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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

Fix & Flip
Listed for sale today
$ 369,000
ROI
35.1
Cash Flow/m
1575- 4 Bed
- 2 Bath
- - sft
1819 Hartrey Ave, Evanston, IL, 60201

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
23.6
Cash Flow/m
186- 2 Bed
- 1 Bath
- 1000 sft
328 Callan Ave APT 2S, Evanston, IL, 60202

Listed for sale 4 days ago
$ 999,999
ROI
21.2
Cash Flow/m
309- 4 Bed
- 3 Bath
- 2039 sft
2509 Pioneer Rd, 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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