Cash-buyer and investment activity over the last 12 months.
Data last updated
In Waukegan (60085), investors own about 206 tracked properties across 42 active buyers, with a median investor purchase price near $85,000. 16 were acquired in the last 12 months.
60085 has 42 active cash buyers holding roughly 206 properties. Over the last 12 months they averaged under 0.4 purchases each, so the buyer pool is broad rather than concentrated: more names to work, with fewer deals riding on any single relationship.
Acquisition pace is cooling. Investors bought 16 properties in the last 12 months against roughly 71 the year before — down about 77%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
The median investor purchase lands near $85,000. The average of $156,000 sits well above that median, which means a tail of higher-priced deals is pulling the mean up — most activity is happening below the average, and pricing a deal off the median is the safer read.
The dominant play is value-add / rehab, at 92.6% of tracked activity. That favors sellers bringing renovation projects: the capital in this market is set up to take on work, not to avoid it.
The median investor-owned home was built around 1935. About 92.6% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.
Figures describe recorded investor purchases in this ZIP code and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.