Evanston Investment Analysis
Investment Property in Evanston, IL
Evanston, IL Real Estate Investment Performance
$ 432,500
Median
2,008
Avg/Sq.ft.
3.00%
Traditional
4.00%
Airbnb
80
Investment
1,417
Airbnb
223
Traditional
66%
Airbnb occupancy rate
Evanston, IL Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Evanston, IL
$192,400
MLS 11884591
Condo/Coop
CAP RATE
Trad.
4.86%
Airbnb
9.82%
$415,000
MLS 11834005
Single Family Residential
CAP RATE
Trad.
5.59%
Airbnb
9.29%
$229,900
MLS 11870115
Single Family Residential
CAP RATE
Trad.
5.66%
Airbnb
9.02%
$165,900
MLS 11880105
Single Family Residential
CAP RATE
Trad.
4.50%
Airbnb
7.53%
$159,900
MLS 11868104
Single Family Residential
CAP RATE
Trad.
4.44%
Airbnb
7.49%
$289,000
MLS 11848954
Single Family Residential
CAP RATE
Trad.
4.69%
Airbnb
7.16%
$225,000
MLS 11854642
Single Family Residential
CAP RATE
Trad.
5.27%
Airbnb
7.06%
$274,900
MLS 11705885
Single Family Residential
CAP RATE
Trad.
5.57%
Airbnb
6.60%
Single Family Houses for Sale in Evanston, IL
$415,000
MLS 11834005
Single Family Residential
CAP RATE
Trad.
5.59%
Airbnb
9.29%
$229,900
MLS 11870115
Single Family Residential
CAP RATE
Trad.
5.66%
Airbnb
9.02%
$165,900
MLS 11880105
Single Family Residential
CAP RATE
Trad.
4.50%
Airbnb
7.53%
$159,900
MLS 11868104
Single Family Residential
CAP RATE
Trad.
4.44%
Airbnb
7.49%
$289,000
MLS 11848954
Single Family Residential
CAP RATE
Trad.
4.69%
Airbnb
7.16%
$225,000
MLS 11854642
Single Family Residential
CAP RATE
Trad.
5.27%
Airbnb
7.06%
$274,900
MLS 11705885
Single Family Residential
CAP RATE
Trad.
5.57%
Airbnb
6.60%
$339,900
MLS 11818689
Single Family Residential
CAP RATE
Trad.
7.50%
Airbnb
6.55%
Multi Family Houses for sale in Evanston, IL
$339,900
MLS 11792179
Multi Family
CAP RATE
Trad.
4.76%
Airbnb
N/A
$350,000
MLS 11647541
Multi Family
CAP RATE
Trad.
4.54%
Airbnb
N/A
$430,000
MLS 11853696
Multi Family
CAP RATE
Trad.
2.45%
Airbnb
N/A
$1,399,000
MLS 11888970
Multi Family
CAP RATE
Trad.
-0.26%
Airbnb
N/A
Top Evanston, IL Neighborhoods - Real Estate Market Analysis
West Side
$299,950
Median for city
6.64%
Traditional
6.03%
Airbnb
$ 2,774
Traditional
$ 3,124
Airbnb
52%
Airbnb occupancy rate
Noyes and Foster
$299,950
Median for city
3.41%
Traditional
5.91%
Airbnb
$ 2,274
Traditional
$ 3,163
Airbnb
51%
Airbnb occupancy rate
Main-Chicago
$299,950
Median for city
2.89%
Traditional
2.68%
Airbnb
$ 1,804
Traditional
$ 2,567
Airbnb
47%
Airbnb occupancy rate
Hill Arts District
$299,950
Median for city
3.72%
Traditional
3.88%
Airbnb
$ 2,154
Traditional
$ 3,180
Airbnb
52%
Airbnb occupancy rate
Downtown
$299,950
Median for city
3.58%
Traditional
1.47%
Airbnb
$ 2,956
Traditional
$ 3,038
Airbnb
50%
Airbnb occupancy rate
West Village
$299,950
Median for city
3.58%
Traditional
3.18%
Airbnb
$ 2,367
Traditional
$ 3,061
Airbnb
50%
Airbnb occupancy rate
Howard Street
$299,950
Median for city
1.92%
Traditional
3.44%
Airbnb
$ 1,853
Traditional
$ 2,236
Airbnb
49%
Airbnb occupancy rate
West End
