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    Evanston, IL
    Residential Income

    Evanston, IL Residential Income Properties for Sale

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    Duplex-Down Residential Income Property
    Updated: Sep 11
    Duplex-Down Residential Income Property

    1112 Church Street Unit: 1W, Evanston, IL 60201

    $739,000
    2,450 sqft
    Approximately 2,450 square feet with 3 bedrooms and 3.5 baths
    Duplex‑down layout includes a family room, bonus room, and two lower‑level bedrooms
    Main‑level suite has two fitted walk‑in closets and a private bath
    Kitchen features Wolf range cooktop, Jenn‑Air refrigerator, new dishwasher, pantry, and breakfast bar
    Deeded detached garage parking includes additional storage
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    Four-Unit Quadplex with Garage
    Updated: Oct 1
    Four-Unit Quadplex with Garage

    131 CALLAN Avenue, Evanston, IL 60202

    $995,000
    Four one‑bedroom units, each spanning three levels
    Open lower‑level layouts offer potential to add a second bedroom to each unit
    Four‑car garage
    Multiple patio areas
    Built in 1955
    View details
    Multifamily Apartment Property
    Multifamily Apartment Property

    1228 Oak Ave, Evanston, IL 60202

    $880,000

    Apartments offer varied layouts across three floors, with most interiors renovated or improved within the past two years.

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    See hot listings in Evanston

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Other Multifamily Property
    Other Multifamily Property

    1703 Darrow Ave, Evanston, IL 60201

    $3,750,000

    For sale other multifamily asset with stabilized income and recent significant capital expenditures noted in remarks.

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    Two-Unit Duplex
    Two-Unit Duplex

    1833 Hartrey Ave, Evanston, IL 60201

    $450,000

    Each residence has three bedrooms and one bathroom.

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    Two-Unit Duplex with Parking
    Two-Unit Duplex with Parking

    1213 Darrow Avenue, Evanston, IL 60202

    $449,000

    Flexible multi-unit property with hardwood interiors, shared laundry, and uncovered parking near shopping, dining, parks, schools, and transit.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Evanston Triplex with Garage Parking
    Evanston Triplex with Garage Parking

    1029 Garnett Place, Evanston, IL 60201

    Contact for pricing
    3,545 sqft 0.40 AC lot

    Two-story triplex in Evanston with convenient access to transportation.

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    Duplex with Lower-Level Guest Space
    Duplex with Lower-Level Guest Space

    2611 Walnut Avenue, Evanston, IL 60201

    Contact for pricing

    Two separate units and a lower level with a kitchen, bath, and separate entrance.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Evanston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brick Duplex with Attached Garage
    Brick Duplex with Attached Garage

    3354 Madison Street, Skokie, IL 60076

    $439,000
    2,200 sqft

    The property includes an attached two-car garage and a lower-level family room with an additional bedroom.

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    Renovated Two-Bedroom 6-Flat Pair
    Renovated Two-Bedroom 6-Flat Pair

    7520 North Ridge Boulevard, Chicago, IL 60645

    $1,840,000

    Two adjacent six-flat buildings with two-bedroom, one-bath units, and more than 75% renovated with updated kitchens and baths.

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    Brick Two-Unit Apartment Building
    Brick Two-Unit Apartment Building

    4625 Main Street, Skokie, IL 60076

    Contact for pricing

    Brick rental property with occupied apartments, tandem parking, and leases extending through May 2027.

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    Rogers Park Multifamily Investment Opportunity
    Rogers Park Multifamily Investment Opportunity

    1950 W fargo Avenue, Chicago, IL 60626

    $1,000,000

    Six condos sold together, new roof, rehab potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Lot in Evanston Neighborhood
    Vacant Lot in Evanston Neighborhood

    1832 Hovland Court, Evanston, IL 60201

    $110,000

    Vacant lot in desirable Evanston neighborhood, perfect for custom build.

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    Evanston TOD Development Site
    Evanston TOD Development Site

    609 Dempster Street, Evanston, IL 60201

    Contact for pricing
    12,113 sqft 0.50 AC lot

    Half-acre commercial land suitable for transit-oriented development.

