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
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 1 day ago
$ 234,900
ROI
26.0Cash Flow/m
405- 2 Bed
- 1 Bath
- 832 sft
314 S Orchard Ave, Waukegan, IL, 60085
Listed for sale 3 days ago
$ 250,000
ROI
23.4Cash Flow/m
251- 3 Bed
- 2 Bath
- 960 sft
427 S Elmwood Ave, Waukegan, IL, 60085
Listed for sale 4 days ago
$ 234,900
ROI
20.3Cash Flow/m
33- 3 Bed
- 2 Bath
- 1599 sft
614 N Butrick St, Waukegan, IL, 60085
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
