Airbnb Properties for Sale in Waukegan, IL

Looking for a vacation rental investment in Waukegan, IL with high ROI ?

Explore a range of newly added short-term rental homes in Waukegan, IL. Make a smart investment with newly available Airbnb properties and find the ideal high-ROI property for sale.

Airbnb For Sale in Waukegan, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1513 12th St WAUKEGAN, IL Attention Landscaping, construction company owner, or daycare! Don't let this deal pass! T...	6 beds \| 3 baths \| 2,693 sq.ft.	$385,000	Airbnb cash on cash: 4.93% Traditional cash on cash: 2.37% Airbnb Rental Income: $3738 Traditional Rental Income: $2001 Airbnb ROI: 4.93% Traditional ROI: 2.37%
127 N Victory St WAUKEGAN, IL Welcome Home to this stunning, beautifully updated home that is truly move-in ready from t...	4 beds \| 2 baths \| 1,872 sq.ft.	$335,000	Airbnb cash on cash: 4.59% Traditional cash on cash: 4.34% Airbnb Rental Income: $3019 Traditional Rental Income: $2248 Airbnb ROI: 4.59% Traditional ROI: 4.34%
1031 Glenwood Ave WAUKEGAN, IL Welcome to this spacious and inviting 4 bedroom home with a partially finished full baseme...	4 beds \| 1 baths \| 1,930 sq.ft.	$250,000	Airbnb cash on cash: 6.35% Traditional cash on cash: 5.76% Airbnb Rental Income: $3019 Traditional Rental Income: $2187 Airbnb ROI: 6.35% Traditional ROI: 5.76%
609 N Frolic Ave WAUKEGAN, IL Experience comfort in this two bedroom gem with an abundance of space for outdoor entertai...	2 beds \| 1 baths \| 652 sq.ft.	$199,700	Airbnb cash on cash: 5.31% Traditional cash on cash: 4.45% Airbnb Rental Income: $2037 Traditional Rental Income: $1346 Airbnb ROI: 5.31% Traditional ROI: 4.45%
1504 W Glen Flora Ave WAUKEGAN, IL Three parcels of property being bundled together. 1504 Glen Flora is zoned residential wit...	4 beds \| 1 baths \| 1,174 sq.ft.	$499,999	Airbnb cash on cash: 1.7% Traditional cash on cash: 0.83% Airbnb Rental Income: $3019 Traditional Rental Income: $1918 Airbnb ROI: 1.7% Traditional ROI: 0.83%
547 S Martin Luther King Jr Avenue WAUKEGAN, IL Experience a vibrant lifestyle surrounded by culture, music, cuisine, and energy in this t...	5 beds \| 2 baths \| 1,722 sq.ft.	$249,200	Airbnb cash on cash: 9.35% Traditional cash on cash: 7.55% Airbnb Rental Income: $3738 Traditional Rental Income: $2504 Airbnb ROI: 9.35% Traditional ROI: 7.55%
3027 Belvidere Rd WAUKEGAN, IL 3027 Belvidere Rd, WAUKEGAN, IL 60085 \| Other	2 beds \| N/A baths \| 0 sq.ft.	$300,000	Airbnb cash on cash: 1.77% Traditional cash on cash: -1.08% Airbnb Rental Income: $2037 Traditional Rental Income: $705 Airbnb ROI: 1.77% Traditional ROI: -1.08%
968 S Darla Ct WAUKEGAN, IL 968 S Darla Ct, WAUKEGAN, IL 60085 \| Townhouse	2 beds \| 1 baths \| 936 sq.ft.	$218,500	Airbnb cash on cash: 3.61% Traditional cash on cash: 3.41% Airbnb Rental Income: $2037 Traditional Rental Income: $1466 Airbnb ROI: 3.61% Traditional ROI: 3.41%
1411 N Jackson St WAUKEGAN, IL 1411 N Jackson St, WAUKEGAN, IL 60085 \| Single Family Residential	4 beds \| 2 baths \| 2,223 sq.ft.	$199,500	Airbnb cash on cash: 8.57% Traditional cash on cash: 8.25% Airbnb Rental Income: $3019 Traditional Rental Income: $2266 Airbnb ROI: 8.57% Traditional ROI: 8.25%
228 S Lincoln Ave WAUKEGAN, IL A Must-See! Move-In Ready, Sun-Drenched, & Beautifully Updated Throughout, This Impressive...	4 beds \| 1 baths \| 1,892 sq.ft.	$244,900	Airbnb cash on cash: 6.79% Traditional cash on cash: 5.32% Airbnb Rental Income: $3019 Traditional Rental Income: $1987 Airbnb ROI: 6.79% Traditional ROI: 5.32%
