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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 4 days ago
$ 435,000
ROI
20.1
Cash Flow/m
42- 3 Bed
- 3 Bath
- 1800 sft
606 South Blvd #D, Evanston, IL, 60202
$ 625,000
ROI
26.5Cash Flow/m
1106- 3 Bed
- 3 Bath
- 1899 sft
2656 Broadway Ave, Evanston, IL, 60201
$ 665,000
ROI
23.0Cash Flow/m
540- 3 Bed
- 3 Bath
- 2700 sft
529 Chicago Ave #A, Evanston, IL, 60202
Fix & Flip
$ 279,000
ROI
22.1Cash Flow/m
182- 2 Bed
- 1 Bath
- 1140 sft
710 Dodge Ave, Evanston, IL, 60202
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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