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    Morton Grove Residential Lot
    Morton Grove Residential Lot

    5804 Madison Street, Morton Grove, IL 60053

    $379,000
    0.14 AC lot

    6200 sq ft lot with existing house.

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    Northfield Land For Sale
    Northfield Land For Sale

    118 Dickens Road, Northfield, IL 60093

    $1,390,000
    1.36 AC lot

    1.36 acre commercial land available in Northfield, Illinois.

    View details

    Off-Market Properties in Evanston, IL

    Consider similar Off-Market properties in Evanston, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1317 Brummel St
    APARTMENT HOUSE (5+ UNITS)

    1317 Brummel St, Evanston, IL 60202-4803

    Estimated value:
    $1,265,000
    8,067 sqft 0.19 AC lot
    View details
    1425 Dobson St
    GARDEN APT, COURT APT (5+ UNITS)

    1425 Dobson St, Evanston, IL 60202-3798

    Estimated value:
    $1,450,000
    0.10 AC lot
    View details
    1301 Brummel St
    GARDEN APT, COURT APT (5+ UNITS)

    1301 Brummel St, Evanston, IL 60202-3741

    Estimated value:
    $1,450,000
    0.07 AC lot
    View details
    1301 Asbury Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1301 Asbury Ave, Evanston, IL 60201

    Estimated value:
    $1,450,000
    0.07 AC lot
    View details
    1118 Darrow Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1118 Darrow Ave, Evanston, IL 60202-1112

    Estimated value:
    $535,000
    1,658 sqft 0.11 AC lot
    View details
    3048 Central St
    APARTMENT HOUSE (UNDER 5 UNITS)

    3048 Central St, Evanston, IL 60201-1167

    Estimated value:
    $670,000
    2,304 sqft 0.10 AC lot
    View details
    1221 Darrow Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1221 Darrow Ave, Evanston, IL 60202-1113

    Estimated value:
    $285,000
    2,336 sqft 0.12 AC lot
    View details
    1132 Darrow Ave, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    1132 Darrow Ave, Evanston, IL 60202-1112

    Unit 1
    Estimated value:
    $480,000
    1,920 sqft 0.15 AC lot
    View details
    2009 Jackson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    2009 Jackson Ave, Evanston, IL 60201-3539

    Estimated value:
    $365,000
    2,348 sqft 0.13 AC lot
    View details
    1705 Dempster St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1705 Dempster St, Evanston, IL 60201-4096

    Estimated value:
    $630,000
    2,608 sqft 0.15 AC lot
    View details
    1818 Dodge Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1818 Dodge Ave, Evanston, IL 60201-3430

    Estimated value:
    $190,000
    1,584 sqft 0.07 AC lot
    View details
    1206 Dewey Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1206 Dewey Ave, Evanston, IL 60202-1123

    Estimated value:
    $585,000
    2,302 sqft 0.12 AC lot
    View details
    2755 Eastwood Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    2755 Eastwood Ave, Evanston, IL 60201-1524

    Estimated value:
    $690,000
    3,368 sqft 0.24 AC lot
    View details
    400 Custer Ave, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    400 Custer Ave, Evanston, IL 60202-2919

    Unit 1
    Estimated value:
    $440,000
    2,579 sqft 0.09 AC lot
    View details
    1817 Lyons St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1817 Lyons St, Evanston, IL 60201-3445

    Estimated value:
    $190,000
    1,917 sqft 0.09 AC lot
    View details
    9100 Forestview Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    9100 Forestview Rd, Evanston, IL 60203-1728

    Estimated value:
    $505,000
    2,651 sqft 0.23 AC lot
    View details

    Evanston, IL Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Evanston, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 5,995 square feet of properties for sale, with an estimated market value of $7,263,000.

    Sale prices for residential income properties in Evanston, IL start at $449,000, averaging $1,210,500, and reaching up to $3,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 9
    Duplexes 4
    Apartment buildings 2
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 81K
    Population Growth (5Y) +5.3%
    Median Household Income $99,828
    College Educated 63.6%

    High-Yield Neighborhoods for Investment

    Identify Evanston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60202 $609.7K
    60201 $2.2M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Evanston fall within the 25,000 to 50,000 square foot range.

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