Property Description
Welcome to 934 N. Noble St., a fully renovated 4-unit property in the vibrant Noble Square neighborhood. This turnkey investment opportunity generates over $110,000/year in gross rents ($9,180/month). Originally constructed in 1867, this historic gem has been meticulously cared for and updated in 2015, blending timeless architectural details with modern amenities to offer an ideal balance of charm and contemporary luxury.
This property offers easy access to the eclectic mix of trendy cafes, restaurants, unique shops, and public transportation. It’s the perfect place to enjoy the vibrant energy of city living while being part of a tight knit, welcoming community.
Whether you're an investor looking for a turn-key rental property or an owner-occupant wanting to live in one unit while generating rental income from the others, this building presents incredible value and flexibility.
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Property Details
Property Type
Multifamily
Year Built
1867
Year Renovated
2015
Current Cap-Rate
6.20
Pro Forma Cap-Rate
6.43
Property Highlights
Phenomenal location near West Loop and Downtown.
Renovated units with modern finishes, updated electric, plumbing, newer windows & individual HVAC.
Gorgeous refinished hardwood floors.
High ceilings & large windows.
Modern kitchens with stainless steel appliances & gorgeous white shaker cabinetry.