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3729 Michigan AVE East Chicago, IN 46312
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Key Details
Sold Price $140,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $46
Subdivision Indiana Harbor
MLS Listing ID 537730
Sold Date 09/30/23
Full Baths 1
Half Baths 1
Year Built 1922
Lot Size 0.333 Acres
Acres 0.3333
Lot Dimensions 121 X 120
Property Description
ATTENTION INVESTORS! This beautiful red brick commercial building with a 3 bedroom apartment above gives you double the opportunity for income! The bottom can be used as a rental hall, yoga, dance studio or possibly another apartment. You name it, just verify any interested use with the city. It has a large basement for storage and a large, fenced corner lot. Close location to the new casino, highways and the IN/IL border. Only 24 miles from Chicago but with low Indiana taxes! It is a great Investment opportunity for a dual income or to live above your business. Previous income for both units was $5,500 a month! The owner has nearly just completed almost $35,000 worth of updates in the property, so come bring your imagination with your finishing touches and see your dreams of owning a business or becoming a landlord (or both) come to life! Multi-unit property is already separated with 2 addresses and can be zoned as a multi unit verbally from the city with a variance.
Location
State IN
County Lake
Interior
Interior Features Elevator
Fireplace N
Exterior
View Y/N true
View true
Others
Tax ID 450321426008000024
SqFt Source Assessor
Acceptable Financing NRA20240111130357182837000000
Listing Terms NRA20240111130357182837000000
Financing Cash
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Bought with Generic Office
NEARBY SCHOOLS & BUSINESSES
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