2454 N Nordica Ave Chicago, IL 60707
Montclare NeighborhoodEstimated payment $8,834/month
Highlights
- Very Popular Property
- Laundry Room
- Central Heating
- 10,500 Sq Ft lot
About This Home
This extraordinary rental investment opportunity features six 2-bedroom, 1-bath units, two 1-bedroom, 1-bath units, and a SEPARATE, FREE STANDING 2-BEDROOM, 1.1 BATH SINGLE FAMILY HOME with full basement and two-car garage on the same property PIN number. This classic red brick building is located in the desirable Montclare neighborhood, just blocks from Metra, shopping, restaurants, and nightlife. The buildings have been well-maintained and operated as a family business for many years and fulluy occupied. Most rents have not been increased in years and are below market, offering improved CAP and GRM potential. Two apartments are on a month-to-month basis. This investment property is being discreetly marketed with respect for tenant privacy being a very high priority. Showing appointments will be scheduled with advance notice only and limited to advance verification of funds or pre-approved financing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,139
Year Built
- Built in 1926
Lot Details
- 10,500 Sq Ft Lot
- Lot Dimensions are 50x209
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Laundry Room
Utilities
- Central Heating
Community Details
Overview
- 9 Units
Building Details
- Electric Expense $960
- Fuel Expense $2,700
- Insurance Expense $7,000
- Maintenance Expense $5,000
- Trash Expense $3,600
- Water Sewer Expense $3,600
- Operating Expense $25,000
- Gross Income $100,000
- Net Operating Income $20,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | For Sale | $1,500,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12511517
- 2541 N Mont Clare Ave
- 7150 W Grand Ave
- 2530 N Neva Ave
- 2513 N 72nd Ct
- 2546 N Harlem Ave Unit GC
- 2525 N 72nd Ct Unit 2AN
- 2325 N Neva Ave Unit 404B
- 2334 N Harlem Ave Unit 3C
- 2510 N 72nd Ct
- 7218 W Wrightwood Ave Unit 111
- 2234 N Neva Ave
- 2719 N Nordica Ave
- 2224 N Nordica Ave
- 7230 W Belden Ave Unit 1
- 2222 N Harlem Ave Unit 2NW
- 2318 N 73rd Ave
- 2539 N Newcastle Ave
- 2218 N Newland Ave Unit 203
- 2554 N Oak Park Ave
- 2637 N 73rd Ct
- 2534 N Harlem Ave Unit 101
- 7008 W Medill Ave Unit 7
- 7008 W Medill Ave
- 7008 W Medill Ave Unit 7008
- 2549 N 72nd Ct Unit 3
- 2334 N 72nd Ct Unit 2W
- 2650 N Harlem Ave Unit 1W
- 7226 W Belden Ave Unit 2
- 2626 N 73rd Ave Unit 1
- 7062 W Diversey Ave Unit 3
- 7062 W Diversey Ave Unit 1
- 7026 W Diversey Ave Unit 2
- 6949 W Diversey Ave Unit 1
- 2443 N Oak Park Ave Unit 2
- 2132 N Harlem Ave Unit 1M
- 2530 N 74th Ave Unit 3
- 2132 N Harlem Ave Unit 1C
- 2631 N 74th Ave Unit 1
- 2800 N 72nd Ct Unit 7
- 2833 N Nordica Ave