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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Waukegan, IL
Fix & Flip
Motivated Seller
Listed for sale 4 days ago
$ 189,900
ROI
23.2
Cash Flow/m
180- 2 Bed
- 2 Bath
- 808 sft
417 S Lewis Ave, Waukegan, IL, 60085
Fix & Flip
$ 259,900
ROI
28.0Cash Flow/m
597- 4 Bed
- 2 Bath
- 1536 sft
520 4th St, Waukegan, IL, 60085
Fix & Flip
$ 199,900
ROI
22.4Cash Flow/m
144- 3 Bed
- 2 Bath
- 1056 sft
1241 S Elmwood Ave, Waukegan, IL, 60085
Fix & Flip
$ 160,000
ROI
23.0Cash Flow/m
142- 3 Bed
- 1 Bath
- 864 sft
2805 N Elmwood Ave, Waukegan, IL, 60087
Why Invest in Waukegan, Illinois?
Waukegan, IL, is an enticing market for fix-and-flip investments, offering robust returns and steady demand. With average cash flows on the rise and a strong rental yield, investors can find lucrative opportunities here. The city boasts a vibrant community and proximity to the shores of Lake Michigan, enhancing its appeal.
15%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investors can expect an average ROI of around 15% for fix-and-flip properties in Waukegan, making it a lucrative market for renovation projects.
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