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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Waukegan, IL
Listed for sale 1 day ago
$ 335,000
ROI
20.7
Cash Flow/m
88- 4 Bed
- 2 Bath
- 1404 sft
3500 Stonegate Rd, Waukegan, IL, 60087
Listed for sale 2 days ago
$ 199,000
ROI
23.6Cash Flow/m
212- 4 Bed
- 1 Bath
- 903 sft
557 Oak St, Waukegan, IL, 60085
Listed for sale 2 days ago
$ 280,000
ROI
20.4Cash Flow/m
48- 3 Bed
- 3 Bath
- 1472 sft
1818 W Monroe St, Waukegan, IL, 60085
Listed for sale 3 days ago
$ 249,000
ROI
20.1Cash Flow/m
26- 3 Bed
- 1 Bath
- 1448 sft
818 Hickory St, Waukegan, IL, 60085
Why Invest in Waukegan, Illinois?
Investing in Waukegan, IL is a promising choice for those looking for properties under $500k. With a strong rental market and an average rental yield of 7%, investors can find opportunities with good cash flow. The city has diverse economic growth, supported by major employers in the healthcare and education sectors.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Waukegan is approximately $1,200 per month, making it an affordable option for both renters and investors.
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