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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
Listed for sale today
$ 350,000
ROI
24.4
Cash Flow/m
452- 2 Bed
- 2 Bath
- 1157 sft
1907 Grant St #A, Evanston, IL, 60201
Fix & Flip
Listed for sale today
$ 399,000
ROI
20.7Cash Flow/m
105- 3 Bed
- 2 Bath
- 1246 sft
9120 E Prairie Rd, Evanston, IL, 60203
Listed for sale 2 days ago
$ 450,000
ROI
20.7Cash Flow/m
114- 3 Bed
- 2 Bath
- 1350 sft
824 Hinman Ave APT 3N, Evanston, IL, 60202
Listed for sale 4 days ago
$ 275,000
ROI
23.9Cash Flow/m
319- 2 Bed
- 1 Bath
- - sft
2018 Sherman Ave APT 1W, 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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