773-710-4650
1024 Noyes St, Evanston, IL for Sale
Apartments - FOR SALE
1/34
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1024 Noyes St
Evanston, IL 60201


HIGHLIGHTS

  • Three [3] blocks from Northwestern University campus in Evanston's prime student housing corridor; 84 Walk Score & 99 Bike Score
  • One [1] mile from the newly constructed Ryan Field and Welsh-Ryan Arena
  • Less than 500 feet from Noyes Purple Line station, providing transit access to downtown Evanston and Chicago
  • Evanston is #1 on Niche.com's "Best Places to Live in Cook County" and "Best Illinois Suburbs for Young Professionals" lists
  • Sizable 2BR, 3BR and 4BR units are perfect for Northwestern students
  • Three [3] duplex down apartments

OVERVIEW

95 Realty, as exclusive advisor, is pleased to offer for purchase 1024 Noyes, an 18-unit apartment building located in the heart of Evanston’s premier Northwestern University student housing corridor. Situated just blocks from campus, the property benefits from exceptional walkability, consistent tenant demand, and one of the strongest rental submarkets in Chicagoland. The building features a highly attractive unit mix of (12) 2BR/1BA, (4) 3BR/2BA, and (2) 4BR/2BA apartments — larger floor plans that command premium rents and cater directly to Northwestern’s student population. The property includes common laundry in the basement and five surface parking spaces, a valuable amenity in this dense, transit-oriented neighborhood. 1024 Noyes offers a compelling opportunity to drive returns primarily through bringing in-place rents to current market levels, supported by continued strength in student housing demand and limited new supply near campus. Select light interior upgrades, such as updating kitchens and bathrooms, can further enhance rent growth. With its irreplaceable proximity to Northwestern University and strong fundamentals, 1024 Noyes represents a rare opportunity to acquire a stabilized, high-demand student housing asset with clear mark-to-market potential in Evanston.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

18

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1921

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

R5

APN/PARCEL ID

11-07-119-001-0000

ASK ABOUT THIS PROPERTY

Brian Semel95 RealtyMore Info
773-710-4650

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Brian Semel95 RealtyMore Info
773-710-4650

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.