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Commercial Real Estate Broker · Waukegan, IL

Waukegan Commercial Real Estate

Selling or leasing a commercial building in Waukegan? Jason Bitton is the #1 RE/MAX Commercial broker in Illinois, and he works Waukegan from his Libertyville office about 20 minutes away: retail, industrial, office, land and investment property, from the Green Bay Road auto corridor and Grand Avenue retail to the industrial parks on Northpoint Boulevard and Amhurst Parkway. Below are the deals he has closed next door in Gurnee and in Zion, and what Waukegan’s commercial buildings sold for in the two years to June 30, 2026, from the state’s own transfer records.

Have space to lease instead? Lease out my building →

78 sales
Waukegan commercial sales · 2 years
$462,500
Median Waukegan sale · 2 years
3 months
Median time to sell, once marketed
The short answer

Who is the best commercial real estate broker in Waukegan?

Jason Bitton of RE/MAX Commercial — the #1 RE/MAX Commercial broker in Illinois (2022, 2024, 2025) — works Waukegan from his Libertyville office about 20 minutes away. He represents buyers, sellers, landlords, and tenants in retail, industrial, office, land, and investment property across the city, from the Green Bay Road auto corridor and Grand Avenue retail to the industrial parks on Northpoint Boulevard and Amhurst Parkway. Next door in Gurnee, he sold the office building at 4156 Old Grand Ave for its owner in February 2025.

Jason works for sellers: as of September 22, 2026, he represented the seller in more than 80% of the sales on his public Sold & Leased ledger, including sales where he represented both sides. The deals he has closed near Waukegan are below, and the 78 sales recorded in the city in the two years to June 30, 2026 are in the market report.

The closed record

Deals Jason has closed near Waukegan

Two next door in Gurnee and one in Zion, each labeled with its own town and each on his public Sold & Leased ledger. None of the three is inside the City of Waukegan, so none is among the 78 sales in the market report below.

Sold

4156 Old Grand Ave, Gurnee

Gurnee · Office · Seller represented · February 2025
$350,000

A 1,895 SF freestanding brick building, built in 1993 and on the market for the first time in roughly 20 years; it had long housed an insurance agency office. See the property page

Leased

1301–1315 21st St, Zion

Zion · Retail · Landlord represented · May 2026
$1,500/mo

1,200 SF of retail space, leased for its landlord. See the Zion page

Leased

5572 Grand Ave, Gurnee

Gurnee · Retail storefront · Tenant represented · October 2024
5-year lease

Haraz Coffee House had the brand, the franchisee and the space; what it didn’t have was the parking and use approval the Village of Gurnee required. Jason ran a parking feasibility study, benchmarked it against neighboring properties and carried the case through the village’s zoning process. The use was approved and the franchisee signed a five-year lease. Read the case study

Own a commercial building in Waukegan? Request a confidential opinion of value →

Market report · two years to June 30, 2026

What do commercial buildings sell for in Waukegan?

In the two years to June 30, 2026, the City of Waukegan recorded 78 arm’s-length sales of office, retail, commercial and industrial property, at a median price of $462,500 — 32 in the latest 12 months and 46 in the year before.

78sales · median $462,500 · two years to June 30, 2026
By property type
Property typeSalesMedian price
Retail & commercial62$441,574
Office6$265,000
Industrial10$6,402,944
All78$462,500

A group median appears only where enough sales qualify; all three types do. Ten industrial sales is a small group: its median moves with whichever buildings happened to sell, so it is not a price for any one building.

By year, to June 30
PeriodSalesMedian price
Latest 12 months32$777,500
The year before46$417,500

The mix of property types changes from year to year, so these two medians are not a price trend.

The report gives no price per square foot. Only 4 of the 10 industrial sales could be matched to a building area, too few for a median, and in retail, commercial and office sales the land and the tenants often set the price as much as the building does, so a per-square-foot median would mislead.

Time to sell · two years to June 30, 2026

How long does it take to sell a commercial building in Waukegan?

About three months, once the building is on the market: sellers who marketed a commercial building in Waukegan reported a median of 3 months (18 sales over the two years to June 30, 2026), and 12 of the 18 sold within six months. 17 of the 18 sold within a year. Another 11 of the 29 sales that reported a marketing time never went on the market at all.

