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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Evanston, IL

Listed for sale 4 days ago
$ 275,000
ROI
23.9
Cash Flow/m
319- 2 Bed
- 1 Bath
- - sft
2018 Sherman Ave APT 1W, Evanston, IL, 60201

$ 249,900
ROI
25.5
Cash Flow/m
399- 2 Bed
- 1 Bath
- 913 sft
136 Clyde Ave APT 2S, Evanston, IL, 60202

$ 190,000
ROI
23.9
Cash Flow/m
218- 1 Bed
- 1 Bath
- 860 sft
710 Oakton St APT 201, Evanston, IL, 60202

$ 250,000
ROI
22.8
Cash Flow/m
214- 2 Bed
- 1 Bath
- 900 sft
101 Ashland Ave APT 3S, Evanston, IL, 60202
Why Invest in Evanston, Illinois?
Considering investment opportunities in Evanston, IL, particularly properties under $300k, can provide significant returns. This area benefits from strong rental demand, with a growing population and a rental yield that appeals to both new and seasoned investors. The proximity to Chicago enhances the appeal, ensuring steady cash flow and appreciation potential.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties under $300k in Evanston is approximately $1,800 per month, making it a competitive market for investors.
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