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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Waukegan, IL
Listed for sale 2 days ago
$ 237,000
ROI
25.7
Cash Flow/m
390- 2 Bed
- 1 Bath
- 924 sft
1324 Hickory St, Waukegan, IL, 60085
Listed for sale 2 days ago
$ 229,000
ROI
26.8Cash Flow/m
446- 2 Bed
- 1 Bath
- 914 sft
227 N Elmwood Ave, Waukegan, IL, 60085
Fix & Flip
Motivated Seller
Listed for sale 4 days ago
$ 189,900
ROI
23.2Cash Flow/m
180- 2 Bed
- 2 Bath
- 808 sft
417 S Lewis Ave, Waukegan, IL, 60085
Listed for sale 5 days ago
$ 315,000
ROI
22.2Cash Flow/m
215- 4 Bed
- 2 Bath
- 1462 sft
1503 Hickory St, Waukegan, IL, 60085
Why Invest in Waukegan, Illinois?
Investing in single-family homes in Waukegan, IL offers investors a prime opportunity due to the area's rental market and affordability. With an average rent of $1,250, the market exhibits strong growth potential. Investors can expect a rental yield of around 6% alongside consistent appreciation rates that bolster long-term value.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for a single-family home in Waukegan is approximately $1,250. This figure reflects the area's strong rental demand and market trends.
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