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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Evanston, IL
Fix & Flip
$ 199,900
ROI
22.9
Cash Flow/m
176- 3 Bed
- 2 Bath
- 1174 sft
2012 Dobson St, Evanston, IL, 60202
$ 189,000
ROI
22.4Cash Flow/m
137- 1 Bed
- 1 Bath
- 900 sft
848 Hinman Ave APT 3, Evanston, IL, 60202
$ 175,000
ROI
23.6Cash Flow/m
186- 2 Bed
- 1 Bath
- 1000 sft
328 Callan Ave APT 2S, Evanston, IL, 60202
Currently Rented
$ 200,000
ROI
22.1Cash Flow/m
131- 1 Bed
- 1 Bath
- 813 sft
1929 Sherman Ave APT 2W, Evanston, IL, 60201
Why Invest in Evanston, Illinois?
Evanston, IL, offers attractive opportunities for real estate investors, especially with properties under $200k. With a solid average rental yield of 6% and promising appreciation rates, this area is on the rise. The vibrant community, coupled with its proximity to Chicago, makes it an appealing choice for renters and investors alike.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Evanston currently stands at around $1,200 per month, making it a competitive market for both renters and investors.
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