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$375,000
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!

4822 Kennedy Avenue, East Chicago

$350,000
10 Beds 6 Baths
Why settle for one when you can have two? Exceptional opportunity to add a well-performing asset to your investment portfolio or create the perfect setup for a large multi-generational family!! This unique property features two separate brick homes on one parcel, offering an excellent opportunity to expand your investment portfolio or create space for multi-generational living. 614 is a 4 Bed 2.5 Bath 3,148 sq ft Tri-level including a sunroom, Family Room Second Kitchen in Lower Level, 612 is a 3 Bed 3 Bath 2,215 sq ft Bi-level plus a basement unit 3 bedroom with a kitchen and 1 bath. Conveniently located with easy access to Downtown Chicago, this commuter-friendly property offers low taxes and strong income potential. Both units are currently leased, providing immediate cash flow for the next owner.

612 W 149th Street, East Chicago

Updated . Information deemed reliable but not guaranteed.