Under $500K Investment Properties for Sale in Waukegan, IL
Listed for sale today
$ 335,000
ROI
23.1
Cash Flow/m
316- 3 Bed
- 3 Bath
- 2864 sft
211 Sheridan Ct, Waukegan, IL, 60085
Listed for sale today
$ 354,900
ROI
22.8Cash Flow/m
296- 4 Bed
- 1 Bath
- 1512 sft
418 Hull Ct, Waukegan, IL, 60085
Listed for sale 3 days ago
$ 159,900
ROI
22.9Cash Flow/m
140- 2 Bed
- 1 Bath
- 1888 sft
1949 Hickory St, Waukegan, IL, 60087
Fix & Flip
Listed for sale 3 days ago
$ 334,900
ROI
27.6Cash Flow/m
733- 3 Bed
- 2 Bath
- 1800 sft
2250 Corona Rd, Waukegan, IL, 60087
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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