3931 Grace Street East Chicago, IN ^$ 195,000

3931 Grace Street

^$ 195,000

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Recently Listed

3931 Grace Street

East Chicago, IN, 46312

^$ 195,000

Bedrooms2 Baths2.0

Monthly Estimate*

^$ 1,231

3931 Grace Street, East Chicago, IN 46312 - Image 1

3931 Grace Street, East Chicago, IN 46312 - Image 2

3931 Grace Street, East Chicago, IN 46312 - Image 3

Multi-Family Home for sale in East Chicago, IN

for $195,000 with 2 bedrooms and 2 full baths. This home was built in 1926 on a lot size of 0.0988.

Turnkey, income-producing 2 unit fully rented! Each updated unit features 2 bedrooms, a spacious living room, kitchen, and full bath with reliable rental income already in place. This property is an outstanding investment opportunity with immediate cash flow. Add this solid income property to your portfolio today! Property is being sold As-Is.

Multi-Family Active

Price

^$ 195,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 726

Style

Apartment

Lot Size

0.0988

Year Built

1926

Town/City

East Chicago

County/Region

Lake

MLS | Web ID

841908

Features

Interior

Interior Amenities Granite Counters Pantry

Fireplace Y/N N

Above Grade Finished Area 1740

Laundry Features Gas Dryer Hookup Washer Hookup Lower Level

Total Bedrooms 2

Total Baths 2

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Appliances None

Pets Allowed No

Year Built 1926

View Neighborhood

Township North

Levels One and One Half

Property Subtype Apartment

Tax Year 2024

County Lake

New Construction N

Property Type Residential Income

Subdivision Name Inland Sub

Garage Y/N N

Rent Includes All Utilities

Total Rooms 8

Full Baths 2

Status Active

Directions Cline Ave North to Airport Rd West to Grace St.

City East Chicago

Lot Size Square Feet 4305

Listing Terms Cash VA Loan FHA Conventional

Tax Annual Amount 726

Standard Status Active

Tax Assessed Value 88400

Legal Description INLAND SUB. L.20 BL.3

Exterior

Parking Features Gravel On Street

Lot Features Back Yard

Water Source Public

Lot Size Acres 0.0988

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Estela Lopez

Listing Agent

Mccolly Real Estate

Broker

estelalopez@mccolly.com

Affordability Calculator

$1,292

Per Month

Monthly Principal & Interest: $1,231
Monthly Property Taxes: $61
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$240,779

Percent of Sale Price 23%

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.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/8/2026	$195,000		Listed Price

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3931 Grace Street, East Chicago, IN, 46312 is a Multi-Family Home for sale at $195,000 with a lot size of 0.0988. 3931 Grace Street has 2 bedrooms, 2.0 baths, and was built in 1926. The property's zip code is 46312 which is in East Chicago, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 7/8/2026.

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3931 Grace Street

Multi-Family Home for sale in East Chicago, IN

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