1102 North Ave WAUKEGAN, IL 1102 North Ave, WAUKEGAN, IL 60085 \| Multi Family	4 beds \| 2 baths \| N/A	$324,900	Airbnb cash on cash: 4.07% Traditional cash on cash: 3.14% Airbnb Rental Income: $3019 Traditional Rental Income: $2044 Airbnb ROI: 4.07% Traditional ROI: 3.14%
2678 Woodview Ct #2678 WAUKEGAN, IL 2678 Woodview Ct #2678, WAUKEGAN, IL 60087 \| Condo/Coop	2 beds \| 1 baths \| 920 sq.ft.	$147,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 3.98% Airbnb Rental Income: $2037 Traditional Rental Income: $1404 Airbnb ROI: 4.73% Traditional ROI: 3.98%
320 S Martin Luther King Jr Ave WAUKEGAN, IL Welcome to Contemporary gorgeous raised ranch Features:5 bedrooms, 2 bathrooms, Living roo...	5 beds \| 2 baths \| 2,304 sq.ft.	$360,000	Airbnb cash on cash: 5.79% Traditional cash on cash: 5.33% Airbnb Rental Income: $3738 Traditional Rental Income: $2773 Airbnb ROI: 5.79% Traditional ROI: 5.33%
2110 Delaware Rd WAUKEGAN, IL Newly rehabbed & move-in ready 3 bedroom & 2 bathroom ranch in Lake County Gardens subdivi...	4 beds \| 2 baths \| 1,550 sq.ft.	$299,900	Airbnb cash on cash: 5.08% Traditional cash on cash: 4.12% Airbnb Rental Income: $3019 Traditional Rental Income: $2057 Airbnb ROI: 5.08% Traditional ROI: 4.12%
3076 Hampshire Ln WAUKEGAN, IL 3076 Hampshire Ln, WAUKEGAN, IL 60087 \| Single Family Residential	5 beds \| 3 baths \| 2,850 sq.ft.	$424,900	Airbnb cash on cash: 3.82% Traditional cash on cash: 3.73% Airbnb Rental Income: $3738 Traditional Rental Income: $2891 Airbnb ROI: 3.82% Traditional ROI: 3.73%
2640 Sycamore Dr WAUKEGAN, IL 2640 Sycamore Dr, WAUKEGAN, IL 60085 \| Single Family Residential	4 beds \| 2 baths \| 1,712 sq.ft.	$354,900	Airbnb cash on cash: 3.46% Traditional cash on cash: 2.93% Airbnb Rental Income: $3019 Traditional Rental Income: $2150 Airbnb ROI: 3.46% Traditional ROI: 2.93%
929 Adams St WAUKEGAN, IL 929 Adams St, WAUKEGAN, IL 60085 \| Single Family Residential	5 beds \| 2 baths \| 2,080 sq.ft.	$285,000	Airbnb cash on cash: 7.31% Traditional cash on cash: 5.68% Airbnb Rental Income: $3738 Traditional Rental Income: $2489 Airbnb ROI: 7.31% Traditional ROI: 5.68%
2226 Marshall Pkwy WAUKEGAN, IL 2226 Marshall Pkwy, WAUKEGAN, IL 60085 \| Single Family Residential	5 beds \| 3 baths \| 1,746 sq.ft.	$359,900	Airbnb cash on cash: 5.14% Traditional cash on cash: 4.09% Airbnb Rental Income: $3738 Traditional Rental Income: $2570 Airbnb ROI: 5.14% Traditional ROI: 4.09%
2047 Chestnut St WAUKEGAN, IL 2047 Chestnut St, WAUKEGAN, IL 60087 \| Single Family Residential	5 beds \| 3 baths \| 2,033 sq.ft.	$365,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 4.35% Airbnb Rental Income: $3738 Traditional Rental Income: $2694 Airbnb ROI: 5.03% Traditional ROI: 4.35%
2932 Darrow Ln WAUKEGAN, IL 2932 Darrow Ln, WAUKEGAN, IL 60085 \| Single Family Residential	2 beds \| 1 baths \| 868 sq.ft.	$165,000	Airbnb cash on cash: 5.77% Traditional cash on cash: 5.27% Airbnb Rental Income: $2037 Traditional Rental Income: $1430 Airbnb ROI: 5.77% Traditional ROI: 5.27%
2724 Hyde Park Ave WAUKEGAN, IL 2724 Hyde Park Ave, WAUKEGAN, IL 60085 \| Single Family Residential	4 beds \| 2 baths \| 1,458 sq.ft.	$325,000	Airbnb cash on cash: 4.07% Traditional cash on cash: 3.2% Airbnb Rental Income: $3019 Traditional Rental Income: $2063 Airbnb ROI: 4.07% Traditional ROI: 3.2%
1535 Hamilton Ct WAUKEGAN, IL 1535 Hamilton Ct, WAUKEGAN, IL 60085 \| Single Family Residential	2 beds \| 1 baths \| 800 sq.ft.	$140,000	Airbnb cash on cash: 7.33% Traditional cash on cash: 6.45% Airbnb Rental Income: $2037 Traditional Rental Income: $1390 Airbnb ROI: 7.33% Traditional ROI: 6.45%
