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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 today
$ 344,500
ROI
22.4
Cash Flow/m
250- 3 Bed
- 3 Bath
- 1576 sft
1317 N Jackson St, Waukegan, IL, 60085
Fix & Flip
Listed for sale 1 day ago
$ 140,000
ROI
22.9Cash Flow/m
123- 4 Bed
- 2 Bath
- 1364 sft
846 S Genesee St, Waukegan, IL, 60085
Listed for sale 2 days ago
$ 234,900
ROI
26.0Cash Flow/m
405- 2 Bed
- 1 Bath
- 832 sft
314 S Orchard Ave, Waukegan, IL, 60085
Listed for sale 4 days ago
$ 319,900
ROI
27.4Cash Flow/m
682- 4 Bed
- 3 Bath
- 1164 sft
2444 Linden Ave, 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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