Under $200K Investment Properties for Sale in Waukegan, IL
Listed for sale 3 days ago
$ 159,900
ROI
22.9
Cash Flow/m
140- 2 Bed
- 1 Bath
- 1888 sft
1949 Hickory St, Waukegan, IL, 60087
Listed for sale 7 days ago
$ 199,700
ROI
21.9Cash Flow/m
118- 2 Bed
- 1 Bath
- 652 sft
609 N Frolic Ave, Waukegan, IL, 60085
$ 165,000
ROI
28.8Cash Flow/m
416- 3 Bed
- 1 Bath
- 864 sft
3370 W Brooke Ave APT 218, Waukegan, IL, 60087
$ 200,000
ROI
20.3Cash Flow/m
30- 3 Bed
- 2 Bath
- 1593 sft
2715 Hyde Park Ave, Waukegan, IL, 60085
Why Invest in Waukegan, Illinois?
Investing in Waukegan presents a unique opportunity, especially for properties under $200k. The city shows promising rental yields and an attractive appreciation rate, making it an ideal location for new and seasoned real estate investors alike.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Waukegan is about $1,200, which reflects the competitive rental market in the area.
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