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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 3 days ago
$ 330,000
ROI
24.8
Cash Flow/m
461- 2 Bed
- 2 Bath
- - sft
926 Judson Ave APT 2W, Evanston, IL, 60202
Listed for sale 3 days ago
$ 495,000
ROI
20.1Cash Flow/m
47- 3 Bed
- 2 Bath
- 1486 sft
927 Hinman Ave APT 2S, Evanston, IL, 60202
Listed for sale 4 days ago
$ 435,000
ROI
20.1Cash Flow/m
42- 3 Bed
- 3 Bath
- 1800 sft
606 South Blvd #D, Evanston, IL, 60202
Listed for sale 5 days ago
$ 429,999
ROI
28.2Cash Flow/m
1011- 3 Bed
- 2 Bath
- 1329 sft
1604 Dobson St, Evanston, IL, 60202
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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