Many sales never reach the open market. Jason keeps a live board of buyers and tenants who are looking now. See who is looking →  ·  Ask what your building would sell for →  ·  Compare with other towns →

Source: Jason Bitton RE/MAX Commercial’s database from public records: arm’s-length sales of office, retail, commercial and industrial property in Waukegan, dated July 1, 2024 to June 30, 2026; updated September 24, 2026. Sales are counted per transaction; one sale may cover several parcels, and a building resold on the same day is counted once, at the final price. Price excludes personal property. Marketing time is the seller’s own estimate (29 of the 78 sales report it). A group median appears only where enough sales qualify. Filings can trail a sale by weeks, so the latest quarter may still rise slightly. Aggregates only. Next update: late November 2026, for sales through September 30.

69 daysto an accepted offer · listed on the MLS · Oct 10, 2023 to Oct 9, 2026
Listed on the MLS
MedianWaukeganMarket area
Sales33284
Days to an accepted offer69120
Then days to closing6354
Sale price vs. final asking88.9%92.6%
Sale price vs. first asking87.6%90.7%
Leases20266
Days to lease177157

Market area: all of Lake County plus Arlington Heights, Elk Grove Village, Northbrook, Palatine and Wheeling.

Buildings listed for sale on the MLS in Waukegan took a median of 69 days to reach an accepted offer, then 63 more days to close (33 sales, October 10, 2023 to October 9, 2026; 29 of them under $1 million). They sold for a median 88.9% of the final asking price and 87.6% of the first. Property listed for lease took a median of 177 days to lease (20 leases).

Source: MLS listings of retail, office, industrial and mixed-use property: closed sales and signed leases, October 10, 2023 to October 9, 2026; apartment buildings and sales of a business without its building are not included. Days to an accepted offer are the MLS’s market time, which includes earlier listings of the same building. Medians; aggregates only. This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period October 10, 2023 through October 9, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

By property type

Waukegan property for sale and for lease, by type

Listing sites show what is on the market this week. This is the Waukegan record by property type: what sold and for how much. Across all types, sellers who marketed a building here took a median of 3 months to sell (18 sales).

IndustrialFor SaleFor Lease

Warehouses & industrial buildings for sale or lease

10 industrial sales
median $6,402,944 · two years to June 30, 2026
Tell Jason the size, clear height and loading you need.
Compare towns →
RetailFor SaleFor Lease

Retail, storefronts & shopping centers for sale or lease

62 retail and commercial sales
median $441,574 · two years to June 30, 2026
Storefronts, strip centers, restaurants and pads. Tell Jason the frontage, size and use you need.
Compare towns →
OfficeFor SaleFor Lease

Office & medical office for sale or lease

6 office sales
median $265,000 · two years to June 30, 2026
Office suites, office condos and medical office. Tell Jason the size, and whether patients or the public will visit.
Compare towns →

Sales figures come from the market report on this page (arm’s-length sales only).

For sellers

Why Waukegan sellers hire Jason

Beyond pricing, marketing and negotiating, a seller gets the bench Jason has built over years of closings. Across the Chicago area, Jason has closed deals of up to 98,905 square feet and has sold contractor units, mixed-use, multifamily, medical and office buildings, manufacturing warehouses and national retail stores.

What a Waukegan sale has to answer

Which corridor

Waukegan’s industrial buildings concentrate in four corridors: Northpoint Boulevard, Amhurst Parkway, US-41 and Belvidere Road. Which one a building sits in changes how it leases, what it sells for, and who else is competing for the tenant; buildings on the US-41 edge price differently from the interior parks a short drive west.

What kind of building

The city’s inventory runs to multi-tenant parks and standalone masonry buildings, not the 100,000 SF-plus distribution boxes of the interstate corridors to the south. A standalone building on Amhurst Parkway is the classic owner-user property: one building, one company. Pricing it takes a broker who prices that size of building every month.

