Real Estate Investment Properties for Sale in Waukegan, IL

Looking for investment property in Waukegan, IL with high ROI ?

Explore a variety of short-term homes & houses in Waukegan, IL. Invest wisely with VRBO & Waukegan, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Waukegan, IL

Search for Multi Family for Sale in Waukegan, Illinois. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 12 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
714 Glen Rock Ave WAUKEGAN, IL Money Maker!! 4 Unit. Priced to sell. All rented month to month. Great location. Great opp...	5 beds \| 4 baths \| N/A	$335,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 10.15% Airbnb Rental Income: $1689 Traditional Rental Income: $3960 Airbnb ROI: 1.44% Traditional ROI: 10.15%
918 N Ash St WAUKEGAN, IL GREAT INVESTMENT OPPORTUNITY. Two units in the heart of the city. This property features t...	4 beds \| 2 baths \| N/A	$295,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 4.86% Airbnb Rental Income: $1363 Traditional Rental Income: $2205 Airbnb ROI: 0.33% Traditional ROI: 4.86%
815 Prescott St WAUKEGAN, IL Completely remodeled 2 Flat! Tenant on second floor paying $795 a month. BEATIFUL new kitc...	5 beds \| 2 baths \| N/A	$309,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 5.75% Airbnb Rental Income: $1363 Traditional Rental Income: $2339 Airbnb ROI: 0.98% Traditional ROI: 5.75%
10-12 N Park Ave WAUKEGAN, IL Massive side to side DUPLEX. Over 10k worth of recent repairs/updates in the last couple o...	8 beds \| 4 baths \| N/A	$479,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 5.52% Airbnb Rental Income: $1363 Traditional Rental Income: $3839 Airbnb ROI: -0.93% Traditional ROI: 5.52%
1525 North Ave WAUKEGAN, IL Two-unit property for sale: occupy one unit and rent the other. Each unit features 2 spaci...	4 beds \| 2 baths \| N/A	$309,900	Airbnb cash on cash: 0.94% Traditional cash on cash: 4.88% Airbnb Rental Income: $1689 Traditional Rental Income: $2365 Airbnb ROI: 0.94% Traditional ROI: 4.88%
832 Lenox Ave WAUKEGAN, IL Solid 1920 two-unit building with strong layout and income potential. The first-floor unit...	4 beds \| 2 baths \| N/A	$250,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 7.09% Airbnb Rental Income: $1306 Traditional Rental Income: $2346 Airbnb ROI: 0.96% Traditional ROI: 7.09%
1000 Massena Ave WAUKEGAN, IL 1000 Massena Ave, WAUKEGAN, IL 60085 \| Multi Family	3 beds \| 2 baths \| N/A	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.22% Airbnb Rental Income: $null Traditional Rental Income: $1676 Airbnb ROI: N/A Traditional ROI: 3.22%
518 Chestnut St WAUKEGAN, IL 518 Chestnut St, WAUKEGAN, IL 60085 \| Multi Family	4 beds \| 2 baths \| N/A	$299,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 3.4% Airbnb Rental Income: $1363 Traditional Rental Income: $1962 Airbnb ROI: -0.21% Traditional ROI: 3.4%
1000 N Lewis Ave WAUKEGAN, IL 1000 N Lewis Ave, WAUKEGAN, IL 60085 \| Multi Family	4 beds \| 2 baths \| N/A	$275,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.16% Airbnb Rental Income: $1363 Traditional Rental Income: $2011 Airbnb ROI: 0.06% Traditional ROI: 4.16%
302 Cory Ave WAUKEGAN, IL 302 Cory Ave, WAUKEGAN, IL 60085 \| Multi Family	4 beds \| 2 baths \| N/A	$320,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 2.97% Airbnb Rental Income: $1363 Traditional Rental Income: $1963 Airbnb ROI: -0.4% Traditional ROI: 2.97%
214 Franklin Ave WAUKEGAN, IL 214 Franklin Ave, WAUKEGAN, IL 60085 \| Multi Family	4 beds \| 2 baths \| N/A	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $1985 Airbnb ROI: N/A Traditional ROI: 4.94%

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Multi Family for Sale in Waukegan, IL

714 Glen Rock Ave

WAUKEGAN, IL

5 beds | 4 baths | N/A

$335,000

Airbnb cash on cash: 1.44%

Traditional cash on cash: 10.15%

Airbnb Rental Income: $1689

Traditional Rental Income: $3960

Airbnb ROI: 1.44%

Traditional ROI: 10.15%

918 N Ash St

WAUKEGAN, IL

4 beds | 2 baths | N/A

$295,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $1363

Traditional Rental Income: $2205

Airbnb ROI: 0.33%

Traditional ROI: 4.86%

815 Prescott St

WAUKEGAN, IL

5 beds | 2 baths | N/A

$309,900

Airbnb cash on cash: 0.98%

Traditional cash on cash: 5.75%

Airbnb Rental Income: $1363

Traditional Rental Income: $2339

Airbnb ROI: 0.98%

Traditional ROI: 5.75%

10-12 N Park Ave

WAUKEGAN, IL

8 beds | 4 baths | N/A

$479,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $1363

Traditional Rental Income: $3839

Airbnb ROI: -0.93%

Traditional ROI: 5.52%

1525 North Ave

WAUKEGAN, IL

4 beds | 2 baths | N/A

$309,900

Airbnb cash on cash: 0.94%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $1689

Traditional Rental Income: $2365

Airbnb ROI: 0.94%

Traditional ROI: 4.88%

832 Lenox Ave

WAUKEGAN, IL

4 beds | 2 baths | N/A

$250,000

Airbnb cash on cash: 0.96%

Traditional cash on cash: 7.09%

Airbnb Rental Income: $1306

Traditional Rental Income: $2346

Airbnb ROI: 0.96%

Traditional ROI: 7.09%

1000 Massena Ave

WAUKEGAN, IL

3 beds | 2 baths | N/A

$259,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.22%

Airbnb Rental Income: $null

Traditional Rental Income: $1676

Airbnb ROI: N/A

Traditional ROI: 3.22%

518 Chestnut St

WAUKEGAN, IL

4 beds | 2 baths | N/A

$299,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $1363

Traditional Rental Income: $1962

Airbnb ROI: -0.21%