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.

Single Family Homes for Sale in Waukegan, IL

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

Showing 47 Single Family Residential 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
1745 N Frolic Avenue WAUKEGAN, IL Absolutely stunning and super spacious 6-bedroom, 3.1-bath home situated on a beautifully ...	4 beds \| 4 baths \| 2,300 sq.ft.	$360,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 5.92% Airbnb Rental Income: $2036 Traditional Rental Income: $3184 Airbnb ROI: 0.96% Traditional ROI: 5.92%
1636 Rice Street WAUKEGAN, IL Well-kept 3-bedroom, 1-bath home featuring a spacious combined living and dining area, per...	3 beds \| 1 baths \| 1,728 sq.ft.	$209,900	Airbnb cash on cash: 2.39% Traditional cash on cash: 5.64% Airbnb Rental Income: $1744 Traditional Rental Income: $1911 Airbnb ROI: 2.39% Traditional ROI: 5.64%
2324 S BONNIE BROOK LANE WAUKEGAN, IL Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 3 baths \| 2,739 sq.ft.	$421,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.37% Airbnb Rental Income: $1744 Traditional Rental Income: $3130 Airbnb ROI: -0.36% Traditional ROI: 4.37%
2613 N Lewis Avenue WAUKEGAN, IL Fully Renovated & Move-In Ready! Everything has been done for you-just unpack and enjoy! T...	3 beds \| 2 baths \| 1,728 sq.ft.	$229,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 7.39% Airbnb Rental Income: $1744 Traditional Rental Income: $2378 Airbnb ROI: 2.25% Traditional ROI: 7.39%
614 N County Street WAUKEGAN, IL Charming 2 bedroom 2 bath ranch nestled in a private location on a .33 acre lot. Huge livi...	2 beds \| 2 baths \| 2,480 sq.ft.	$204,888	Airbnb cash on cash: 3.57% Traditional cash on cash: 5.94% Airbnb Rental Income: $2017 Traditional Rental Income: $1953 Airbnb ROI: 3.57% Traditional ROI: 5.94%
702 Franklin Street WAUKEGAN, IL Nestled on a spacious corner lot, this Grand Victorian home. The interior and exterior hav...	4 beds \| 2 baths \| 2,614 sq.ft.	$280,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 6.47% Airbnb Rental Income: $2036 Traditional Rental Income: $2532 Airbnb ROI: 2.59% Traditional ROI: 6.47%
3411 N Lewis Avenue WAUKEGAN, IL Beautifully Renovated 4-bedroom home in Prime Location! Welcome to your dream home! This ...	2 beds \| 2 baths \| 2,092 sq.ft.	$354,900	Airbnb cash on cash: 0.99% Traditional cash on cash: 3.83% Airbnb Rental Income: $2017 Traditional Rental Income: $2439 Airbnb ROI: 0.99% Traditional ROI: 3.83%
2350 N Lewis Avenue WAUKEGAN, IL Custom built estate nestled on over 1 acre of land set back on Bonnie Brook 18-Hole Golf C...	5 beds \| 4 baths \| 3,800 sq.ft.	$414,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 8.37% Airbnb Rental Income: $2972 Traditional Rental Income: $4541 Airbnb ROI: 2.58% Traditional ROI: 8.37%
723 N COUNTY Street WAUKEGAN, IL 24hr notice tenants in both units. City of Waukegan has done its inspection on the propert...	5 beds \| 2 baths \| 3,870 sq.ft.	$259,000	Airbnb cash on cash: 5.14% Traditional cash on cash: 8.12% Airbnb Rental Income: $2972 Traditional Rental Income: $3018 Airbnb ROI: 5.14% Traditional ROI: 8.12%
12716 W Grandview Avenue WAUKEGAN, IL Welcome to this delightful 2-bedroom, 1-bathroom home that perfectly blends comfort and ch...	2 beds \| 1 baths \| 632 sq.ft.	$194,900	Airbnb cash on cash: 5.39% Traditional cash on cash: 5.94% Airbnb Rental Income: $2017 Traditional Rental Income: $1593 Airbnb ROI: 5.39% Traditional ROI: 5.94%
12698 W Grandview Avenue WAUKEGAN, IL This charming 3-bedroom, 1-bath home is full of potential and ideal for first-time buyers ...	3 beds \| 1 baths \| 1,131 sq.ft.	$224,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 5.9% Airbnb Rental Income: $1744 Traditional Rental Income: $1906 Airbnb ROI: 2.89% Traditional ROI: 5.9%
325 4th Street WAUKEGAN, IL STOP settling for cookie-cutter homes when you could own a piece of character-rich history...	3 beds \| 2 baths \| 1,524 sq.ft.	$310,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 5.46% Airbnb Rental Income: $1744 Traditional Rental Income: $2456 Airbnb ROI: 1.38% Traditional ROI: 5.46%
304 Powell Avenue WAUKEGAN, IL Updated With New Paint & Appliances. Situated On A Desirable Corner Lot, This Estate Sale ...	4 beds \| 1 baths \| 1,790 sq.ft.	$205,000	Airbnb cash on cash: 4.33% Traditional cash on cash: 6.34% Airbnb Rental Income: $2036 Traditional Rental Income: $1900 Airbnb ROI: 4.33% Traditional ROI: 6.34%
1425 N Mcaree Road WAUKEGAN, IL Charming 3-bedroom home recently built in 2018 with a fabulous open floor plan ! Upon entr...	3 beds \| 1 baths \| 2,550 sq.ft.	$248,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 5.02% Airbnb Rental Income: $1744 Traditional Rental Income: $2207 Airbnb ROI: 1.01% Traditional ROI: 5.02%
1335 Chestnut Street WAUKEGAN, IL Don't miss out on this charming brick Tudor home blending timeless character with fresh mo...	3 beds \| 2 baths \| 1,632 sq.ft.	$289,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.85% Airbnb Rental Income: $1744 Traditional Rental Income: $2492 Airbnb ROI: 1.34% Traditional ROI: 5.85%
1038 Indiana Avenue WAUKEGAN, IL MUST SEE Do not miss this beautiful home! Located in an up and coming neighborhood r...	3 beds \| 1 baths \| 1,300 sq.ft.	$236,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 5.35% Airbnb Rental Income: $1744 Traditional Rental Income: $1906 Airbnb ROI: 2.47% Traditional ROI: 5.35%

