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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
Fix & Flip
Listed for sale today
$ 369,000
ROI
35.1
Cash Flow/m
1575- 4 Bed
- 2 Bath
- - sft
1819 Hartrey Ave, Evanston, IL, 60201
Listed for sale 1 day ago
$ 279,000
ROI
20.4Cash 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
23.6Cash Flow/m
186- 2 Bed
- 1 Bath
- 1000 sft
328 Callan Ave APT 2S, Evanston, IL, 60202
Listed for sale 6 days ago
$ 390,000
ROI
21.4Cash Flow/m
175- 3 Bed
- 3 Bath
- 1606 sft
1315 McDaniel Ave APT C, 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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