What the city approves

A buyer’s or tenant’s use, parking included, has to be confirmed with the City of Waukegan before anyone commits. Next door in Gurnee, that approval took a parking feasibility study, which Jason ran and carried through the village’s zoning process for Haraz Coffee House.

People and tools Jason can bring to your sale

  • A tested starting point — Mainstreet commercial contract forms, reviewed and revised by many attorneys over the years, give your attorney an established starting point and can reduce drafting time.
  • Flat-fee counsel — real estate counsel who works on a flat rate, when you want one.
  • Fast environmental — environmental consultants who turn time-sensitive reports around quickly.
  • Lenders who answer — lenders who pick up Jason’s call directly and get a buyer’s financing moving.
  • City zoning, handled — Jason works zoning and use questions directly with the city.
  • Honest trades — roofers, window contractors and other trades with fair pricing, to get a building ready to sell.
  • No competing portfolio — Jason doesn’t own or develop commercial property, so no building of his ever competes with yours for a buyer.

See the full commercial selling process, with the guides and tools that go with it.

What clients say

Trusted by commercial owners & investors

★★★★★ 5.0 · 17 Google reviews
★★★★★

“Jason was professional and went above and beyond helping us to sell our property. He was prompt in responding and helpful with our questions. He shows up and follows through. I recommend him for your real estate needs.”

— Anna S.
★★★★★

“Jason recently sold one of my commercial condo properties. His communication is great, very responsive. Jason utilized multiple platforms to get eyes on my listing. He showed the unit a number of times — once the prospective buyer had him there for nearly an hour. I’m very happy with how Jason handled my listing and the sale of my unit!”

— Bryan S.
★★★★★

“Jason’s been a huge asset in our commercial real estate deals. He’s quick, professional, and detail oriented. Highly recommend him!”

— Tina G.
Read all 17 five-star reviews on Google →
Meet your broker

Jason Bitton

Commercial Real Estate Broker · RE/MAX Commercial

Jason Bitton is a commercial-only broker based in Libertyville, ranked #1 by commercial production among RE/MAX brokers in Illinois in 2022, 2024, and 2025 and a 2025 RE/MAX Hall of Fame inductee. With more than a decade working exclusively in commercial property, he represents buyers, sellers, landlords, and tenants across retail, industrial, office, multifamily, mixed-use, NNN, and land throughout Lake County, the north and northwest suburbs, and the O’Hare corridor.

Market Overview

The Waukegan Commercial Market

Waukegan is Lake County’s county seat and one of its largest commercial markets — a full-spectrum city with an established auto-dealer corridor on Green Bay Road (Route 131), big-box and service retail along Grand Avenue (Route 132) and Belvidere Road (Route 120), a working downtown around Genesee Street, and an industrial base anchored by Waukegan National Airport and the US-41 / Amstutz corridor. By the county records, Waukegan has 377 industrial parcels and 14,348,219 SF of industrial space.

Market Highlights

  • ✓ Green Bay Rd (Route 131) auto corridor — Kia, Toyota and national service brands
  • ✓ Grand Ave (Route 132) retail and service spine
  • ✓ Belvidere Rd (Route 120) commercial corridor
  • ✓ Downtown Genesee Street, civic core and lakefront
  • ✓ US-41 / Amstutz Expressway access
  • ✓ Waukegan National Airport and industrial base
  • ✓ Northpoint Boulevard industrial park
  • ✓ Amhurst Parkway owner-user corridor

Retail

Big-box and service retail along Grand Avenue (Route 132) and Belvidere Road (Route 120), plus corridor storefronts.

Auto & Highway Commercial

The Green Bay Road (Route 131) auto-dealer strip — dealerships, service, quick-service, and corridor commercial.

Industrial

The largest industrial base in north Lake County — multi-tenant parks and standalone masonry buildings on Northpoint Boulevard and Amhurst Parkway, plus warehouse and manufacturing users near Waukegan National Airport and the US-41 / Amstutz corridor.

Investment & Land

Development corners and corridor investment property.

Industrial Corridors

Where Waukegan’s Industrial Buildings Actually Are

Waukegan is the largest industrial submarket in north Lake County. By the county record it has more industrial square footage than any other municipality in the county — 14,348,219 square feet, over 50 percent more than Libertyville’s 9,345,103. That inventory is not spread evenly. It concentrates in four corridors, and which one a building sits in changes how it leases, what it sells for, and who else is competing for the tenant.