$299,950
Median for city
1.88%
Traditional
3.05%
Airbnb
$ 1,925
Traditional
$ 3,073
Airbnb
51%
Airbnb occupancy rate
Southwest
$299,950
Median for city
8.83%
Traditional
7.76%
Airbnb
$ 2,068
Traditional
$ 2,811
Airbnb
55%
Airbnb occupancy rate
Chicago-Dempster
$299,950
Median for city
1.30%
Traditional
2.40%
Airbnb
$ 2,092
Traditional
$ 2,990
Airbnb
49%
Airbnb occupancy rate
Popular Blog Posts
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Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Evanston, IL
$95 per night
Airbnb occupancy rate 37%
Condominium 3 · 1 · 7
Rental Income: $1,074 per month
520
$163 per night
Airbnb occupancy rate 88%
Apartment 3 · 1 · 6
Rental Income: $4,401 per month
361
$99 per night
Airbnb occupancy rate 83%
Apartment 1 · 1 · 4
Rental Income: $2,505 per month
322
$89 per night
Airbnb occupancy rate 64%
Guest suite 1 · 1 · 4
Rental Income: $1,736 per month
312
$178 per night
Airbnb occupancy rate 62%
Apartment 2 · 1 · 4
Rental Income: $3,382 per month
255
$134 per night
Airbnb occupancy rate 70%
Apartment 2 · 1 · 6
Rental Income: $2,881 per month
244
$158 per night
Airbnb occupancy rate 84%
Apartment 3 · 1 · 6
Rental Income: $4,076 per month
243
$108 per night
Airbnb occupancy rate 75%
Apartment 3 · 2 · 7
Rental Income: $2,473 per month
242
Real Estate Investment Analysis - Other Cities in illinois
| City Name | Property price | Cash on cash return | Rental Income | No. of Properties | Airbnb Occupancy Rate | ||
|---|---|---|---|---|---|---|---|
| Median | traditional | Airbnb | traditional | Airbnb | |||
| Naperville | $560,000 | 3% | 6% | $3,226 | $5,334 | 295 | 79% |
| Springfield | $173,750 | 7% | 11% | $1,734 | $2,807 | 118 | 73% |
| Streamwood | $289,900 | 4% | 8% | $2,159 | $4,411 | 51 | 72% |
| Oswego | $456,395 | 3% | 4% | $2,662 | $3,883 | 94 | 71% |
| SKOKIE | $367,000 | 4% | 5% | $2,511 | $4,052 | 50 | 71% |
| WHEELING | $279,900 | 5% | 6% | $2,256 | $3,466 | 24 | 71% |
| HOFFMAN ESTATES | $339,900 | 4% | 5% | $2,577 | $4,345 | 50 | 70% |
| Alton | $134,950 | 6% | 18% | $1,129 | $3,435 | 74 | 69% |
| ELMWOOD PARK | $384,900 | 4% | 6% | $2,504 | $3,701 | 49 | 68% |
| LAKE IN THE HILLS | $312,500 | 4% | 6% | $2,241 | $3,347 | 32 | 68% |
| WADSWORTH | $529,000 | 3% | 4% | $3,363 | $5,806 | 15 | 67% |
| Alsip | $249,999 | 5% | 7% | $2,058 | $3,341 | 21 | 66% |
| WOOD DALE | $325,000 | 4% | 11% | $2,320 | $5,284 | 19 | 66% |
| Carol Stream | $339,777 | 4% | 8% | $2,363 | $4,572 | 37 | 66% |
| Vandalia | $144,950 | 11% | 9% | $1,794 | $2,097 | 10 | 65% |
| Machesney Park | $199,900 | 6% | 7% | $1,637 | $2,126 | 53 | 65% |
| BENSENVILLE | $365,000 | 4% | 8% | $2,251 | $4,564 | 13 | 65% |
| Bellwood | $259,750 | 3% | 8% | $1,768 | $3,736 | 26 | 65% |
| Arlington Heights | $349,950 | 4% | 4% | $2,553 | $4,060 | 66 | 65% |
| Flossmoor | $379,000 | 4% | 5% | $2,766 | $4,070 | 21 | 63% |
Vacation Rentals for Sale in illinois
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