Real Estate Investment Map of Waukegan, Illinois

Local Market Intelligence

Real Estate Investment Analysis for Waukegan, Illinois

Don't use national averages for local deals. Analyze Waukegan properties with accurate county tax rates, vacancy benchmarks, and appreciation trends built-in.

Waukegan Market At-A-Glance

Snapshot the metrics investors scan first when underwriting deals in Waukegan.

Updated Weekly

Avg. Property Tax

1.1%

vs National Avg 1.1%

Vacancy Rate

6.5%

Stable

Median Rent

$1,600

+2% YoY

Price-to-Rent

17.0

Balanced Market
Major employers: Healthcare, ServicesVerdict: Buy & Hold

Stop Using Spreadsheets for Waukegan Deals

Local tax codes and insurance rates in Illinois are complex. REIanalyze auto-fills specific Local County data so you don't underestimate expenses.

Auto-populated tax rates
Vacancy and rent benchmarks
County-level insurance assumptions
Cash flow stress testing

Why Investors Switch

Local data beats national averages.

Waukegan investors save hours per deal by using pre-filled assumptions tailored to Local County.

  • Real-time rental comps with vacancy guardrails.
  • Instant cap rate and cash-on-cash projections.
  • Stress-tested exit strategies for Illinois markets.
Start Analyzing Waukegan

Explore Other Illinois Markets

Navigate between nearby markets to compare yields and investment strategies.

Waukegan Investor FAQs

Is Waukegan good for real estate investing?

Waukegan shows balanced market conditions with median rents around $1,600. Use deal-level underwriting to confirm cash flow after taxes and insurance.

What is the average property tax rate in Waukegan?

Average property taxes run about 1.1% in Waukegan, which is above the national benchmark.

How does REIanalyze help with Waukegan deals?

REIanalyze pre-fills Local County tax assumptions, rent benchmarks, and vacancy rates so you can underwrite Waukegan properties faster than spreadsheets.