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
7.9%
Avg Cash on Cash
6.3%
Median Cashflow
$374/mo
Avg Rent Estimate
$3,827/mo
Avg Price
$300,600
Price Range
$245,000 - $377,800
Rent to Price
1.27%
strong ratio
Positive Cashflow
93%
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. 93% of analyzed properties generate positive monthly cashflow, with a median of $374/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 $374 with average furnished rent estimates of $3,827/month. These figures reflect real property data, not projections.
Waukegan, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $374/month indicates most investors cover expenses
- •7.9% median cap rate reflects a balanced risk-return profile
- •93% of analyzed properties cash-flow positive — high probability of finding a deal
- •Mid-to-upper tier market with properties from $245,000 to $377,800
- •Ideal for investors building a portfolio of income-producing properties