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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
Listed for sale 3 days ago
$ 192,000
ROI
23.4
Cash Flow/m
194- 4 Bed
- 1 Bath
- 1000 sft
825 N Butrick St, Waukegan, IL, 60085
$ 179,900
ROI
22.4Cash Flow/m
133- 2 Bed
- 1 Bath
- 632 sft
613 N Frolic Ave, Waukegan, IL, 60085
$ 185,000
ROI
21.9Cash Flow/m
108- 2 Bed
- 2 Bath
- 648 sft
511 Chestnut St, Waukegan, IL, 60085
$ 169,900
ROI
22.6Cash Flow/m
133- 3 Bed
- 2 Bath
- 1380 sft
201 S 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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