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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
Listed for sale 1 day ago
$ 140,000
ROI
22.9
Cash Flow/m
123- 4 Bed
- 2 Bath
- 1364 sft
846 S Genesee St, Waukegan, IL, 60085

Listed for sale 5 days ago
$ 170,000
ROI
22.5
Cash Flow/m
129- 2 Bed
- 2 Bath
- - sft
629 S Fulton Ave, Waukegan, IL, 60085

Fix & Flip
$ 175,000
ROI
23.7
Cash Flow/m
193- 3 Bed
- 1 Bath
- 1281 sft
208 S Park Ave, Waukegan, IL, 60085

$ 180,000
ROI
22.1
Cash Flow/m
116- 2 Bed
- 1 Bath
- 715 sft
151 S Martin 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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