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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Waukegan, IL

Listed for sale 4 days ago
$ 229,900
ROI
31.1
Cash Flow/m
725- 3 Bed
- 2 Bath
- 1570 sft
4239 Continental Dr, Waukegan, IL, 60087

Currently Rented
Fix & Flip
$ 185,000
ROI
26.3
Cash Flow/m
337- 3 Bed
- 2 Bath
- 1240 sft
2203 Williamsburg Dr, Waukegan, IL, 60085

$ 185,000
ROI
26.3
Cash Flow/m
337- 3 Bed
- 2 Bath
- 1240 sft
2205 Williamsburg Dr, Waukegan, IL, 60085

$ 205,000
ROI
19.9
Cash Flow/m
6- 3 Bed
- 2 Bath
- 1200 sft
1608 11th St, Waukegan, IL, 60085
Why Invest in Waukegan, Illinois?
Investing in Waukegan, IL, particularly in townhouses, offers a promising opportunity with an attractive average ROI of 9%. The rental yield here is around 6%, which is bolstered by a thriving rental market where many properties are renter-occupied. With an average cash flow of $1,200 per month, Waukegan presents itself as a community ripe for real estate investment.
9%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Waukegan is around $1,800 per month, which reflects the area's growing demand for rental units.
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