Cash-buyer and investment activity over the last 12 months.
Data last updated
In Waukegan (60087), investors own about 54 tracked properties across 15 active buyers, with a median investor purchase price near $100,000. 12 were acquired in the last 12 months.
60087 has 15 active cash buyers holding roughly 54 properties. Over the last 12 months they averaged under 0.8 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 accelerating. Investors bought 12 properties in the last 12 months against roughly 6 the year before — up about 100%. Competition for contracts is rising, and buyers who were quiet a year ago are active again.
The median investor purchase lands near $100,000. The average of $138,000 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 97.1% 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 1957. About 97.1% 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.