9201 Kennedy Avenue Highland, IN $ 1,350,000
9201 Kennedy Avenue
$ 1,350,000
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9201 Kennedy Avenue

Highland, IN, 46322
$ 1,350,000
Bedrooms-- Baths-- Sq 8,202

Monthly Estimate*

$ 8,312

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Commercial Property for sale in Highland, IN

for $1,350,000. This 8,202 square foot building was built in 1969 on a lot size of 0.286.

We are pleased to present a rare and exceptional investment opportunity in a well-maintained 9-unit multifamily property located in the desirable Northwest Indiana community of Highland. This asset offers investors immediate in-place cash flow with additional upside through continued rent growth. The property features a desirable unit mix designed to appeal to a broad tenant base, providing stable occupancy and consistent demand. Many of the units have been updated with modern finishes. The property is situated in a strong suburban location with close proximity to shopping, dining, parks, schools, and major highways, the property offers residents convenience and accessibility to both Northwest Indiana and the greater Chicago metropolitan area. With Highland's strong rental fundamentals and limited supply this offering represents a compelling opportunity for investors seeking a turnkey multifamily asset with both dependable current income and future appreciation/rental growth potential.

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Commercial Active

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 11,962

Style

Multi Family

Lot Size

0.286

Year Built

1969

Town/City

Highland

County/Region

Lake

MLS | Web ID

838266

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Electricity Connected Water Connected Sewer Connected Other Natural Gas Connected
Year Built 1969
Electric 100 Amp Service
View Neighborhood
Township North
Property Subtype Multi Family
Tax Year 2025
Gross Income 141339
County Lake
Net Operating Income 98597
Property Type Commercial Sale
Subdivision Name Wicker Blvd Add
Building Features Other Balcony
Status Active
Directions Driving North on I-94 exit on Kennedy Ave going south. Drive 2 miles on Kennedy ave and the property is on the left just after 40th ave.
City Highland
Lot Size Square Feet 12458
Listing Terms Cash Other
Tax Annual Amount 11962
Standard Status Active
Legal Description WICKER BLVD ADD. ALL LOTS 25 26 27 & 28 BL.4
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Exterior
Exterior Amenities Balcony
Parking Features Paved
Water Source Public
Total Parking 16
Lot Size Acres 0.286
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Andrew Page

Listing Agent

Ellsbury Group

Broker

andypage201@yahoo.com

Email

Affordability Calculator

$9,309
Per Month
89%
11%
0%
Monthly Principal & Interest
$8,312
Monthly Property Taxes
$997
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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/5/2026$1,350,000 Listed Price

Map


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9201 Kennedy Avenue, Highland, IN, 46322 is a Commercial Property for sale at $1,350,000 with 8,202 sqft and a lot size of 0.286. 9201 Kennedy Avenue was built in 1969. The property's zip code is 46322 which is in Highland, IN