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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
Rental Income
$ 394,900
ROI
27.0
Cash Flow/m
801- 5 Bed
- 4 Bath
- - sft
2100 Western Ave, Waukegan, IL, 60087
$ 309,000
ROI
23.0Cash Flow/m
282- 6 Bed
- 2 Bath
- - sft
706 Martin Luther King Dr, Waukegan, IL, 60085
$ 385,000
ROI
31.4Cash Flow/m
1242- 4 Bed
- 2 Bath
- - sft
1609 N Sheridan Rd, Waukegan, IL, 60085
Currently Rented
Rental Income
$ 330,000
ROI
26.2Cash Flow/m
589- 4 Bed
- 2 Bath
- - sft
2511 Western Ave, Waukegan, IL, 60087
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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