Northpoint Boulevard

North Waukegan’s purpose-built industrial road. Multi-tenant industrial and flex space on an interior loop, away from the retail corridors and laid out for truck circulation rather than storefront visibility. This is where a growing local company goes when it needs a real bay and not a storefront.

Amhurst Parkway

The densest single concentration of industrial buildings in the city. A short, self-contained parkway of standalone masonry buildings — the classic Waukegan owner-user property: one building, one company, and none of the campus overhead priced into a large-park rent.

US-41 / Skokie Highway

The highway edge. Buildings flanking Route 41 carry the visibility and direct highway access that distribution and service users pay for, and they price differently from the interior parks a short drive west.

Route 120 / Belvidere Road

The east-west connector, with commercial frontage running in front of industrial and contractor-yard uses behind it. Belvidere is where industrial and retail zoning meet, which is why permitted-use questions come up here more than anywhere else in the city.

Jason works the 5,000 to 40,000 SF tier across all four corridors, with most assignments landing between 10,000 and 25,000 SF. That is the band Waukegan is built for: the city’s inventory runs to multi-tenant parks and standalone masonry buildings rather than the 100,000 SF-plus distribution boxes that dominate the interstate corridors to the south. An owner here is better served by a broker who prices this size of building every month than by a team built around institutional portfolios.

Daytime Employment

Who Actually Works in Waukegan

Waukegan holds 30,371 jobs inside city limits. That is the daytime population a commercial tenant actually draws from — a different, and for commercial purposes more useful, number than the residential count most listings quote.

29.7% of those jobs are industrial — manufacturing, wholesale trade, and transportation & warehousing combined. Manufacturing leads at 3,923 jobs, with Transportation & warehousing (2,745) and wholesale trade (2,338) behind it.

The city itself counts 89,076 residents in 32,042 households, with a median household income of $71,919 (U.S. Census Bureau, American Community Survey 2020-2024 five-year estimates).

Source: U.S. Census Bureau, LEHD LODES8 2023 (workplace area characteristics). Figures count jobs located in Waukegan, not residents. Updated annually.

Commercial Zoning

What Can You Open in Waukegan?

Waukegan zoning by address

Look up a Waukegan address

Street number and street; add the town if it is not Waukegan. The lookup starts on its own when you pause.

Waukegan’s Unified Development Ordinance (adopted 2024) runs from B1 Neighborhood Convenience and B2 Community Shopping to B3 General Commercial — the corridor district where retail, restaurants, drive-throughs, personal services and professional and medical offices are permitted by right, while auto sales, auto repair and car washes need a conditional use — plus B4 Downtown and the R/LI and I industrial districts near the airport and rail corridors.

General & Corridor Commercial

B3 General Commercial is the workhorse corridor district on Green Bay Rd and Grand Ave — retail storefronts, quick-service restaurants, service businesses and medical offices by right; auto sales, auto repair, car washes and dwelling units by conditional use.

Neighborhood, Downtown & Industrial

The smaller-format B1 and B2 districts run through the neighborhoods and B4 Downtown covers the Genesee Street core, while the R/LI Research/Light Industrial and I Light Industrial districts concentrate warehouse, manufacturing, and flex users near Waukegan National Airport and the US-41 / rail corridors.

Waukegan Zoning Districts

The commercial, office and industrial districts in Waukegan, with the uses allowed by right and the uses that need special-use approval — 11 districts, 333 listed uses, from the code checked October 2026. Open any district for its full list.

B1 Neighborhood Convenience District — 13 permitted, 16 by special use+

Pedestrian-scale development serving nearby neighborhoods: a narrow set of commercial, institutional and limited residential uses, mainly along local roads. (Sec. 8.06.C.1; uses Table 9.02-1.)

