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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Evanston, IL
Listed for sale 6 days ago
$ 390,000
ROI
21.4
Cash Flow/m
175- 3 Bed
- 3 Bath
- 1606 sft
1315 McDaniel Ave APT C, Evanston, IL, 60201
$ 360,000
ROI
23.6Cash Flow/m
383- 3 Bed
- 2 Bath
- - sft
2774 Crawford Ave, Evanston, IL, 60201
Fix & Flip
$ 375,000
ROI
21.9Cash Flow/m
224- 4 Bed
- 2 Bath
- 1890 sft
1321 Pitner Ave #A, Evanston, IL, 60201
$ 399,900
ROI
20.7Cash Flow/m
106- 2 Bed
- 2 Bath
- - sft
3314 Central St #A, Evanston, IL, 60201
Why Invest in Evanston, Illinois?
Investing in a townhouse in Evanston, IL is a sound choice given its strong rental market and appealing community amenities. With an average rental yield of 6% and a consistent appreciation rate of 4% over the last five years, it's a location ripe for investment. Moreover, Evanston's vacancy rate sits at a low 3%, ensuring stable cash flow for investors.
10%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for a townhouse in Evanston is around $2,500 per month, making it a competitive market for investors.
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