$956,000

beds

baths

28,896

square ft

1508-1520 Carrol Street

East Chicago, Indiana 46312

Closed / MLS #524736 / Multiple Unit (2-4) / East Chicago

Listing information updated 10/4/2023 at 6:24pm

Attention investors! Two 17 unit brick apartment buildings with 2 additional parking lots east of the building TO BE SOLD AS 1 PARCEL. The building at 1512-1520 is 17- 1 bedroom,1 bath units. 1508-1510 Carroll St. has 12- 2 bedroom, 1 bath units and 5- 1 bedroom, 1 bath units, where tenants pay for their own gas & electric. There is a unit that has unused furnaces and air conditioners, which stay with the properties. Some units have been partially renovated and some have active pipe leaks and mold issues. Buildings are in need of extensive renovation, pipes froze and burst in 1512-20, resulting in most units having the water capped off. Building 1508 -10 has 2 tenants currently. Some units are locked with no access to them prior to an acceptable offer. Great potential to investors that have the ability to bring it up to habitable conditions. Excellent location, walking distance to the South Shore Station, and near major highways. Property to be sold as is where is.

Full Features

Beds Above Grade:

Pool:

Age:

59 Years

Parking Type:

None

Room Count:

114

Water Front:

Square Feet:

28,896

Lot Size:

43056 Acres

Acreage:

43056

Taxes & Assessments

Tax Amount:

$15,582

Tax Year:

N/A

Location

Zip Code:

46312

City:

East Chicago

County:

Lake

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Beds Above Grade:

Pool:

Age:

59 Years

Parking Type:

None

Room Count:

114

Water Front:

Square Feet:

28,896

Lot Size:

43056 Acres

Acreage:

43056

Tax Amount:

$15,582

Tax Year:

N/A

Zip Code:

46312

City:

East Chicago

County:

Lake

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: RE/MAX Realty Associates

Agent Contact Information: vwilsoniam@sbcglobal.net

Disclaimer: The data relating to real estate for sale on this website comes courtesy of NIRA as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/4/2023 at 6:24pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

East Chicago, IN

East Chicago, Indiana is a small city known for its rich history intertwined with the steel industry. Today, East Chicago draws homebuyers with its countless recreational activities and its proximity to Chicago and Lake Michigan. At the recently restored Jeorse Park Beach, residents can enjoy pl...

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Metra

South Shore line at East Chicago

$153,806

Average Sale Price

Average Days On The Market

90%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.