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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Waukegan, IL
Fix & Flip
Motivated Seller
Listed for sale 4 days ago
$ 189,900
ROI
23.2
Cash Flow/m
180- 2 Bed
- 2 Bath
- 808 sft
417 S Lewis Ave, Waukegan, IL, 60085
$ 180,000
ROI
21.8Cash Flow/m
103- 2 Bed
- 1 Bath
- 910 sft
905 Glenwood Ave, Waukegan, IL, 60085
$ 200,000
ROI
20.7Cash Flow/m
51- 2 Bed
- 1 Bath
- 1152 sft
317 N Jackson St, Waukegan, IL, 60085
$ 199,900
ROI
23.0Cash Flow/m
177- 4 Bed
- 2 Bath
- 1814 sft
728 N Ash St, 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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