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
Listed for sale 2 days ago
$ 237,000
ROI
25.7
Cash Flow/m
390- 2 Bed
- 1 Bath
- 924 sft
1324 Hickory St, Waukegan, IL, 60085
Listed for sale 2 days ago
$ 229,000
ROI
26.8Cash Flow/m
446- 2 Bed
- 1 Bath
- 914 sft
227 N Elmwood Ave, Waukegan, IL, 60085
Fix & Flip
Motivated Seller
Listed for sale 4 days ago
$ 189,900
ROI
23.2Cash Flow/m
180- 2 Bed
- 2 Bath
- 808 sft
417 S Lewis Ave, Waukegan, IL, 60085
Listed for sale 5 days ago
$ 315,000
ROI
22.2Cash Flow/m
215- 4 Bed
- 2 Bath
- 1462 sft
1503 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.
Find Your Perfect Investment Property in Waukegan, Illinois
Explore investment opportunities by strategy, performance, or property type