117 Baldwin Ave WAUKEGAN, IL 117 Baldwin Ave, WAUKEGAN, IL 60085 \| Single Family Residential	2 beds \| 1 baths \| 622 sq.ft.	$168,000	Airbnb cash on cash: 5.61% Traditional cash on cash: 3.88% Airbnb Rental Income: $2037 Traditional Rental Income: $1230 Airbnb ROI: 5.61% Traditional ROI: 3.88%
3528 Rock Pkwy WAUKEGAN, IL 3528 Rock Pkwy, WAUKEGAN, IL 60087 \| Single Family Residential	4 beds \| 1 baths \| 1,568 sq.ft.	$309,000	Airbnb cash on cash: 4.44% Traditional cash on cash: 1.83% Airbnb Rental Income: $3019 Traditional Rental Income: $1567 Airbnb ROI: 4.44% Traditional ROI: 1.83%
621 N Ash St WAUKEGAN, IL	2 beds \| 1 baths \| 800 sq.ft.	$184,900	Airbnb cash on cash: 4.82% Traditional cash on cash: 3.98% Airbnb Rental Income: $2037 Traditional Rental Income: $1361 Airbnb ROI: 4.82% Traditional ROI: 3.98%
1945 Creek Rd WAUKEGAN, IL 1945 Creek Rd, WAUKEGAN, IL 60087 \| Single Family Residential	2 beds \| 1 baths \| 768 sq.ft.	$239,500	Airbnb cash on cash: 3.02% Traditional cash on cash: 2.42% Airbnb Rental Income: $2037 Traditional Rental Income: $1374 Airbnb ROI: 3.02% Traditional ROI: 2.42%
432 Colville Pl WAUKEGAN, IL 432 Colville Pl, WAUKEGAN, IL 60085 \| Single Family Residential	3 beds \| 1 baths \| 1,900 sq.ft.	$399,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 0.45% Airbnb Rental Income: $2032 Traditional Rental Income: $1477 Airbnb ROI: 0.53% Traditional ROI: 0.45%
112 Washington Park WAUKEGAN, IL 112 Washington Park, WAUKEGAN, IL 60085 \| Single Family Residential	3 beds \| 1 baths \| 1,444 sq.ft.	$259,900	Airbnb cash on cash: 2.52% Traditional cash on cash: 2.42% Airbnb Rental Income: $2032 Traditional Rental Income: $1481 Airbnb ROI: 2.52% Traditional ROI: 2.42%
4141 Continental Dr WAUKEGAN, IL 4141 Continental Dr, WAUKEGAN, IL 60087 \| Townhouse	4 beds \| 1 baths \| 1,320 sq.ft.	$225,000	Airbnb cash on cash: 5.82% Traditional cash on cash: 2.41% Airbnb Rental Income: $3019 Traditional Rental Income: $1601 Airbnb ROI: 5.82% Traditional ROI: 2.41%
2903 W Nemesis Ave WAUKEGAN, IL 2903 W Nemesis Ave, WAUKEGAN, IL 60087 \| Single Family Residential	5 beds \| 2 baths \| 2,144 sq.ft.	$350,000	Airbnb cash on cash: 5.38% Traditional cash on cash: 3.61% Airbnb Rental Income: $3738 Traditional Rental Income: $2345 Airbnb ROI: 5.38% Traditional ROI: 3.61%
2109 W Pacific Ave WAUKEGAN, IL 2109 W Pacific Ave, WAUKEGAN, IL 60085 \| Single Family Residential	4 beds \| 2 baths \| 1,657 sq.ft.	$250,000	Airbnb cash on cash: 6.23% Traditional cash on cash: 5.04% Airbnb Rental Income: $3019 Traditional Rental Income: $2048 Airbnb ROI: 6.23% Traditional ROI: 5.04%
657 S Mcalister Ave WAUKEGAN, IL 657 S Mcalister Ave, WAUKEGAN, IL 60085 \| Single Family Residential	4 beds \| 2 baths \| 1,451 sq.ft.	$229,900	Airbnb cash on cash: 7.04% Traditional cash on cash: 5.82% Airbnb Rental Income: $3019 Traditional Rental Income: $2061 Airbnb ROI: 7.04% Traditional ROI: 5.82%
2135 Hawthorne Ln WAUKEGAN, IL 2135 Hawthorne Ln, WAUKEGAN, IL 60087 \| Single Family Residential	4 beds \| 2 baths \| 1,500 sq.ft.	$299,000	Airbnb cash on cash: 4.69% Traditional cash on cash: 3.93% Airbnb Rental Income: $3019 Traditional Rental Income: $2111 Airbnb ROI: 4.69% Traditional ROI: 3.93%
1949 Hickory St WAUKEGAN, IL 1949 Hickory St, WAUKEGAN, IL 60087 \| Single Family Residential	2 beds \| 1 baths \| 1,888 sq.ft.	$159,900	Airbnb cash on cash: 6.06% Traditional cash on cash: 4.39% Airbnb Rental Income: $2037 Traditional Rental Income: $1255 Airbnb ROI: 6.06% Traditional ROI: 4.39%
2717 Sunset Ave WAUKEGAN, IL 2717 Sunset Ave, WAUKEGAN, IL 60087 \| Single Family Residential	3 beds \| 1 baths \| 1,731 sq.ft.	$210,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 3.65% Airbnb Rental Income: $2032 Traditional Rental Income: $1463 Airbnb ROI: 3.86% Traditional ROI: 3.65%

