Under $500K Investment Properties for Sale in Evanston, IL
Listed for sale today
$ 289,000
ROI
22.4
Cash Flow/m
213- 2 Bed
- 1 Bath
- 1026 sft
2300 Central St APT 3, Evanston, IL, 60201
Listed for sale 4 days ago
$ 430,000
ROI
27.8Cash Flow/m
963- 3 Bed
- 1 Bath
- 1145 sft
2124 Seward St, Evanston, IL, 60202
Listed for sale 4 days ago
$ 299,000
ROI
21.0Cash Flow/m
106- 2 Bed
- 1 Bath
- 1000 sft
616 Michigan Ave APT G, Evanston, IL, 60202
Fix & Flip
Listed for sale 5 days ago
$ 450,000
ROI
21.8Cash Flow/m
254- 6 Bed
- 2 Bath
- - sft
1833 Hartrey Ave, 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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