Updated 6-Unit Rental Property in East Chicago - Prime Investment OpportunityPresenting a updated 6-unit rental property located in the heart of East Chicago, ideal for investors seeking a steady stream of rental income ($50K+ gross). This well-maintained building has undergone recent renovations, ensuring that each unit is move-in ready and offers modern, comfortable living spaces.Key Features:6 Units: A mix of spacious studio, 1, 2, and 3-bedroom apartments, offering a variety of rental options to attract a diverse range of tenants.Recent Renovations: Upgraded interiors, including modern flooring, kitchens, and bathrooms, ensuring minimal maintenance and high tenant satisfaction.Strong Rental History: Consistent rental income with current tenants in place, providing immediate cash flow.Prime Location: Conveniently situated in East Chicago, close to public transportation, schools, shopping centers, and major highways, ensuring high tenant demand.This turnkey investment property offers both short-term and long-term growth potential in an emerging market. Don't miss this opportunity to expand your real estate portfolio with a well-performing asset.Contact today for more details and to schedule a showing!
Work here, live here! This place is perfect for you! Save yourself then rent money by living in the 1 bedroom apartment included with this building, perfect for those who live to work. The building is in great condition, property is fully fenced in. Asphalt was just top coated at the beginning of this year. The place is ready for your business to open.
Prime commercial property at a great price! Located in the East Chicago's vibrant North Harbor neighborhood, this former bar/ tavern represents a great opportunity for your next endeavor. Recent improvements have been made to the roof and tuckpointing. The inside is a blank canvas waiting on your imagination! The vacant lot next to the building goes with this property. So, whether you're looking for retail, office space or opening your own bar and grill, this is the spot for you!
This Versatile, Well maintained property has the potential to be used for a variety of purposes, making it a valuable investment opportunity. Multiple potential uses, such as commercial, or mixed-use. Roof is newer (2years). Property equipped for commercial kitchen w/ oversized exhaust hood canopy, stainless steel sink & more. Don't miss out on the potential of this great multi-use property. (All potential uses subj to city approval)
The median home value in East Chicago, IN is $145,947. This is lower than the county median home value of $207,000. The national median home value is $338,100. The average price of homes sold in East Chicago, IN is $145,947. Approximately 34.4% of East Chicago homes are owned, compared to 43.61% rented, while 21.99% are vacant. East Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a East Chicago real estate agent to arrange a tour today!
East Chicago, Indiana has a population of 26,502. East Chicago is less family-centric than the surrounding county with 23.61% of the households containing married families with children. The county average for households married with children is 27.11%.
The median household income in East Chicago, Indiana is $37,807. The median household income for the surrounding county is $62,052 compared to the national median of $69,021. The median age of people living in East Chicago is 35.8 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 37.9 inches per year, with 34.9 inches of snow per year.