2454 N Nordica Avenue Chicago, IL $ 1,500,000
2454 N Nordica Avenue
$ 1,500,000
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2454 N Nordica Avenue

Chicago, IL, 60707
$ 1,500,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 9,358

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Multi-Family Home for sale in Chicago, IL

for $1,500,000 with 5 bedrooms. This home was built in 1926 on a lot size of 0.241047.

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.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 11,139

Style

Lot Size

0.241047

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12511517

Features
Interior
Basement Unfinished
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General
Zoning MULTI
Construction Materials Brick
Year Built 1926
Tenant Pays Air Conditioning Electricity
Stories Count 2
Tax Year 2023
Gross Income 100000
County Cook
Net Operating Income 20000
Operating Expense 25000
Insurance Expense 7000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 5000
Status Active
Directions Cumberland S of 90 to W Grand Ave to N Nordic Ave L. Building entrance on Nortica. Single-family unit around the corner on Altgeld.
City Chicago
Number Of Units Total 9
MLS Area CHI - Montclare
Lot Size Square Feet 10500
Tax Annual Amount 11139
Electric Expense 960
Fuel Expense 2700
Trash Expense 3600
Water Sewer Expense 3600
Additional Parcels Y/N N
Standard Status Active
Cap Rate 5.3
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 50x209
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* Excluded Features
List By
Baird & Warner

Broker

Joe@JoeWoodbury.com

Email

Affordability Calculator

$10,286
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$928
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/12/2025$1,500,000 Listed Price

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2454 N Nordica Avenue, Chicago, IL, 60707 is a Multi-Family Home for sale at $1,500,000 with a lot size of 0.241047. 2454 N Nordica Avenue has 5 bedrooms, 0.0 baths, and was built in 1926. The property's zip code is 60707 which is in Chicago, IL