Evanston, IL Multifamily Homes & Duplexes for Sale
About Evanston



Along the shores of Lake Michigan and home to one of the premier research universities in the country, the city of Evanston is just across Chicago’s northern border. “I wouldn’t even call Evanston a suburb. It’s the first city you come to when you travel north from Chicago,” says Julie Jensen, lead broker with the Julie Jensen Group at Baird & Warner Realty. She’s lived in Evanston for close to 30 years. “It’s also the southernmost part of Chicago’s North Shore.” The North Shore is a group of affluent Chicago suburbs along the lake. There are a ...
Home Trends in Evanston, IL
On average, homes in Evanston, IL sell after 21 days on the market compared to the national average of 47 days. The average sale price for homes in Evanston, IL over the last 12 months is $554,183, up 10% from the average home sale price over the previous 12 months.
Home Trends
In Evanston, there are currently 11 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $389,000 to $1,985,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Evanston is $425,000, while the average sale price is $554,183, offering insights into the local housing market. On average, multi-family homes spend 21 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Evanston, IL.
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