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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
$ 335,000
ROI
20.7
Cash Flow/m
88- 4 Bed
- 2 Bath
- 1404 sft
3500 Stonegate Rd, Waukegan, IL, 60087

Listed for sale 3 days ago
$ 199,000
ROI
23.6
Cash Flow/m
212- 4 Bed
- 1 Bath
- 903 sft
557 Oak St, Waukegan, IL, 60085

Listed for sale 3 days ago
$ 280,000
ROI
20.4
Cash Flow/m
48- 3 Bed
- 3 Bath
- 1472 sft
1818 W Monroe St, Waukegan, IL, 60085

Listed for sale 4 days ago
$ 249,000
ROI
20.1
Cash Flow/m
26- 3 Bed
- 1 Bath
- 1448 sft
818 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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