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$ 375,000
Est. payment /mo
Active
4822 Kennedy AVE East Chicago, IN 46312
10,524 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,524 sqft
Price per Sqft $35
Subdivision Marked Laid Down
MLS Listing ID 836342
Year Built 1921
Tax Year 2024
Lot Size 0.326 Acres
Acres 0.326
Property Sub-Type Mixed Use
Property Description
Unlock the immense potential of this unique investment property, which features a charming single-family home, an active church, and a spacious building ideal for a gymnasium or versatile flex space. The cozy, livable residence offers a perfect opportunity for a family or as a rental income source. With some minor updates, this home can be transformed into a welcoming space that maximizes its rental potential, catering to a growing demand in the area. The well-maintained church is currently operational, providing a steady income stream while serving as a vital community hub for events, gatherings, and worship services. Its ongoing use not only enhances the property's value but also fosters community connections, making it an attractive option for investors seeking stability and growth. At the rear of the property, the expansive building offers incredible versatility. Imagine it as a gymnasium, community center, or event venue tailored to meet local needs--whatever aligns with your vision. This property is a rare find, blending residential, commercial, and community elements in one ideal location. Situated conveniently near shopping, transportation, and major thoroughfares, this property benefits from high visibility and accessibility, making it appealing to both tenants and visitors. With opportunities for value appreciation through renovations and the potential for diverse income generation, this investment property is truly a canvas waiting for your creative touch. Don't miss out on this exceptional opportunity--contact us today for a viewing and take the first step toward unlocking its full potential!
Location
State IN
County Lake
Zoning Residential
Interior
Interior Features Cathedral Ceiling(s), Open Floorplan
Heating Forced Air, Natural Gas
Fireplace N
Appliance Gas Range, Refrigerator, Microwave
Exterior
Exterior Feature None
View Y/N true
View true
Building
Lot Description Near Public Transit
Others
Tax ID 450328383031000024
Acceptable Financing NRA20260401163310147514000000
Listing Terms NRA20260401163310147514000000
Listed by BHHS Executive Realty • Jim Samuelson