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$1,500,000
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Property Description
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.
Full Property Details
Full Property Details for 2454 N Nordica Ave
General
- Price: $1,500,000
- HOA FEE: $5,000
- Taxes: $11,139 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12511517
- Updated: 11/18/2025
- Added to Site: 67 day(s) ago
Interior
- Basement: Unfinished
- Interior Features: Laundry Room
Location
- Area: CHI - Montclare
- County: Cook
- Driving 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.
Heating & Cooling
- Heating Type: Central Building Heat
Utilities
- Trash: 3600
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Year Built: 1926
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 10,500
- Lot Dimensions: 50 x 209
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $5,000
- Insurance Fee: $7,000
- Operating Expenses: $25,000
- Assessment Year: 1926
- Tax Amount: $11,139
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity
- Pays Electric: 960
- Pays Trash: 3600
Disclosures and Reports
- Property ID: 13303250080000
Listed by Baird & Warner
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Schools
Schools serving 2454 N Nordica Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Locke J Elementary School 2828 North Oak Park Avenue, Chicago, IL 60634 | PK-8 | 0.6 mi |
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2454 N Nordica Ave
Date
Details
Price
Change
Source
11/12/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2454 N Nordica Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,139
3%
$52,792
—
2022
$10,858
2%
$52,792
—
2021
$10,616
1%
$52,792
11%
2020
$10,551
11%
$47,364
—
2019
$9,516
2%
$47,364
—
2018
$9,356
-5%
$47,364
3%
2017
$9,891
-4%
$45,949
-11%
2016
$10,337
9%
$51,610
—
2015
$9,457
29%
$51,610
31%
2014
$7,329
2%
$39,502
—
2013
$7,184
1%
$39,502
—
2012
$7,088
—
$39,502
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2454 N Nordica Ave
2454 N Nordica Avenue, Chicago, IL 60707 (MLS# 12511517) is a Commercial property. 2454 N Nordica Avenue is currently listed for $1,500,000 and was received on November 12, 2025. Want to learn more about 2454 N Nordica Avenue? Do you have questions about finding other Commercial real estate for sale in Montclare? You can browse all Montclare real estate or contact a Coldwell Banker agent to request more information.

