Updated Sep 2, 2026
Wayne Caplan Of SVN Facilitates $1.56M Sale Of Multifamily Property In Chicago's Noble Square
950 North Noble Street & 952 North Noble Street
$1,560,000
Units
6
Asset Type
MultiFamily
Closing
Aug 28, 2026
About this deal
AI
A six-unit Greystone and coach house located at 950-952 North Noble Street in Chicago, IL, was sold for $1,560,000. The property, part of the multifamily asset class, features a price per unit of $260,000 and attracted significant interest in the market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,560,000
- Units: 6
- Price Per Unit: $260,000
- Market: Chicago, IL
- Broker: Wayne Caplan - SVN
Wayne Caplan represented the seller in this transaction, which drew five showings and five offers in just one day, resulting in a sale above the asking price. The involvement of SVN | Chicago Commercial facilitated the smooth completion of the deal.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.17%
Cash-on-Cash
-2.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93