Investment Properties Under $300K in Evanston, IL | Ziffy.ai
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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

Property at 2012 Dobson St, Evanston, IL
Fix & Flip
$ 199,900
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign176
  • 3 Bed
  • 2 Bath
  • 1174 sft
2012 Dobson St, Evanston, IL, 60202
Property at 602 Sheridan Rd APT 3E, Evanston, IL
$ 259,000
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign71
  • 1 Bed
  • 1 Bath
  • 1000 sft
602 Sheridan Rd APT 3E, Evanston, IL, 60202
Property at 2234 Central St APT 3, Evanston, IL
$ 280,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign391
  • 2 Bed
  • 1 Bath
  • 1002 sft
2234 Central St APT 3, Evanston, IL, 60201
Property at 2038 Sherman Ave APT 3A, Evanston, IL
Rental Income
$ 295,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign187
  • 2 Bed
  • 1 Bath
  • - sft
2038 Sherman Ave 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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