Permitted by right: Body Art Establishment, Cultural Facility, Dwelling: Live/Work, Dwelling: Unit Above or Below the Ground Floor, Elementary, Middle, or High School, Financial Institution, Indoor Entertainment (Small), Indoor Recreation, Personal Services Establishment, Place of Worship (Small), Professional Office, Restaurant, Retail Goods Establishment

Special use approval required: Banquet Hall, Bar/Tavern, Dwelling: Community Residence (Large) — in B1 only above or below the ground floor (Sec. 9.02.B.12.d), Dwelling: Community Residence (Small) — in B1 only above or below the ground floor (Sec. 9.02.B.12.d), Dwelling: Residential Care Facility — in B1 only above or below the ground floor (Sec. 9.02.B.14), Dwelling: Single-Room Occupancy Units — in B1 only above or below the ground floor (Sec. 9.02.B.15.d), Government Facility, Hospital, Indoor Entertainment (Large), Laundromat, Place of Worship (Large), Planned Unit Development, Small Wind Energy System (Ground-mounted), Vocational School, Wireless Telecommunication Facility, Wireless Telecommunication Tower

Read the Waukegan zoning code

B2 Community Shopping District — 13 permitted, 18 by special use+

Pedestrian- and auto-oriented development serving neighborhoods and communities: a range of commercial, institutional and limited residential uses, mainly along major and minor arterial roads. (Sec. 8.06.C.2; uses Table 9.02-1.)

Permitted by right: Bar/Tavern, Body Art Establishment, Cultural Facility, Dwelling: Live/Work, Dwelling: Unit Above or Below the Ground Floor, Financial Institution, Garden Center, Indoor Entertainment (Small), Indoor Recreation, Personal Services Establishment, Professional Office, Restaurant, Retail Goods Establishment

Special use approval required: Animal Boarding or Shelter, Banquet Hall, Club, Lodge, or Hall, College or University, Day Care Center, Funeral Home / Crematory, Gas Station, Government Facility, Indoor Entertainment (Large), Laundromat, Microbrewery or Distillery, Place of Worship (Large), Place of Worship (Small), Planned Unit Development, Small Wind Energy System (Ground-mounted), Vocational School, Wireless Telecommunication Facility, Wireless Telecommunication Tower

Read the Waukegan zoning code

B3 General Commercial District — 14 permitted, 35 by special use+

Auto-oriented commercial development serving the City and surrounding communities: a wide range of commercial, institutional and limited residential uses, mainly along major arterial roads. (Sec. 8.06.C.3; uses Table 9.02-1.)

Permitted by right: Animal Boarding or Shelter, Bar/Tavern, Body Art Establishment, Cultural Facility, Drive-Through Facility, Financial Institution, Garden Center, Indoor Entertainment (Small), Indoor Recreation, Personal Services Establishment, Professional Office, Restaurant, Retail Goods Establishment, Vocational School

Special use approval required: Banquet Hall, Cannabis Dispensary, Car Wash, Club, Lodge, or Hall, College or University, Convention and Exhibition Halls, Day Care Center, Dwelling: Live/Work, Dwelling: Residential Care Facility, Dwelling: Unit Above or Below the Ground Floor, Fleet Management Facility, Funeral Home / Crematory, Gas Station, Government Facility, Hotel/Motel, Indoor Entertainment (Large), Laundromat, Machinery and Equipment Sales and Rental, Marina, Motor Vehicle Dealership, Microbrewery or Distillery, Motor Vehicle Rental, Motor Vehicle Repair and/or Service, Motor Vehicle Sales, Multi-Modal Facility, Outdoor Entertainment, Outdoor Recreation, Pawn Shop, Place of Worship (Large), Place of Worship (Small), Planned Unit Development, Research/Development Facility, Small Wind Energy System (Ground-mounted), Title or Payday Loan Establishment, Wireless Telecommunication Facility, Wireless Telecommunication Tower

Read the Waukegan zoning code

B4 Downtown District — 12 permitted, 21 by special use+

Dense, pedestrian-oriented development in Downtown Waukegan with a wide range of commercial, residential and institutional uses; a parking garage must hold commercial, civic or institutional space on at least half of its street-facing ground floor. (Sec. 8.06.C.4 and 8.13.B.6; uses Table 9.02-1.)

