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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Waukegan, IL
$ 245,000
ROI
26.3
Cash Flow/m
449- 4 Bed
- 2 Bath
- - sft
214 Franklin St, Waukegan, IL, 60085
$ 320,000
ROI
27.3Cash Flow/m
671- 4 Bed
- 2 Bath
- - sft
302 Cory Ave, Waukegan, IL, 60085
Rental Income
$ 275,000
ROI
26.2Cash Flow/m
493- 4 Bed
- 2 Bath
- - sft
1000 N Lewis Ave, Waukegan, IL, 60085
$ 299,000
ROI
23.7Cash Flow/m
326- 4 Bed
- 2 Bath
- - sft
518 Chestnut St, Waukegan, IL, 60085
Why Invest in Waukegan, Illinois?
Investing in multifamily properties in Waukegan, IL offers the potential for strong cash flow and appreciation. The local market has shown consistent rental demand, with an average rent of $1,200 per month, making it an attractive option for investors. With an average rental yield of 6% and cap rates around 8%, Waukegan presents a compelling opportunity for real estate investment.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily properties in Waukegan is approximately $1,200 per month, providing a viable investment opportunity.
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