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 668 S Lincoln Ave, Waukegan, IL
Listed for sale 3 days ago
$ 330,000
ROI
32.2ROI percentage
Cash Flow/m
Dollar sign1141
  • 7 Bed
  • 3 Bath
  • 1600 sft
668 S Lincoln Ave, Waukegan, IL, 60085
Property at 714 Cummings Ave, Waukegan, IL
$ 229,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign391
  • 4 Bed
  • 2 Bath
  • - sft
714 Cummings Ave, Waukegan, IL, 60085
Property at 644 Lenox Ave, Waukegan, IL
Rental Income
$ 250,000
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign25
  • 4 Bed
  • 2 Bath
  • - sft
644 Lenox Ave, Waukegan, IL, 60085
Property at 1231 Tobin Ct, Waukegan, IL
$ 219,900
ROI
34.0ROI percentage
Cash Flow/m
Dollar sign875
  • 4 Bed
  • 2 Bath
  • 1280 sft
1231 Tobin Ct, 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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