Permitted by right: Bar/Tavern, Body Art Establishment, Dwelling: Unit Above or Below the Ground Floor, Financial Institution, Hotel/Motel, Indoor Entertainment (Large), Indoor Entertainment (Small), Indoor Recreation, Personal Services Establishment, Professional Office, Restaurant, Retail Goods Establishment

Special use approval required: Cannabis Dispensary, Club, Lodge, or Hall, Convention and Exhibition Halls, Cultural Facility, Day Care Center, Dwelling: Live/Work, Elementary, Middle, or High School, Funeral Home / Crematory, Garden Center, Government Facility, Laundromat, Microbrewery or Distillery, Multi-Modal Facility, Outdoor Entertainment, Place of Worship (Large), Place of Worship (Small), Planned Unit Development, Small Wind Energy System (Ground-mounted), Vocational School, Wireless Telecommunication Facility, Wireless Telecommunication Tower

Read the Waukegan zoning code

H/C Health/Civic District — 5 permitted, 16 by special use+

Office buildings, business headquarters, civic and cultural buildings, schools, hospitals, medical services and other institutions in a mutually compatible setting. (Sec. 8.06.C.5; uses Table 9.02-1.)

Permitted by right: Cultural Facility, Dwelling: Unit Above or Below the Ground Floor, Financial Institution, Personal Services Establishment, Professional Office

Special use approval required: College or University, Dwelling: Live/Work, Elementary, Middle, or High School, Funeral Home / Crematory, Garden Center, Government Facility, Homeless Shelter, Hospital, Hotel/Motel, Indoor Recreation, Planned Unit Development, Research/Development Facility, Small Wind Energy System (Ground-mounted), Vocational School, Wireless Telecommunication Facility, Wireless Telecommunication Tower

Read the Waukegan zoning code

E Entertainment District — 7 permitted, 18 by special use+

Large-scale entertainment and retail developments serving the City and surrounding communities, with cultural uses and multi-unit dwellings; the only district where a casino can be approved. (Sec. 8.06.C.6; uses Table 9.02-1.)

Permitted by right: Bar/Tavern, Body Art Establishment, Financial Institution, Hotel/Motel, Indoor Entertainment (Small), Restaurant, Retail Goods Establishment

Special use approval required: Banquet Hall, Cannabis Dispensary, Casino, Convention and Exhibition Halls, Cultural Facility, Drive-Through Facility, Dwelling: Unit Above or Below the Ground Floor, Indoor Entertainment (Large), Indoor Recreation, Microbrewery or Distillery, Multi-Modal Facility, Outdoor Entertainment, Place of Worship (Large), Place of Worship (Small), Planned Unit Development, Small Wind Energy System (Ground-mounted), Wireless Telecommunication Facility, Wireless Telecommunication Tower

Read the Waukegan zoning code

R/LI Research/Light Industrial District — 10 permitted, 15 by special use+

Research, light industrial, business, corporate and professional office uses developed in a unified way on large tracts with access to the interstate highway system. (Sec. 8.06.D.1; uses Table 9.02-1.)

Permitted by right: Cultural Facility, Garden Center, Light Manufacturing, Personal Services Establishment, Place of Worship (Small), Professional Office, Research/Development Facility, Restaurant, Vocational School, Warehousing and Distribution Facility

Special use approval required: Animal Boarding or Shelter, Day Care Center, Fleet Management Facility, Government Facility, Hospital, Hotel/Motel, Indoor Recreation, Machinery and Equipment Sales and Rental, Microbrewery or Distillery, Outdoor Entertainment, Place of Worship (Large), Planned Unit Development, Small Wind Energy System (Ground-mounted), Wireless Telecommunication Facility, Wireless Telecommunication Tower

Read the Waukegan zoning code

I Light Industrial District — 6 permitted, 21 by special use+

Low-intensity manufacturing with minimal impact on neighbors: a narrowly defined set of light manufacturing, office and research uses. (Sec. 8.06.D.2; uses Table 9.02-1.)

