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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 3 days ago
$ 330,000
ROI
24.8
Cash Flow/m
461- 2 Bed
- 2 Bath
- - sft
926 Judson Ave APT 2W, Evanston, IL, 60202
Listed for sale 3 days ago
$ 898,000
ROI
22.0Cash Flow/m
465- 4 Bed
- 3 Bath
- 3188 sft
3029 Simpson St, Evanston, IL, 60201
Currently Rented
Rental Income
Listed for sale 3 days ago
$ 699,900
ROI
20.2Cash Flow/m
27- 7 Bed
- 4 Bath
- - sft
546 Dodge Ave, Evanston, IL, 60202
Listed for sale 3 days ago
$ 989,000
ROI
25.8Cash Flow/m
1556- 4 Bed
- 3 Bath
- 2484 sft
1319 Leonard Pl, Evanston, IL, 60201
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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