Multi-Family Investment Properties in Waukegan, IL | Ziffy.ai
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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

Property at 621 Helmholz Ave, Waukegan, IL
Currently Rented
$ 239,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign411
  • 4 Bed
  • 2 Bath
  • - sft
621 Helmholz Ave, Waukegan, IL, 60085
Property at 301 W Eagle Ct, Waukegan, IL
$ 410,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign404
  • 4 Bed
  • 4 Bath
  • 2317 sft
301 W Eagle Ct, Waukegan, IL, 60087
Property at 517 N Jackson St, Waukegan, IL
$ 165,000
ROI
30.8ROI percentage
Cash Flow/m
Dollar sign509
  • 4 Bed
  • 2 Bath
  • - sft
517 N Jackson St, Waukegan, IL, 60085
Property at 637 8th St, Waukegan, IL
$ 324,000
ROI
35.1ROI percentage
Cash Flow/m
Dollar sign1381
  • 10 Bed
  • 3 Bath
  • - sft
637 8th 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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