Permitted by right: Light Manufacturing, Machinery and Equipment Sales and Rental, Professional Office, Research/Development Facility, Vocational School, Warehousing and Distribution Facility

Special use approval required: Adult Entertainment Establishment, Airport, Cannabis Craft Grower, Cannabis Cultivation Center, Cannabis Dispensary, Cannabis Infuser, Cannabis Processor, Cannabis Transporter, Car Wash, Contractor Yard, Fleet Management Facility, Gas Station, Microbrewery or Distillery, Motor Vehicle Repair and/or Service, Planned Unit Development, Restaurant, Self-Storage (Indoor), Small Wind Energy System (Ground-mounted), Utility, Wireless Telecommunication Facility, Wireless Telecommunication Tower

Read the Waukegan zoning code

L1 South Lakefront District — 6 permitted, 17 by special use+

South lakefront open space and moderate-density housing (one- to four-unit, townhouse and low-rise multi-unit) with limited commercial uses; every commercial use here needs a conditional use. (Sec. 8.06.E.1; uses Table 9.02-1.)

Permitted by right: Day Care Home, Dwelling: Four-Unit (Attached), Dwelling: Single-Unit, Dwelling: Three-Unit (Attached), Dwelling: Townhouse, Dwelling: Two-Unit (Attached)

Special use approval required: Bar/Tavern, Bed and Breakfast, Day Care Center, Dwelling: Multi-Unit, Dwelling: Unit Above or Below the Ground Floor, Elementary, Middle, or High School, Government Facility, Outdoor Recreation, Personal Services Establishment, Place of Worship (Large), Place of Worship (Small), Planned Unit Development, Restaurant, Retail Goods Establishment, Small Wind Energy System (Ground-mounted), Wireless Telecommunication Facility, Wireless Telecommunication Tower

Read the Waukegan zoning code

L2 Marina District — 15 permitted, 21 by special use+

Marina, recreational and mixed commercial and residential development serving the City and surrounding communities, including multi-unit and mixed-use buildings and a wide range of commercial and recreational uses. (Sec. 8.06.E.2; uses Table 9.02-1.)

Permitted by right: Body Art Establishment, Cultural Facility, Day Care Home, Dwelling: Four-Unit (Attached), Dwelling: Multi-Unit, Dwelling: Three-Unit (Attached), Dwelling: Townhouse, Dwelling: Two-Unit (Attached), Dwelling: Unit Above or Below the Ground Floor, Financial Institution, Indoor Entertainment (Small), Marina, Commercial / Recreational, Personal Services Establishment, Restaurant, Retail Goods Establishment

Special use approval required: Banquet Hall, Bar/Tavern, Cannabis Dispensary, Club, Lodge, or Hall, Convention and Exhibition Halls, Day Care Center, Elementary, Middle, or High School, Hotel/Motel, Indoor Entertainment (Large), Marina, Motor Vehicle Dealership, Microbrewery or Distillery, Multi-Modal Facility, Outdoor Entertainment, Outdoor Recreation, Place of Worship (Large), Place of Worship (Small), Planned Unit Development, Professional Office, Small Wind Energy System (Ground-mounted), Wireless Telecommunication Facility, Wireless Telecommunication Tower

Read the Waukegan zoning code

L3 North Harbor District — 14 permitted, 20 by special use+

Marina, recreational and mixed commercial and residential development serving nearby neighborhoods, including townhouses, multi-unit and mixed-use buildings and a wide range of commercial and recreational uses. (Sec. 8.06.E.3; uses Table 9.02-1.)

Permitted by right: Body Art Establishment, Cultural Facility, Day Care Home, Dwelling: Four-Unit (Attached), Dwelling: Multi-Unit, Dwelling: Three-Unit (Attached), Dwelling: Townhouse, Dwelling: Two-Unit (Attached), Dwelling: Unit Above or Below the Ground Floor, Financial Institution, Indoor Entertainment (Small), Personal Services Establishment, Restaurant, Retail Goods Establishment

Special use approval required: Banquet Hall, Bar/Tavern, Club, Lodge, or Hall, Convention and Exhibition Halls, Day Care Center, Elementary, Middle, or High School, Golf Course, Hotel/Motel, Indoor Entertainment (Large), Indoor Recreation, Microbrewery or Distillery, Outdoor Entertainment, Outdoor Recreation, Place of Worship (Large), Place of Worship (Small), Planned Unit Development, Professional Office, Small Wind Energy System (Ground-mounted), Wireless Telecommunication Facility, Wireless Telecommunication Tower

Read the Waukegan zoning code

Overlay districts, planned developments and parking rules can further limit what a specific parcel can do.

