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$425,000

4822 Kennedy Avenue East Chicago, IN  46312

  • 4 Beds
  • 2 Baths
  • 3,012 sq. Ft

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Property Description for 4822 Kennedy Avenue East Chicago, IN 46312

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!

Address:4822 Kennedy Avenue East Chicago IN 46312
Status:Active
on site: 27 days
Price:$425,000
Bedrooms:4 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:3,012
Year Built:1921
Lot Size:0.33
County: Lake
Township: North
MLS #:810682
Property Type:Single Family Residence

Lot Dimensions:100 x 141
Directions:From Michigan Ave, head north on Kennedy Ave to address.
Total Sq. Ft. :3,012
Basement:Yes

Loan Price
$2,394
Price And Interest $2,217/month
Property Tax $0/month
MTG INS $0/month
HOME INS $177/month
Price
$425,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,124 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room Info Not Available
Office Info Not Available
Dining Room Info Not Available
Kitchen Info Not Available
Bonus Room Back Info Not Available
Primary Bedroom Info Not Available
Bedroom 2 Info Not Available
Bedroom 3 Info Not Available

Tax Year:2023
Mandatory HOA Fee:$

Subdivision: Marked Laid Down
Zip Code:46312

Total Sq. Ft.:3,012
Interior Features:Open Floorplan
Appliances:Free-Standing Gas Range, Microwave, Refrigerator, Free-Standing Refrigerator
Exterior Features:None
Heat:Forced Air, Natural Gas
Total Rooms:8
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 Jim Samuelson with BHHS Executive Realty from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/26/2024 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

74
Avg. DOM
$95.08
Avg. $ / Sq.Ft.
$ 182,450
Med. List Price

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