Waukegan, IL Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Waukegan, IL. Based on 10+ datapoints.
Waukegan, IL Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
8.6%
Avg Cash on Cash
6.4%
Median Cashflow
$443/mo
Avg Rent Estimate
$3,923/mo
Avg Price
$294,200
Price Range
$216,700 - $377,800
Rent to Price
1.33%
strong ratio
Positive Cashflow
85%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Waukegan, IL
Waukegan, IL delivers consistent cashflow for mid-term rental investors. 85% of analyzed properties generate positive monthly cashflow, with a median of $443/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 10+ analyzed properties, Waukegan, IL mid-term rental investments show a median monthly cashflow of $443 with average furnished rent estimates of $3,923/month. These figures reflect real property data, not projections.
1334 S Pleasant Hill Gate, Waukegan, IL 60085
Price
$373,600
Rent
$4,052
CachFlow
-$209
CoC
-2.6
Waukegan, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $443/month indicates most investors cover expenses
- •8.6% median cap rate places Waukegan, IL among higher-yielding markets nationwide
- •85% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $216,700 to $377,800
- •Ideal for investors building a portfolio of income-producing properties