Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Waukegan, IL

Listed for sale 2 days ago
$ 199,000
ROI
23.6
Cash Flow/m
212- 4 Bed
- 1 Bath
- 903 sft
557 Oak St, Waukegan, IL, 60085

Listed for sale 3 days ago
$ 165,000
ROI
22.7
Cash Flow/m
135- 2 Bed
- 1 Bath
- 868 sft
2932 Darrow Ln, Waukegan, IL, 60085

Fix & Flip
Listed for sale 5 days ago
$ 199,900
ROI
22.5
Cash Flow/m
154- 4 Bed
- 2 Bath
- 1539 sft
709 Center St, Waukegan, IL, 60085

Fix & Flip
Listed for sale 6 days ago
$ 185,000
ROI
22.8
Cash Flow/m
154- 3 Bed
- 2 Bath
- 800 sft
1106 Yeoman 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.
Find Your Perfect Investment Property in Waukegan, Illinois
Explore investment opportunities by strategy, performance, or property type
