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$465,000

Est. payment - /mo

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9 Beds

4 Baths

7,000 SqFt

Active

5001 Magoun AVE East Chicago, IN 46312

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Realty Executives Premier

mike@rexpremier.com +1(219) 405-3647

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $66

Subdivision Sub

MLS Listing ID 829086

Bedrooms 9

Full Baths 4

Year Built 1900

Annual Tax Amount $3,586

Tax Year 2023

Lot Size 7,000 Sqft

Acres 0.1607

Property Sub-Type Quadruplex

Property Description

This 4-unit property presents a strong, stabilized investment opportunity. Three of the four units have been recently updated, reducing near-term capital expenditure needs. All tenants were placed within the past 24 months through a thorough screening process, including criminal background, credit, and employment verification, resulting in a reliable tenant base and minimized turnover risk. With updated interiors, recent tenant placement, and professional management practices, 5001 Magoun Avenue offers investors a turnkey, income-producing asset with steady cash flow and reduced operational risk.

Location

State IN

County Lake

Interior

Interior Features Other

Heating Baseboard, Individual Unit, Other, Natural Gas

Fireplace N

Appliance Gas Range, Refrigerator

Exterior

Exterior Feature Other

Garage Spaces 2.0

View Y/N true

View true

Building

Lot Description Back Yard, Corner Lot, Front Yard

Story Two

Others

Tax ID 450332133001000024

SqFt Source Assessor

Acceptable Financing NRA20250930204909796395000000

Listing Terms NRA20250930204909796395000000

Pets Allowed Cats OK, Yes, Dogs OK

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Realty Executives Premier

Broker | License ID: RB14033486

+1(219) 405-3647