Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Waukegan, IL
Listed for sale today
$ 235,000
ROI
25.9
Cash Flow/m
404- 2 Bed
- 2 Bath
- 1008 sft
1316 N Ash St, Waukegan, IL, 60085
Listed for sale today
$ 285,000
ROI
28.1Cash Flow/m
663- 3 Bed
- 1 Bath
- 2253 sft
416 Hull Ct, Waukegan, IL, 60085
Listed for sale today
$ 245,000
ROI
23.0Cash Flow/m
221- 2 Bed
- 1 Bath
- 1536 sft
2123 N McAree Rd, Waukegan, IL, 60087
Listed for sale today
$ 300,000
ROI
20.4Cash Flow/m
49- 4 Bed
- 1 Bath
- 1710 sft
36107 N Green Bay Rd, Waukegan, IL, 60087
Why Invest in Waukegan, Illinois?
Investing in properties under $300k in Waukegan offers promising opportunities for both new and seasoned investors. With an average rental yield of 7% and a cap rate of 10%, this area shows robust demand. The city's affordability, coupled with steady appreciation rates, makes it an attractive option for generating cash flow.
15%
Avg. ROI
7%
Rental Yield
10%
Cap Rate
$1200/mo
Avg. Cash Flow
$1700/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Waukegan offers a strong rental yield and appreciation potential, making it a great option for property investors. Additionally, the city has a diverse economy and increasing job opportunities.
Find Your Perfect Investment Property in Waukegan, Illinois
Explore investment opportunities by strategy, performance, or property type
