This is a remarkable find in the city Northwest side. Great location within steps of the school. 3 stories. 10 - 2 bedroom units. Hardwood flooring. Well taken care of building.
This Income property awaits its new owner!! Two unit duplex, with each unit offering two bedrooms and one bathroom. Property boasts a common area laundry room and two car garage. The perfect location of this property creates easy access to major highways, restaurants, shopping, and even Lake Michigan. Front view from the property is the beautiful Callahan Park with walking paths, playground and basketball court. So close to so much that East Chicago has to offer!!
Beautiful income property with 3 of 4 units fully renovated! This wonderful 4 unit is turnkey and ready to go. Conveniently located, this is a great opportunity for investors and owner occupants alike. Do not miss out.
Calling all investors. Well kept 2 unit family dwelling priced to sell. Each unit has 2 bedrooms 1 bath with some updates to both. Separate forced air furnaces, gas, and electric. Main level has central a/c. Being sold as is. Seller will make no repairs.
Turnkey 4 unit grossing over $56,000 annually. Each unit features 3 bedrooms, beautiful, updated kitchens and bathrooms, and separate utilities. Owner only pays water/garbage and a common area Nipsco. Garage is rented separately and room for rent growth by building out tenant storage in basement or adding coin-op laundry.
This 4-plex offers two-bedroom, one-bath units, generating a current monthly income of $2,700 with one vacancy. It includes one month-to-month tenant, a lease expiring in May 2025, and another in September 2025. Tenants are responsible for gas and electric, while the owner covers water, sewer, and trash. Located in a desirable East Chicago neighborhood, this property is an excellent opportunity for investors looking to take advantage of strong rental demand.
Check out this fantastic investment opportunity in East Chicago, Indiana! Own this amazing 3-unit and enjoy the benefits of living in one unit while collecting rental income from the others! The property offers a variety of living spaces, including a 1-bedroom, 2-bedroom and 3-bedroom unit. Don't miss out on this incredible deal!
Amazing 4-unit building in the City of East Chicago. Brand new siding! Brand new roof! Separate utilities! And additional finished janitor's space in the basement! Close proximity to nearby amenities and major roadways. Great for an owner occupant looking to live in one unit and rent the others. Also, great opportunity for an investor looking for an outstanding investment property. If you are looking for a money maker, this is the one!!
INVESTMENT OPPORTUNITY: Presenting two units, each with tenants holding active leases. This fully renovated building boasts new plumbing, electrical systems, furnaces, ductwork, central air, and windows. Both units feature three bedrooms, kitchens with stone countertops, and appliances included post-tenancy, one bathroom, and luxury vinyl flooring throughout. Additional features include an unfinished basement ideal for storage, equipped with a coin-operated washer and dryer for tenant use, and a detached two-car garage. Tenants are responsible for their own electricity and gas bills. Consider this property for your investment portfolio, conveniently located near highways, a hospital, a casino, and a public park.
3 Unit building in E Chicago, needs total rehab. Sold AS-IS with no repairs to be made by seller. FMFL expires 10/20/2024. Hold harmless to be signed before entering the property
Awesome opportunity to own this 4-unit property in East Chicago! Property has two generously sized 3br units, two 1br units and a detached 1 car garage that can be converted back for two cars. This one is a fixer upper but it has a ton of potential. It would be a great candidate for an FHA 203(K) loan or any other renovation loan for an owner occupant or investor. It's a blank canvas! Keep the same unit count or adjust to your liking and city approval. All 4 have been registered with the municipality. And the City of East Chicago is looking to build new housing directly across the street! So get in now!
Great investment and potential for more! This fully rented 3-unit in East Chicago can become a 4-unit with a just a little work. Existing units include a 2-bedroom, 1 bath, and two 1 bedroom, 1 bath units. 2-car garage on premises can be used for storage or additional rental income. Basement has coin laundry. Situated close to downtown shopping and across the street from the park. Most windows replaced. Great monthly income! Sold As Is
Fantastic investment opportunity in East Chicago Indiana! Great long term investment. Fully rented 2-unit building with a total of 5 bedrooms and 2 baths, great long term tenant. The1-st floor unit has 2 bedrooms, and 1 bath and the Upstairs unit has 3 bedrooms, and 1 bath both have separate heating. Utilities are paid by tenants. Two parking spaces located in the rear. PLEASE ASK YOUR PREFERRED LENDER ABOUT YOUR DSCR LOAN OPTIONS (this is a loan where the rents cover the mortgage payment)
The median home value in East Chicago, IN is $149,900. 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 $149,900. 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.