Source: Waukegan Unified Development Ordinance (July 1, 2024), Table 9.02-1, as amended October 6, 2025. Confirm your specific use and parking with the City of Waukegan before you commit — or tell Jason what you’re trying to open.

Also Serving

Nearby Markets

Click a town to explore Jason’s services in that market.

Across the county: Lake County commercial real estate · Lake County industrial and warehouse property

Questions

Waukegan Commercial Real Estate FAQ

Who is the best commercial real estate broker in Waukegan?+
Jason Bitton of RE/MAX Commercial — the #1 RE/MAX Commercial broker in Illinois (2022, 2024, 2025) — works Waukegan from his Libertyville office about 20 minutes away. He represents buyers, sellers, landlords, and tenants in retail, industrial, office, land, and investment property across the city, from the Green Bay Road auto corridor and Grand Avenue retail to the industrial parks on Northpoint Boulevard and Amhurst Parkway. Next door in Gurnee, he sold the office building at 4156 Old Grand Ave for its owner in February 2025.
Who should I hire to sell my commercial building in Waukegan?+
Jason Bitton of RE/MAX Commercial. Next door in Gurnee he sold the office building at 4156 Old Grand Ave for its owner in February 2025, and in Zion he leased retail space at 1301–1315 21st St for its landlord in May 2026. He works for sellers — more than 80% of the sales on his public ledger represented the seller — and he doesn’t own or develop commercial property, so no building of his ever competes with yours for a buyer. In CoStar sale records he was the listing agent on more Lake County retail sales that closed in 2024 than any other agent.
What do commercial buildings sell for in Waukegan?+
In the two years to June 30, 2026, the City of Waukegan recorded 78 arm’s-length sales of office, retail, commercial and industrial property, at a median price of $462,500. Retail and commercial buildings were 62 of the 78 sales, at a median of $441,574; office, 6 at $265,000; industrial, 10 at $6,402,944. There is no per-square-foot figure: only 4 of the industrial sales could be matched to a building area, too few for a median, and in retail, commercial and office sales the land and the tenants often set the price as much as the building does.
How long does it take to sell a commercial building in Waukegan?+
About three months once the building is on the market. Of the 78 sales in the two years to June 30, 2026, 29 sellers reported a marketing time: 11 never put the building on the market, and the 18 who marketed it reported a median of 3 months; 12 of the 18 sold within six months and 17 within a year. Each figure is the seller’s own estimate.
What can I build or open on Green Bay Road in Waukegan?+
It depends on the parcel: its zoning district, the use you have in mind and the parking that use needs. Start with the zoning guide on this page, then confirm your specific use and parking with the City of Waukegan before you commit — or tell Jason the address and the use at (847) 858-2909 or through the Get Started form.
What are Waukegan’s main commercial corridors?+
Green Bay Road (Route 131) is the established auto-dealer corridor; Grand Avenue (Route 132) and Belvidere Road (Route 120) carry retail and service; downtown centers on Genesee Street near the lakefront; and the US-41 / Amstutz corridor and Waukegan National Airport anchor the industrial base.
How do I find commercial land for sale in Waukegan?+
Available land changes month to month. Tell Jason the acreage, zoning and use you need at (847) 858-2909 or through the Get Started form, and he will send you what is available along Green Bay Road, Grand Avenue and the airport-area industrial base.

Thinking About Selling in Waukegan?

Start with a confidential, off-market opinion of value from a broker who works Waukegan’s corridors as home-market territory. No sign in the window — a private read on value and current buyer demand, then you decide.

Buying or leasing instead? Same door: Get Started or call.

Want a number first? The property value estimator gives a first read from rent, taxes and size before anyone talks.

Or start from the record: the commercial property lookup shows size, county valuation and last sale for any commercial building on file in Waukegan.