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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

$ 230,000
ROI
31.6
Cash Flow/m
757- 2 Bed
- 1 Bath
- 950 sft
146 Clyde Ave APT 2W, Evanston, IL, 60202

$ 210,000
ROI
51.3
Cash Flow/m
1845- 2 Bed
- 1 Bath
- 1000 sft
1585 Ridge Ave APT 705, Evanston, IL, 60201

$ 279,900
ROI
21.0
Cash Flow/m
95- 1 Bed
- 1 Bath
- 895 sft
807 Church St APT 211, Evanston, IL, 60201

$ 275,000
ROI
22.5
Cash Flow/m
206- 2 Bed
- 1 Bath
- 922 sft
2246 Sherman Ave APT 1, 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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