$70,000

beds

baths

1,360

square ft

5010 Magoun Avenue

East Chicago, Indiana 46312

Closed / MLS #825171 / Multiple Unit (2-4) / East Chicago

Listing information updated 4/16/2026 at 12:24pm

Unlock the potential of this vacant two-unit property, perfectly positioned in a sought-after neighborhood with strong rental demand. Whether you're an experienced investor or a savvy buyer ready to create equity, this is your blank canvas! Each unit offers generous space and endless possibilities, ideal for a full renovation to maximize rental income. The property features a private, fenced in yard, and a full walk out basement ideal for storage and laundry facilities. Walking distance to shops, restaurants, transit and local amenities, it is a location that ensures long term value and tenant appeal. Sold AS IS. Bring your contractor and ideas!

Full Features

Basement:

Unfinished,Walk-Out Access

Beds Above Grade:

Cooling System:

None

Heating System:

None

Appliances:

None

Pool:

Age:

118 Years

Parking Type:

Alley Access

Parking Spaces:

Garage:

Alley Access

Water Front:

Square Feet:

1,360

Lot Size:

0.0803 Acres

Acreage:

0.0803

Taxes & Assessments

Tax Amount:

$875

Tax Year:

2023

Location

Zip Code:

46312

City:

East Chicago

County:

Lake

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Basement:

Unfinished,Walk-Out Access

Beds Above Grade:

Cooling System:

None

Heating System:

None

Appliances:

None

Pool:

Age:

118 Years

Parking Type:

Alley Access

Parking Spaces:

Garage:

Alley Access

Water Front:

Square Feet:

1,360

Lot Size:

0.0803 Acres

Acreage:

0.0803

Tax Amount:

$875

Tax Year:

2023

Zip Code:

46312

City:

East Chicago

County:

Lake

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Listing Leaders Specialty

Listing Office Phone: 219.747.0033

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 4/16/2026 at 12:24pm. 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

$161,815

Average Sale Price

Average Days On The Market

92%

Sales Prices VS. List Price

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