Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
$ 319,900
ROI
27.4Cash Flow/m
682- 4 Bed
- 3 Bath
- 1164 sft
2444 Linden Ave, Waukegan, IL, 60087
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
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.
Find Your Perfect Investment Property in Waukegan, Illinois
Explore investment opportunities by strategy, performance, or property type
