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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Evanston, IL
$ 380,000
ROI
26.3
Cash Flow/m
688- 3 Bed
- 2 Bath
- 1581 sft
8920 Bennett Ave, Evanston, IL, 60203
$ 400,000
ROI
24.5Cash Flow/m
527- 3 Bed
- 2 Bath
- 1700 sft
215 Dodge Ave Unit F, Evanston, IL, 60202
$ 425,000
ROI
28.5Cash Flow/m
1032- 3 Bed
- 3 Bath
- 1272 sft
(Undisclosed Address), Evanston, IL, 60203
$ 389,000
ROI
20.3Cash Flow/m
62- 2 Bed
- 2 Bath
- 1100 sft
208 South Blvd Unit D, 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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