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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 1 day ago
$ 279,000
ROI
20.4
Cash Flow/m
48- 2 Bed
- 1 Bath
- 1000 sft
726 Hinman Ave APT 2E, Evanston, IL, 60202

Listed for sale 1 day ago
$ 175,000
ROI
23.6
Cash Flow/m
186- 2 Bed
- 1 Bath
- 1000 sft
328 Callan Ave APT 2S, Evanston, IL, 60202

Listed for sale 6 days ago
$ 259,900
ROI
24.7
Cash Flow/m
356- 2 Bed
- 1 Bath
- 800 sft
134 Clyde Ave APT 3W, Evanston, IL, 60202

$ 275,000
ROI
21.9
Cash Flow/m
164- 2 Bed
- 2 Bath
- 1400 sft
2726 Central St APT 3A, Evanston, IL, 60201
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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