Your search for investment property begins and ends here

Single Family Homes for Sale in Waukegan, IL

1745 N Frolic Avenue

WAUKEGAN, IL

4 beds | 4 baths | 2,300 sq.ft.

$360,000

Airbnb cash on cash: 0.96%

Traditional cash on cash: 5.92%

Airbnb Rental Income: $2036

Traditional Rental Income: $3184

Airbnb ROI: 0.96%

Traditional ROI: 5.92%

1636 Rice Street

WAUKEGAN, IL

3 beds | 1 baths | 1,728 sq.ft.

$209,900

Airbnb cash on cash: 2.39%

Traditional cash on cash: 5.64%

Airbnb Rental Income: $1744

Traditional Rental Income: $1911

Airbnb ROI: 2.39%

Traditional ROI: 5.64%

2324 S BONNIE BROOK LANE

WAUKEGAN, IL

3 beds | 3 baths | 2,739 sq.ft.

$421,000

Airbnb cash on cash: -0.36%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $1744

Traditional Rental Income: $3130

Airbnb ROI: -0.36%

Traditional ROI: 4.37%

2613 N Lewis Avenue

WAUKEGAN, IL

3 beds | 2 baths | 1,728 sq.ft.

$229,000

Airbnb cash on cash: 2.25%

Traditional cash on cash: 7.39%

Airbnb Rental Income: $1744

Traditional Rental Income: $2378

Airbnb ROI: 2.25%

Traditional ROI: 7.39%

614 N County Street

WAUKEGAN, IL

2 beds | 2 baths | 2,480 sq.ft.

$204,888

Airbnb cash on cash: 3.57%

Traditional cash on cash: 5.94%

Airbnb Rental Income: $2017

Traditional Rental Income: $1953

Airbnb ROI: 3.57%

Traditional ROI: 5.94%

702 Franklin Street

WAUKEGAN, IL

4 beds | 2 baths | 2,614 sq.ft.

$280,000

Airbnb cash on cash: 2.59%

Traditional cash on cash: 6.47%

Airbnb Rental Income: $2036

Traditional Rental Income: $2532

Airbnb ROI: 2.59%

Traditional ROI: 6.47%

3411 N Lewis Avenue

WAUKEGAN, IL

2 beds | 2 baths | 2,092 sq.ft.

$354,900

Airbnb cash on cash: 0.99%

Traditional cash on cash: 3.83%

Airbnb Rental Income: $2017

Traditional Rental Income: $2439

Airbnb ROI: 0.99%

Traditional ROI: 3.83%

2350 N Lewis Avenue

WAUKEGAN, IL

5 beds | 4 baths | 3,800 sq.ft.

$414,900

Airbnb cash on cash: 2.58%

Traditional cash on cash: 8.37%

Airbnb Rental Income: $2972

Traditional Rental Income: $4541

Airbnb ROI: 2.58%