East Chicago, IN 46312,3729-31 Michigan AVE
$140,000
$155,000
9.7%
Est.Price: ?

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3,000 SqFt

3729-31 Michigan AVE East Chicago, IN 46312

Est. payment /mo
SOLD DATE : 09/30/2023

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Key Details

Sold Price $140,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $46

Subdivision Indiana Harbor

MLS Listing ID 528411

Sold Date 09/30/23

Year Built 1922

Lot Size 0.333 Acres

Acres 0.3333

Lot Dimensions 121 X 120

Property Sub-Type Mixed Use

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!

Location

State IN

County Lake

Interior

Interior Features Elevator

Heating Forced Air

Fireplace N

Exterior

View Y/N true

View true

Building

Lot Description Corner Lot

Others

Tax ID 450321426008000024

Acceptable Financing NRA20240111133454660114000000

Listing Terms NRA20240111133454660114000000

Financing Cash

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Listed by Atlas Real Estate Associates, • Christina Steele
Bought with Generic Office

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Maurice Cornett

Maurice Cornett

Broker Associate | License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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