4822 Kennedy Avenue East Chicago, IN $ 375,000
4822 Kennedy Avenue
$ 375,000
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4822 Kennedy Avenue

East Chicago, IN, 46312
$ 375,000
Bedrooms-- Baths-- Sq 10,524

Monthly Estimate*

$ 2,309

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Commercial Property for sale in East Chicago, IN

for $375,000. This 10,524 square foot building was built in 1921 on a lot size of 0.326.

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!

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Commercial Active

Price

$ 375,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.326

Year Built

1921

Town/City

East Chicago

County/Region

Lake

MLS | Web ID

836342

Features
Interior
Interior Amenities Cathedral Ceiling(s) Open Floorplan
Laundry Features Laundry Room
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Gas Range Refrigerator Microwave
Year Built 1921
Electric 200+ Amp Service Circuit Breakers
View City Neighborhood
Township North
Property Subtype Mixed Use
Tax Year 2024
County Lake
Property Type Commercial Sale
Subdivision Name Marked Laid Down
Building Features Mixed Use
Status Active
Directions From Michigan Ave go north on Kennedy about half a mile--property is on the right.
High School East Chicago Central High School
City East Chicago
Zoning Description Residential
Lot Size Square Feet 14201
Listing Terms Cash Conventional
Tax Annual Amount 0
Standard Status Active
Legal Description SUBDIV. SW. S.28 T.37 R.9 ALL L.8 BL.16 ALL L.9 BL.16 SEE ADDITIONAL DESCRIPTION
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Exterior
Exterior Amenities None
Parking Features Off Street Paved Driveway Asphalt
Lot Features Near Public Transit
Water Source Public
Total Parking 20
Lot Size Acres 0.326
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Jim Samuelson

Listing Agent

Bhhs Executive Realty

Broker

BrokerJimS@gmail.com

Email

Affordability Calculator

$2,309
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
--
Monthly 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
5434752 Elementary School
5434750 Middle School
East Chicago Central High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$375,000 Listed Price

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4822 Kennedy Avenue, East Chicago, IN, 46312 is a Commercial Property for sale at $375,000 with 10,524 sqft and a lot size of 0.326. 4822 Kennedy Avenue was built in 1921. The property's zip code is 46312 which is in East Chicago, IN