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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 1 day ago
$ 279,000
ROI
20.4
Cash Flow/m
48- 2 Bed
- 1 Bath
- 1000 sft
726 Hinman Ave APT 2E, Evanston, IL, 60202
Listed for sale 1 day ago
$ 175,000
ROI
23.6Cash Flow/m
186- 2 Bed
- 1 Bath
- 1000 sft
328 Callan Ave APT 2S, Evanston, IL, 60202
Listed for sale 6 days ago
$ 259,900
ROI
24.7Cash Flow/m
356- 2 Bed
- 1 Bath
- 800 sft
134 Clyde Ave APT 3W, Evanston, IL, 60202
Listed for sale 7 days ago
$ 325,000
ROI
23.7Cash Flow/m
353- 3 Bed
- 2 Bath
- - sft
720 Oakton St APT 3B, 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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