Residential Income For Sale

Multi-unit property on large parcel with side drive offering an excellent opportunity for an investor or owner-occupant looking to add value. Conveniently located just minutes from the East Chicago and Hammond Gateway South Shore Line stations, the Chicago Skyway and the Illinois state line, offering easy access to Downtown Chicago and all NW Indiana has to offer. The first-floor unit features generous living space and is currently occupied under a month-to-month tenancy with no written lease at 700/month (landlord currently pays all utilities). The second floor consists of two 1-bedroom/1-bath units. The basement is partially finished. Electrical panels have been updated, with four separate electric meters–one for each of the three units plus a common-area meter. Property features boiler heat, with the boiler updated approximately 6 years ago. Property is being sold AS-IS. Buyer to perform all due diligence regarding property condition, zoning, use, unit count and suitability for buyer’s intended purposes.