3729-31 Michigan Avenue
Sold

3729-31 Michigan Avenue

3729-31 Michigan Avenue, East Chicago, IN 46312

$140,000
ATTENTION INVESTORS! This beautiful red brick commercial building with a 3 bedroom apartment above gives you double the opportunity for income! The bottom can be used as a rental hall, yoga, dance studio or possibly another apartment. You name it, just verify any interested use with the city. It has a large basement for storage and a large, fenced corner lot. Close location to the new casino, highways and the IN/IL border. Only 24 miles from Chicago but with low Indiana taxes! It is a great Investment opportunity for a dual income or to live above your business. Previous income for both units was $5,500 a month! The owner has nearly just completed almost $35,000 worth of updates in the property, so come bring your imagination with your finishing touches and see your dreams of owning a business or becoming a landlord (or both) come to life!

3,000 Sq.Ft. LIVING AREA

0.33 Acres lot

Sofia Espinoza

Sofia Espinoza

Features & Amenities

Interior

  • Flooring Carpet, Tile
  • other interior Features Elevator

Area & Lot

  • Status Sold
  • Living Area3,000 Sq.Ft.
  • Lot Area0.33 Acres
  • MLS® ID528411
  • TypeCommercial
  • YEAR BUILT1922

Exterior

  • STORIES2
  • utilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • roofFlat, Other
  • lot featuresCorner Lot
  • parkingCommon
  • HEAT TYPEForced Air
  • AIR CONDITIONINGNone
  • SubstructureSee Remarks

Financial

  • Sales Price$140,000

Work With Us

The David Taylor Team thrives on trusting relationships with each and every client and consistently raises the bar for what is expected of a typical real estate team.

Follow Us on Instagram