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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Evanston, IL
Listed for sale 2 days ago
$ 450,000
ROI
20.7
Cash Flow/m
114- 3 Bed
- 2 Bath
- 1350 sft
824 Hinman Ave APT 3N, Evanston, IL, 60202
Listed for sale 4 days ago
$ 275,000
ROI
23.9Cash Flow/m
319- 2 Bed
- 1 Bath
- - sft
2018 Sherman Ave APT 1W, Evanston, IL, 60201
$ 495,000
ROI
20.2Cash Flow/m
58- 3 Bed
- 2 Bath
- 1700 sft
608 Hinman Ave APT 2S, Evanston, IL, 60202
$ 249,900
ROI
25.5Cash Flow/m
399- 2 Bed
- 1 Bath
- 913 sft
136 Clyde Ave APT 2S, Evanston, IL, 60202
Why Invest in Evanston, Illinois?
Investing in Evanston condos offers a unique opportunity given the location's vibrant community and proximity to Chicago. With an average rental yield of 5.5% and a favorable cap rate of 6%, investors can expect solid returns with stable cash flow. The city's rich cultural scene and excellent educational institutions further enhance its appeal for renters and buyers alike.
8%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Yes, several new housing projects are slated for the upcoming year, focusing on mixed-use developments that include residential and retail spaces.
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