High Rental Yield Investment Properties for Sale in Waukegan, IL
Listed for sale 1 day ago
$ 335,000
ROI
23.1
Cash Flow/m
316- 3 Bed
- 3 Bath
- 2864 sft
211 Sheridan Ct, Waukegan, IL, 60085
Listed for sale 1 day ago
$ 354,900
ROI
22.8Cash Flow/m
296- 4 Bed
- 1 Bath
- 1512 sft
418 Hull Ct, Waukegan, IL, 60085
Listed for sale 4 days ago
$ 159,900
ROI
22.9Cash Flow/m
140- 2 Bed
- 1 Bath
- 1888 sft
1949 Hickory St, Waukegan, IL, 60087
Fix & Flip
Listed for sale 4 days ago
$ 334,900
ROI
27.6Cash Flow/m
733- 3 Bed
- 2 Bath
- 1800 sft
2250 Corona Rd, Waukegan, IL, 60087
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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