4941 Northcote Avenue East Chicago, IN $ 199,900
4941 Northcote Avenue
$ 199,900
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4941 Northcote Avenue

East Chicago, IN, 46312
$ 199,900
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,231

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Multi-Family Home for sale in East Chicago, IN

for $199,900 with 4 bedrooms and 2 full baths. This home was built in 1915 on a lot size of 0.1028.

Calling all investors, rehabbers, and owner-occupants looking to build equity! Zoned R-4, and subject to buyer verification and City approvals. This solid brick duplex offers tremendous upside potential and multiple value-add opportunities. Featuring two spacious units, each unit includes 2 bedrooms, a kitchen, dining room, walk-in pantry, and an additional flex room that can be utilized as an office, den, storage space, or other permitted use. The full basement presents a unique opportunity for additional income potential. Zoned R-4, and subject to buyer verification and City approvals, the basement may offer the possibility of conversion into a third unit. Whether you choose to create additional rental income, provide tenant storage and laundry facilities, or customize the space to fit your investment strategy, the possibilities are plentiful. The walk-up attic provides abundant storage space with easy stair access, while the detached 2-car concrete garage facing the alley offers additional tenant parking, storage, or workspace options. Nearby Amenities convenient access to major highways including I-90 (Indiana Toll Road), I-80/94, and Cline Avenue for commuting throughout Northwest Indiana and Chicago. Minutes from the NICTD South Shore - East Chicago Station providing rail access to Downtown Chicago and South Bend. Close to Kosciuszko Park, Tod Park, and the East Chicago Parks system offering recreational opportunities, playgrounds, sports facilities, and outdoor activities. Near Jeorse Park Beach on Lake Michigan featuring beach access, playgrounds, and recreational amenities.

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Multi-Family Active

Price

$ 199,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,781

Style

Duplex

Lot Size

0.1028

Year Built

1915

Town/City

East Chicago

County/Region

Lake

MLS | Web ID

840619

Features
Interior
Interior Amenities Ceiling Fan(s) Walk-In Closet(s) Pantry Laminate Counters Eat-in Kitchen
Window Features Insulated Windows
Fireplace Y/N N
Above Grade Finished Area 2332
Half Baths 0
3/4 Baths 0
Total Bedrooms 4
Total Baths 2
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General
Sewer Public Sewer
Heating Hot Water Individual Unit Unit Control Natural Gas
Utilities Electricity Available Water Available Sewer Available Natural Gas Available
Appliances Gas Range Refrigerator Gas Water Heater
Garage Spaces 2
Patio/Porch Features Enclosed Rear Porch Front Porch
Pool Features None
Pets Allowed No
Year Built 1915
View Neighborhood Trees/Woods
Township North
Levels Two
Property Subtype Duplex
Tax Year 2025
County Lake
New Construction N
Property Type Residential Income
HOA N
Subdivision Name NW1/4
Garage Y/N Y
Rent Includes Other
Total Rooms 10
Full Baths 2
Status Active
Directions From Indianapolis Blvd head east on 149th St north on Northcote Ave. Property is on the east side of the street near 149th St.
City East Chicago
Lot Size Square Feet 4480
Listing Terms Cash Conventional
Tax Annual Amount 1781.66
Property Condition Fixer
Standard Status Active
Legal Description SUBDIV NW1/4 S.32 T.37 R.9 BLK5 LOT 28 & N.7FT OF LOT 27
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Exterior
Parking Features Additional Parking Detached Paved On Street Garage Faces Rear Alley Access
Lot Features Back Yard Paved Front Yard Few Trees
Water Source Public
Lot Size Acres 0.1028
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Melissa Yanez

Listing Agent

Favela Real Estate, Llc

Broker

realtormelissay@gmail.com

Email

Affordability Calculator

$1,379
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$148
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
6/12/2026$199,900 Listed Price

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4941 Northcote Avenue, East Chicago, IN, 46312 is a Multi-Family Home for sale at $199,900 with a lot size of 0.1028. 4941 Northcote Avenue has 4 bedrooms, 2.0 baths, and was built in 1915. The property's zip code is 46312 which is in East Chicago, IN