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2454 N Nordica Ave
Multi-Family
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$1,250,000

2454 N Nordica Ave, Chicago

16 bd·9 ba·0 sqft
Built 192610,500 sqft lotMontclare

2454 N Nordica Ave, Chicago, IL

16 bd · 9 ba · 0 sqft Multi-Family listed at $1,250,000, built in 1926 in the Montclare neighborhood.

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 are fully occupied. Rents have not been increased in years and are below market, offering improved CAP and GRM potential. Five apartments are on a month-to-month basis. This investment property is being discreetly marketed with respect for tenant privacy a very high priority. Showing appointments will be scheduled with advance notice only and limited to advance verification of funds or pre-approved financing. See the actual rent roll below. 2br -1.1ba house w/ basment & two car garage $1300.00 2br 1ba apartment. $925.00 2br 1ba apartment $850.00(Discount for cleaning the bldg.) 2br 1ba apartment $950.00 2br 1ba apartment $925.00 2br 1ba apartment $900.00 2br 1ba apartment $900.00 1br 1 ba apartment $750.00 1br 1ba apartment $700.00

Property details

Price
$1,250,000
Bedrooms
16
Bathrooms
9
Year built
1926
Lot size
10,500 sqft
Type
Multi-Family
Days on market
89
Est. property tax
$26,000/yr · $2,167/mo · 2.08% IL avg
Last sold
$178,000 · Aug 1981

Estimated monthly payment

Down payment20% ($250,000)
Interest rate6.75%
Principal & Interest$6,486
Property Tax$1,146
Insurance$150
Total$7,782/mo

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Price history

$1.63M$839K$46K$178K on Aug 81 (Sold)$1.50M on Nov 25 (Initial list)$1.25M on Jan 26 (Initial list)
$178K · Aug 81$1.25M · Jan 26
  1. Jan 27, 2026$1,250,000Initial list price
  2. Nov 12, 2025$1,500,000Initial list price
  3. Aug 4, 1981$178,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 2454 N Nordica Ave, Chicago
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Home Intelligence

Neighborhood (zip 60707)

Median age is 40.5; 18% hold a bachelor's degree; 63% of homes are owner-occupied; median household income is $76,343.

Median income
$76,343
Median age
40.5
Owner-occupied
63.0%
Bachelor's degree
18.1%
Census median home value
$308,700

Source: US Census Bureau American Community Survey 5-year estimates.

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