Chicago, IL 60642 916 N Noble Street

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Presented By: Nex-Gen Real Estate & Property Managment Co.
  • MLS# 12133310
  • 08/22/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 6
  • SQFT • 2,952

Home Details

Discover an exceptional investment opportunity with these unique income-producing properties. Comprising 5 units spread across 2 buildings, this offering features a stunning 2-story penthouse with a balcony that boasts breathtaking views of the ever-evolving Chicago downtown skyline. Owned by a long-term landlord who is ready to pass the torch to the next generation. 4 units occupied currently rent below market rates while the penthouse is owner occupied. The flexibility of month-to-month leases allows for easy adjustments and renewals, maximizing potential income. Additional on-site laundry facilities provide extra revenue streams. Each unit comes equipped with individual heating and cooling systems, and all tenants are responsible for their electricity and gas. Sold AS-IS.
Presented By: Nex-Gen Real Estate & Property Managment Co.

Interior Features for 916 N Noble Street

Other Interior Features

BasementFinished

General for 916 N Noble Street

Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
Days on Market7
DirectionsJust North of the intersection of Noble/Chestnut
ElectricCircuit Breakers
Electric Expense660
Fuel Expense
Gross Income7350
Insurance Expense3700
Lot Size Square Feet2754
MLS AreaCHI - West Town
MaintenanceExpense775
Net Operating Income56310
NumberOfUnitsTotal5
Operating Expense36690
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories4
Tax Annual Amount13711.9
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat, Hot Water
TownshipWest Chicago
Trash Expense900
Virtual TourClick here
Water Sewer Expense1350
Year Built1890
ZoningMULTI

Exterior for 916 N Noble Street

Building Area Total2952
Lot Dimensions25'X108'
Lot Size Acres0.06

Additional Details

Price History

Worth Clark

Price $1,299,000
MLS#12133310
List Date 08/22/2024
Property Type Multi-Family
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