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$155,000 $9,900on 9/11/2023

3729 Michigan Avenue East Chicago, IN  46312

  • 3,000 sq. Ft
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!
Address:3729 Michigan Avenue East Chicago IN 46312
Status:Active Undr Contract
on site: 167 days
Sq. Feet:3,000
Year Built:1922
Lot Size:0.33
County: Lake
MLS #:528411
Property Type:Special Use

Lot Dimensions:121 X 120
Directions:20 to W. Columbus Dr. to Michigan Ave. The property will be on the left.
Total Sq. Ft. :3,000
Loan Price
Price And Interest $809/month
Property Tax $0/month
MTG INS $0/month
HOME INS $65/month
Down Payment %
0 %
Down Payment
Property Taxes
Home Owner Insurance
$780 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
DateOld PriceNew PricePercent Change
07/12/23 $164,900 $155,000 -6%
06/29/23 $180,000 $164,900 -8.39%
05/22/23 $199,900 $180,000 -9.95%
Mandatory HOA Fee:$
Subdivision: Indiana Harbor
Zip Code:46312
Total Sq. Ft.:3,000
Exterior Features:Brick
Heat:Forced Air
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Listing provided courtesy of Christina Steele with Atlas Real Estate Associates, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.