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Key Details
Sold Price $540,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,718 sqft
Price per Sqft $198
Subdivision Sheffield
MLS Listing ID 830783
Sold Date 10/29/26
HOA Y/N No
Year Built 1965
Annual Tax Amount $5,097
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Multi Family
Property Description
Exceptional all-brick 5-unit investment property located in desirable Whiting, Indiana. This beautifully maintained, fully updated 5-unit building offers a prime opportunity in one of Whiting's most sought-after neighborhoods. Each unit has been thoughtfully renovated, ensuring long-term value and tenant satisfaction. The property boasts a strong rental history with low vacancy rates and reliable, long-term tenants. Located just minutes from Lake Michigan and downtown Chicago, this income-generating asset benefits from a steadily appreciating market. Additional revenue streams include garage rental sand a convenient coin-operated laundry facility.
Location
State IN
County Lake
Rooms
Basement Finished, Full
Interior
Interior Features Ceiling Fan(s)
Heating Hot Water
Fireplace N
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features Garage Door Opener, Additional Parking, Garage Faces Rear, Concrete, Alley Access
View Y/N true
View Neighborhood
Building
Sewer Public Sewer
Water Public
Others
Tax ID 450307104017000023
Acceptable Financing NRA20251113221202709580000000
Listing Terms NRA20251113221202709580000000
Financing Conventional
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Bought with McColly Real Estate
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