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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Waukegan, IL

$ 165,000
ROI
28.8
Cash Flow/m
416- 3 Bed
- 1 Bath
- 864 sft
3370 W Brooke Ave APT 218, Waukegan, IL, 60087

$ 160,000
ROI
23.3
Cash Flow/m
158- 3 Bed
- 1 Bath
- 1156 sft
746 Walnut St #2E, Waukegan, IL, 60085

$ 164,827
ROI
21.2
Cash Flow/m
64- 2 Bed
- 2 Bath
- 1840 sft
2574 Berkshire Ct N #5, Waukegan, IL, 60087

$ 103,000
ROI
30.3
Cash Flow/m
303- 1 Bed
- 1 Bath
- 450 sft
3130 W Monroe St APT 204, Waukegan, IL, 60085
Why Invest in Waukegan, Illinois?
Investing in condos in Waukegan offers a unique opportunity amidst a growing rental market. With an average rental yield of 7% and an appreciation rate of 5% over the past year, now is the time to consider purchasing. The area's proximity to Lake Michigan and ongoing economic developments make condos here a compelling choice for investors.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Waukegan is around $1,500 per month, making it an affordable option for many renters.
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