4944 Kennedy Avenue East Chicago, IN ^$ 125,000

4944 Kennedy Avenue

^$ 125,000

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Recently Listed

4944 Kennedy Avenue

East Chicago, IN, 46312

^$ 125,000

Bedrooms8 Baths4.0

Monthly Estimate*

^$ 770

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Multi-Family Home for sale in East Chicago, IN

for $125,000 with 8 bedrooms and 4 full baths. This home was built in 1912 on a lot size of 0.163.

Great opportunity to add a value-add multifamily property to your portfolio! This 4-unit residential building is located in East Chicago, Indiana and offers strong rental potential for the savvy investor. Each unit features 2 bedrooms and 1 full bathroom, providing a desirable layout for long-term tenants. The property is a fixer-upper, making it ideal for investors looking to renovate, increase rents, and build equity. With the right updates, this property has the potential to generate consistent cash flow. Perfect for investors seeking a multifamily asset with upside.

Multi-Family Active

Price

^$ 125,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,194

Style

Quadruplex

Lot Size

0.163

Year Built

1912

Town/City

East Chicago

County/Region

Lake

MLS | Web ID

833651

Features

Interior

Interior Amenities None

Fireplace Y/N N

Above Grade Finished Area 3080

Half Baths 0

3/4 Baths 0

Laundry Features Gas Dryer Hookup Washer Hookup

Total Bedrooms 8

Total Baths 4

General

Sewer Public Sewer

Heating Forced Air Natural Gas

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

Appliances None

Pets Allowed Yes

Year Built 1912

View City

Township North

Levels Two

Property Subtype Quadruplex

Tax Year 2024

County Lake

New Construction N

Property Type Residential Income

HOA N

Subdivision Name Second Principal Meridian

Garage Y/N N

Total Rooms 21

Full Baths 4

Status Active

Directions Kennedy to 151st west on 151st to Kennedy North on Kennedy to property

City East Chicago

High School District City of East Chicago

Lot Size Square Feet 7100

Listing Terms Cash

Tax Annual Amount 1194

Property Condition Fixer

Lease Considered Y/N N

Standard Status Active

Tax Assessed Value 59700

Legal Description SUBDIV. PART OF NW. S.33 T.37 R.9 BLOCK 1 LOTS 20 & 21

Exterior

Parking Features Driveway None On Street

Lot Features Near Public Transit Rectangular Lot

Water Source Public

Lot Size Acres 0.163

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Joe Burdick

Listing Agent

Schererville - Weichert, Realtors® - Shoreline

Broker

Affordability Calculator

$869

Per Month

Monthly Principal & Interest: $770
Monthly Property Taxes: $100
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in East Chicago, IN

Average List Price ^$265,235

Percent of Sale Price 112%

About East Chicago, IN

27,350 Population

-16% Since 2002

^$28,332 Median Income

32.98 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4001712 Elementary School

4001720 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/5/2026	$125,000		Listed Price

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4944 Kennedy Avenue, East Chicago, IN, 46312 is a Multi-Family Home for sale at $125,000 with a lot size of 0.163. 4944 Kennedy Avenue has 8 bedrooms, 4.0 baths, and was built in 1912. The property's zip code is 46312 which is in East Chicago, IN

Each Weichert® Franchised Office Is Independently Owned and Operated

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/7/2026.

F7673 50-L73

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4944 Kennedy Avenue

Multi-Family Home for sale in East Chicago, IN

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