Vacation Rentals in Waukegan

There are 37 vacation rental properties available for sale in the city of Waukegan . The median list price of Airbnb properties available for sale in Waukegan is $259,844 and the average price per square foot is $191. The cash on cash return on vacation rentals in Waukegan is 3.00%. The average monthly short term rental income in Waukegan is $2,032.

Waukegan, IL Short Term Rentals FAQs for Buyers, Sellers and Investors

There are 37 Airbnb properties available for sale in Waukegan.

In 2026, the best neighborhood to buy short term rental property is WAUKEGAN.

In October 2026, the average Airbnb occupancy rate in Waukegan is 30%.

Airbnb data on vacation rentals in Waukegan, IL is available at Mashvisor. You can access data such as listings, real-time pricing trends, Waukegan, IL market insights, guest information and booking details, seasonality trends and historical Waukegan, IL Airbnb performance data.

Your search for investment property begins and ends here

Airbnb For Sale in Waukegan, IL

1513 12th St

WAUKEGAN, IL

6 beds | 3 baths | 2,693 sq.ft.

$385,000

Airbnb cash on cash: 4.93%

Traditional cash on cash: 2.37%

Airbnb Rental Income: $3738

Traditional Rental Income: $2001

Airbnb ROI: 4.93%

Traditional ROI: 2.37%

127 N Victory St

WAUKEGAN, IL

4 beds | 2 baths | 1,872 sq.ft.

$335,000

Airbnb cash on cash: 4.59%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $3019

Traditional Rental Income: $2248

Airbnb ROI: 4.59%

Traditional ROI: 4.34%

1031 Glenwood Ave

WAUKEGAN, IL

4 beds | 1 baths | 1,930 sq.ft.

$250,000

Airbnb cash on cash: 6.35%

Traditional cash on cash: 5.76%

Airbnb Rental Income: $3019

Traditional Rental Income: $2187

Airbnb ROI: 6.35%

Traditional ROI: 5.76%

609 N Frolic Ave

WAUKEGAN, IL

2 beds | 1 baths | 652 sq.ft.

$199,700

Airbnb cash on cash: 5.31%

Traditional cash on cash: 4.45%

Airbnb Rental Income: $2037

Traditional Rental Income: $1346

Airbnb ROI: 5.31%

Traditional ROI: 4.45%

1504 W Glen Flora Ave

WAUKEGAN, IL

4 beds | 1 baths | 1,174 sq.ft.

$499,999

Airbnb cash on cash: 1.7%

Traditional cash on cash: 0.83%

Airbnb Rental Income: $3019

Traditional Rental Income: $1918

Airbnb ROI: 1.7%

Traditional ROI: 0.83%

547 S Martin Luther King Jr Avenue

WAUKEGAN, IL

5 beds | 2 baths | 1,722 sq.ft.

$249,200

Airbnb cash on cash: 9.35%

Traditional cash on cash: 7.55%

Airbnb Rental Income: $3738

Traditional Rental Income: $2504

Airbnb ROI: 9.35%

Traditional ROI: 7.55%

3027 Belvidere Rd

WAUKEGAN, IL

2 beds | N/A baths | 0 sq.ft.

$300,000

Airbnb cash on cash: 1.77%

Traditional cash on cash: -1.08%

Airbnb Rental Income: $2037

Traditional Rental Income: $705

Airbnb ROI: 1.77%

Traditional ROI: -1.08%

968 S Darla Ct

WAUKEGAN, IL

2 beds | 1 baths | 936 sq.ft.

$218,500

Airbnb cash on cash: 3.61%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $2037

Traditional Rental Income: $1466

Airbnb ROI: 3.61%