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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
Listed for sale 1 day ago
$ 175,000
ROI
22.8
Cash Flow/m
148- 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
Fix & Flip
$ 175,000
ROI
22.9Cash Flow/m
151- 2 Bed
- 1 Bath
- 1000 sft
340 Ridge Ave APT 1, Evanston, IL, 60202
$ 165,500
ROI
24.9Cash Flow/m
238- 1 Bed
- 1 Bath
- 650 sft
507 Judson Ave APT 2D, Evanston, IL, 60202
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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