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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Waukegan, IL
Listed for sale 2 days ago
$ 237,000
ROI
25.7
Cash Flow/m
390- 2 Bed
- 1 Bath
- 924 sft
1324 Hickory St, Waukegan, IL, 60085
Listed for sale 2 days ago
$ 229,000
ROI
26.8Cash Flow/m
446- 2 Bed
- 1 Bath
- 914 sft
227 N Elmwood Ave, Waukegan, IL, 60085
Fix & Flip
Motivated Seller
Listed for sale 4 days ago
$ 189,900
ROI
23.2Cash Flow/m
180- 2 Bed
- 2 Bath
- 808 sft
417 S Lewis Ave, Waukegan, IL, 60085
Listed for sale 5 days ago
$ 315,000
ROI
22.2Cash Flow/m
215- 4 Bed
- 2 Bath
- 1462 sft
1503 Hickory St, Waukegan, IL, 60085
Why Invest in Waukegan, Illinois?
Waukegan, Illinois offers high rental yields, making it an attractive market for real estate investors. With an average rental yield of 8%, investors can benefit from a strong cash flow while the housing market sees steady appreciation. The city also boasts a renter-occupied rate of 60%, indicating a healthy demand for rental properties.
12%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Waukegan, IL is around 8%, making it a favorable market for real estate investors.
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