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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family 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
Currently Rented
Fix & Flip
$ 499,000
ROI
22.9Cash Flow/m
431- 4 Bed
- 3 Bath
- - sft
1521 Lake St, Evanston, IL, 60201
Currently Rented
$ 449,000
ROI
20.1Cash Flow/m
39- 4 Bed
- 2 Bath
- - sft
1213 Darrow Ave, Evanston, IL, 60202
Fix & Flip
$ 850,000
ROI
25.9Cash Flow/m
1350- 9 Bed
- 3 Bath
- - sft
2043 Asbury Ave, Evanston, IL, 60201
Why Invest in Evanston, Illinois?
Investing in multifamily properties in Evanston offers a unique opportunity for real estate investors. With an average rental yield of 6.5% and a cap rate of 7%, this location is attracting both seasoned and new investors. The steady increase in average rent and a high renter-occupied rate signify a strong demand for rental properties.
10%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily properties in Evanston is approximately $2,200 per month, making it a competitive market for investors.
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