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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
$ 380,000
ROI
26.3Cash Flow/m
688- 3 Bed
- 2 Bath
- 1581 sft
8920 Bennett Ave, Evanston, IL, 60203
$ 400,000
ROI
24.5Cash Flow/m
527- 3 Bed
- 2 Bath
- 1700 sft
215 Dodge Ave Unit F, Evanston, IL, 60202
$ 210,000
ROI
51.3Cash Flow/m
1845- 2 Bed
- 1 Bath
- 1000 sft
1585 Ridge Ave APT 705, Evanston, IL, 60201
Why Invest in Evanston, Illinois?
Investing in Evanston, IL, presents an opportunity to acquire properties under $500,000 in a thriving community. With a robust rental market, the average cash flow stands at $1,800, alongside a respectable appreciation rate of 4% annually. The area's mix of cultural attractions and proximity to Chicago enhances its appeal to renters and homeowners alike.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1800/mo
Avg. Cash Flow
$3000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Evanston, IL, stands at 6%, making it an attractive option for real estate investors looking for profitable rental properties.
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