4822 Kennedy Avenue, East Chicago, IN 46312
4822 Kennedy Avenue, East Chicago, IN 46312
4822 Kennedy Avenue, East Chicago, IN 46312
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$375,000
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10,524 SqFt
Active

4822 Kennedy Avenue East Chicago, IN 46312

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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

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

Rooms

Basement Full, Unfinished, Storage Space

Interior

Interior Features Cathedral Ceiling(s), Open Floorplan

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Hardwood

Fireplace No

Appliance Gas Range, Refrigerator, Microwave

Exterior

Exterior Feature None

Parking Features Off Street, Paved, Driveway, Asphalt

Utilities Available Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Roof Type Shingle

Building

Lot Description Near Public Transit

Structure Type Brick

Schools

High Schools East Chicago Central High School

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by BHHS Executive Realty

NEARBY SCHOOL & BUSINESS

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Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

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4822 Kennedy Avenue