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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Evanston, IL
Listed for sale today
$ 549,000
ROI
22.7
Cash Flow/m
392- 3 Bed
- 3 Bath
- 1717 sft
9001 E Prairie Rd, Evanston, IL, 60203
Listed for sale 7 days ago
$ 700,000
ROI
32.5Cash Flow/m
2390- 5 Bed
- 3 Bath
- - sft
1025 Garnett Pl, Evanston, IL, 60201
Currently Rented
Listed for sale 7 days ago
$ 799,000
ROI
27.8Cash Flow/m
1704- 7 Bed
- 3 Bath
- 1480 sft
1235 Leon Pl, Evanston, IL, 60201
$ 230,000
ROI
31.6Cash Flow/m
757- 2 Bed
- 1 Bath
- 950 sft
146 Clyde Ave APT 2W, Evanston, IL, 60202
Why Invest in Evanston, Illinois?
Investing in Evanston, IL, promises attractive opportunities for those seeking high rental yield properties. The area boasts a rental yield of approximately 8%, driven by strong demand and a vibrant rental market, particularly for multifamily units. With a growing population and stable job market, Evanston is a prime location for savvy real estate investors looking to capitalize on consistent cash flow.
12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$1500/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Evanston offers a high rental yield of 8% and a stable job market supported by major employers like Northwestern University. The combination of strong demand, low vacancy rates, and growing rental rates makes it a compelling choice for investors.
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