.2-1 Purpose The O/I-1 Office/Institutional District is designed primarily to accommodate office buildings, civic and governmental structures, and educational and institutional buildings in a mutually compatible environment. The O/I-1 District is intended for mapping adjacent to the Central Business District. 9.2-2 Conditions All business, servicing, or storage, except for off-street parking or loading, shall be conducted within completely enclosed buildings. 9.2-3 Permitted Uses The following uses are permitted in the O/I-1 District: 1. Cultural and civic institutions a. Public aquariums b. Public art galleries c. Public libraries d. Public museums 2. Funeral homes 3. Medical and dental clinics 4. Municipal buildings and facilities 5. Offices: business, professional, and governmental 6. Philanthropic and charitable institutions 7. Recreational and social facilities a. Parks and playgrounds b. Recreational buildings and community centers, non-commercial 8. Religious institutions a. Churches, chapels, temples, synagogues b. Rectories, parsonages
- Type:
- Retail
- Sq.Ft.:
- 12,930
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 11671794
View additional info
Courtesy: Callahan Blandings & Schaper
847-249-0660
ADDITIONAL INFORMATION
Opportunity Knocks! This property consists of a 12,930 sf retail building with 5,885 sf basement (9' ceiling height) and separate fenced parking lot. Located on two stoplight corners, this property had been an Ace Hardware for decades. Within a 5-minute drive time there is a youthful population of almost 45,000 with a median age of 31.0 years (versus 38.9 years nationally). Additionally there are almost 11,000 daytime employees within 5-minute drive time. The intersection has traffic counts of almost 13,000 VPD.
$2,750,000
2504 Washington Street Waukegan, IL 60085
- Type:
- General Commercial
- Sq.Ft.:
- 46,753
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.7 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- 11493033
View additional info
Courtesy: Kinzie Brokerage LLC
847-383-6778
ADDITIONAL INFORMATION
Washington Tower Professional Building, located at 2504 Washington Street, offers investors and excellent opportunity to own a high-occupancy office building in Waukegan, IL. With its close proximity to Lake Behavioral Hospital this property attracts medical office users along with a wide variety of service providers. The Building is 98.34% leased and has a current NOI of $227,250. 2504 Washington is a 6-story, class B, multi-tenant office building with 29,637 square feet of net rentable area. The property was built in 1970 and includes 44 office suites. This building can be purchased on its own or as part of a 2-building portfolio. The other property is 49 Sherwood Terrace located in Lake Bluff, IL.
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