Property Overview

Interra Realty has been exclusively engaged to market for sale the multifamily asset located at 3145 N. Nordica Avenue in Montclare, a northwest Chicago neighborhood. The property consists of nine apartment units with off -street parking and common laundry. This desirable rental location offers residents convenient access to several retailers along Harlem and Belmont Avenue, close proximity to the Harlem Irving Plaza and walking distance to Shabbonna Park.

The unit mix is comprised of four (4) 1-bedroom and five (5) 2-bedroom units. The units are spacious and feature great light from the corner building location. The roof was replaced 5 years ago. There are seven (7) storage lockers and eight (8) parking spaces at the property. Coin laundry is available and is operator owned.

This property can be purchased individually or as a portfolio sale with 3037-39 N. Harlem Avenue, another nine-unit property in close proximity under the same ownership.

Learn more about this transaction here.

Highlights

  • High Curb Appeal Corner Location
  • Current Average Tenancy of 5.3 Years
  • (8) Parking Spaces
  • Strong NW Chicago Rental Market
  • Long-term Ownership of 30+ Years
  • No Garden Units at Building

Key Details

Transaction Date
2024
Number of Units
Nine (9)
Submarket
Montclare