Multi Family Investment Properties for Sale in Waukegan, IL
$ 265,000
ROI
27.4
Cash Flow/m
562- 4 Bed
- 2 Bath
- - sft
525 South Ave, Waukegan, IL, 60085
Fix & Flip
$ 315,000
ROI
35.2Cash Flow/m
1355- 4 Bed
- 4 Bath
- - sft
1923 N Jackson St, Waukegan, IL, 60087
$ 279,000
ROI
28.8Cash Flow/m
705- 3 Bed
- 2 Bath
- - sft
1033 W Atlantic Ave, Waukegan, IL, 60085
Rental Income
$ 265,000
ROI
25.5Cash Flow/m
425- 4 Bed
- 2 Bath
- - sft
429 Center 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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