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    Evanston, IL Residential Income Properties for Sale

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    Skokie, IL Chicago, IL Wilmette, IL
    Turnkey Two-Flat with Two-Car Garage
    Updated: Jun 26
    Turnkey Two-Flat with Two-Car Garage

    1506 Madison Street, Evanston, IL 60202

    $600,000
    Brick two‑flat built in 1950 with separate furnaces and central air
    Two‑bedroom units with updated kitchens (both units)
    First‑floor unit includes a bonus lower‑level family room and a full bath
    Sewer line relined to city access; public water and public sewer
    Asphalt roof and refreshed appliances in both units
    View details
    Evanston Triplex with Garage Parking
    Updated: May 11
    Evanston Triplex with Garage Parking

    1029 Garnett Place, Evanston, IL 60201

    $1,595,000
    3,545 sqft · 0.40 AC lot
    Three (3) large 4‑Bedroom units offer substantial living space with 3,500 sq ft GLA.
    Located in Evanston, providing convenient access to downtown, retail, and residential areas.
    Excellent transportation access via Interstate 94, U.S. Route 41, CTA Purple Line, and Metra Union Pacific North Line.
    Garage parking spaces available.
    Large 0.40‑acre parcel.
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    Evanston Co-op with Lake Access
    Evanston Co-op with Lake Access

    1585 Ridge Avenue #506, Evanston, IL 60201

    $139,000

    Move-in ready 1 bed co-op near transportation and amenities.

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    Evanston Mixed-Use Investment Opportunity
    Evanston Mixed-Use Investment Opportunity

    2540 Green Bay Rd, Evanston, IL 60201

    $4,260,000

    Mixed-use building near Metra station with retail and apartments.

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    North Evanston Condo Near Transportation
    North Evanston Condo Near Transportation

    2300 SHERMAN Avenue #2D, Evanston, IL 60201

    $499,000

    Spacious condo near downtown Evanston, transportation, and Northwestern University.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Evanston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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 2-Flat with Unfinished Basement
    Brick 2-Flat with Unfinished Basement

    8940 Lamon Avenue, Skokie, IL 60077

    $675,000

    Brick 2-flat with two 3-bedroom units, central air, and an unfinished full basement for flexible space.

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    Turn-Key Four-Unit Quadplex
    Turn-Key Four-Unit Quadplex

    7733 N MARSHFIELD Avenue, Chicago, IL 60626

    $1,150,000

    Turn-key four-unit quadplex with in-unit laundry and multiple rear decks for everyday tenant convenience.

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    Updated Triplex with Courtyard
    Updated Triplex with Courtyard

    7941 Karlov Avenue, Skokie, IL 60076

    $799,900

    Three fully self-contained units with attached garages and a courtyard, currently occupied and available by appointment.

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    Brick Two-Flat with Backyard
    Brick Two-Flat with Backyard

    7529 N Winchester Avenue, Chicago, IL 60626

    $600,000
    0.12 AC lot

    Rogers Park two-flat with hardwood floors, full basement, and a detached garage plus an expansive backyard.

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    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.

    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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    Buildable Lot in Morton Grove
    Buildable Lot in Morton Grove

    5526 MAIN Street, Morton Grove, IL 60053

    $329,900

    Oversized vacant lot ready for immediate development in Morton Grove.

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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

    $1,165,000
    Estimated value
    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

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

    1301 Brummel St, Evanston, IL 60202-3741

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

    1301 Asbury Ave, Evanston, IL 60201

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

    1118 Darrow Ave, Evanston, IL 60202-1112

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

    3048 Central St, Evanston, IL 60201-1167

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

    1221 Darrow Ave, Evanston, IL 60202-1113

    Value Estimation by Request
    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
    Value Estimation by Request
    1,920 sqft · 0.15 AC lot
    View details
    2009 Jackson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    2009 Jackson Ave, Evanston, IL 60201-3539

    Value Estimation by Request
    2,348 sqft · 0.13 AC lot
    View details
    1705 Dempster St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1705 Dempster St, Evanston, IL 60201-4096

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

    1818 Dodge Ave, Evanston, IL 60201-3430

    Value Estimation by Request
    1,584 sqft · 0.07 AC lot
    View details
    1206 Dewey Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1206 Dewey Ave, Evanston, IL 60202-1123

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

    2755 Eastwood Ave, Evanston, IL 60201-1524

    $690,000
    Estimated value
    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
    Value Estimation by Request
    2,579 sqft · 0.09 AC lot
    View details
    1817 Lyons St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1817 Lyons St, Evanston, IL 60201-3445

    Value Estimation by Request
    1,917 sqft · 0.09 AC lot
    View details
    9100 Forestview Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    9100 Forestview Rd, Evanston, IL 60203-1728

    $505,000
    Estimated value
    2,651 sqft · 0.23 AC lot
    View details
    9122 Ewing Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    9122 Ewing Ave, Evanston, IL 60203-1726

    Value Estimation by Request
    2,244 sqft · 0.12 AC lot
    View details
    705 Reba Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    705 Reba Pl, Evanston, IL 60202-2616

    $765,000
    Estimated value
    2,040 sqft · 0.07 AC lot
    View details
    1726 Central St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1726 Central St, Evanston, IL 60201-1591

    Value Estimation by Request
    4,614 sqft · 0.17 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 5 active listings on our real estate platform. These investment opportunities span a total of 3,545 square feet of properties for sale, with an estimated market value of $1,595,000.

    Sale prices for residential income properties in Evanston, IL start at $1,595,000, averaging $1,595,000, and reaching up to $1,595,000 — 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 6
    Apartment buildings 4
    Duplexes 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 $642.5K
    60201 $1.4M

    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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    Most Searched ZIP Codes in Evanston, IL

    • 60201
    • 60202

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