Veterans United Realty
24 Photos

4822 Kennedy Avenue, East Chicago, IN 46312

$425,000 Asking Price

4 beds
2 baths
3,012  sqft
Built in 1921

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!


Listing Status:
Active
Date Added:
September 25, 2024 — 4 days ago
Listing Office:
BHHS Executive Realty, Jim Samuelson
Office Phone:
219-663-1986
MLS ID:
810682

Features & Amenities

Interior

General:
Open Floorplan
Rooms:
Bedroom 2, Primary Bedroom, Office, Living Room, Kitchen, Dining Room, Bonus Room, Bedroom 3
Appliances:
Free-Standing Gas Range, Microwave, Refrigerator, Free-Standing Refrigerator
Laundry:
Inside, Laundry Room
Basement:
Concrete, Storage Space, Unfinished, Full
Heating:
Forced Air, Natural Gas

Exterior

General:
None
Style:
Bungalow
Other Structures:
Front Porch
Parking:
Asphalt, Paved, Off Street, Gated, Driveway, Common

Construction

General:
Two

Location

Road/Access:
Paved
HOA Amenities:
Sidewalks, Street Lights
Originating MLS:
nira
County:
Lake

Lot

Zoning:
SUBDIV. SW. S.28 T.37 R.9 ALL L.8 BL.16 ALL L.9 BL.16 SEE ADDITIONAL DESCRIPTION, 45-03-28-383-031.000-024
View:
Neighborhood
Fencing:
Chain Link

Utilities

Utilities:
Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected, 200+ Amp Service, Circuit Breakers, 220 Volts

Financial

Source:
nira

This listing courtesy of:
BHHS Executive Realty, Jim Samuelson

About East Chicago, IN

Housing

Number of Units
11,358
Median Home Value
$73,783
Median Rent
$507

56.55% of housing units are renter occupied.

16.35% are vacant.

Commute

Car
88.57%
Public Transportation
1.77%
Walk to Work
3.32%
Work from Home
5.34%
Other
0.95%

The median travel time to work is 25 minutes.

People

Population
25,632
Median Age
35.60
Median Household Size
2.78

Education

High School
36.60%
Associate’s Degree
8.16%
Bachelor’s Degree
7.56%
Graduate Degree
3.25%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

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