Buy or Sell a Business in North Chicago, Illinois

Your complete guide to business transactions in Lake County. Naval Station Great Lakes, healthcare hub, and revitalization opportunities.

North Chicago Business Market at a Glance

30K
Population
700+
Total Businesses
$175K
Avg. Sale Price
11 mo
Median Time to Sell

North Chicago Economic Overview

North Chicago is a city in Lake County, home to Naval Station Great Lakes, the U.S. Navy's largest training installation. The city also hosts major healthcare facilities including the Captain James A. Lovell Federal Health Care Center and Abbott Laboratories operations.

The city is undergoing revitalization efforts with new development and investment. The military presence provides a stable economic base, while healthcare and pharmaceutical industries offer additional opportunities.

North Chicago Business Market Data

MetricValue
Population29,680
Total Businesses700+
Average Business Sale Price$175,000
Median Time to Sell11 months
Top IndustriesHealthcare, Retail, Restaurants, Personal Services, Professional Services
RegionNorth Shore / Lake County

Selling a Business in North Chicago

North Chicago's military presence and healthcare sector create unique opportunities for sellers.

North Chicago Seller Advantages

  • Military base: Stable customer base
  • Healthcare hub: Major employers
  • Revitalization: Growing investment
  • Affordable market: Attracts diverse buyers

Buying a Business in North Chicago

North Chicago offers affordable opportunities for buyers seeking businesses with military and healthcare customer bases.

North Chicago Buyer Advantages

  • Very affordable: Low acquisition costs
  • Stable demand: Military and healthcare workers
  • Growth potential: Revitalization underway
  • Lake County location: Regional access

Ready to Buy or Sell in North Chicago?

Get expert guidance for your North Chicago business transaction.