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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
$ 350,000
ROI
24.4
Cash Flow/m
452- 2 Bed
- 2 Bath
- 1157 sft
1907 Grant St #A, Evanston, IL, 60201
Fix & Flip
Listed for sale today
$ 399,000
ROI
20.7Cash Flow/m
105- 3 Bed
- 2 Bath
- 1246 sft
9120 E Prairie Rd, Evanston, IL, 60203
Listed for sale 2 days ago
$ 845,000
ROI
26.0Cash Flow/m
1385- 4 Bed
- 3 Bath
- 1993 sft
2149 Hartrey Ave, Evanston, IL, 60201
Listed for sale 2 days ago
$ 450,000
ROI
20.7Cash Flow/m
114- 3 Bed
- 2 Bath
- 1350 sft
824 Hinman Ave APT 3N, 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.
Find Your Perfect Investment Property in Evanston, Illinois
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