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(SOLD) $956,000

000 Confidential Ave. East Chicago, IN 46312

  • 46 Beds
  • 34 Baths
  • 28,896 sq. Ft

Property Description for 1508 Carrol Street East Chicago, IN 46312

Attention investors! Two 17 unit brick apartment buildings with 2 additional parking lots east of the building TO BE SOLD AS 1 PARCEL. The building at 1512-1520 is 17- 1 bedroom,1 bath units. 1508-1510 Carroll St. has 12- 2 bedroom, 1 bath units and 5- 1 bedroom, 1 bath units, where tenants pay for their own gas & electric. There is a unit that has unused furnaces and air conditioners, which stay with the properties. Some units have been partially renovated and some have active pipe leaks and mold issues. Buildings are in need of extensive renovation, pipes froze and burst in 1512-20, resulting in most units having the water capped off. Building 1508 -10 has 2 tenants currently. Some units are locked with no access to them prior to an acceptable offer. Great potential to investors that have the ability to bring it up to habitable conditions. Excellent location, walking distance to the South Shore Station, and near major highways. Property to be sold as is where is.

Address:000 Confidential Ave.East Chicago IN 46312
Status:Sold
Sold On: 3/22/2023
Price:$956,000
Bedrooms:46 Beds
Bathrooms:34 Full Baths
Sq. Feet:28,896
Year Built:1965
Lot Size:43056.00
County: Lake
MLS #:524736
Property Type:Income Property

Total Sq. Ft. :28,896

Loan Price
$5,385
Price And Interest $4,987/month
Property Tax $0/month
MTG INS $0/month
HOME INS $398/month
Price
$956,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$4,776 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Subdivision: ROXANA
Zip Code:46312

Total Sq. Ft.:28,896
Total Rooms:114
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Schools in 1508 Carrol Street East Chicago, IN  46312


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Listing provided courtesy of Vickie Wilson with RE/MAX Realty Associates from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/22/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



East Chicago Market Report

54
Avg. DOM
$89.45
Avg. $ / Sq.Ft.
$ 134,900
Med. List Price

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