Homes for sale - 2140 Indianapolis BLVD, Whiting, IN 46394

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Lenny Feil

lenfeil@yahoo.com +1(708) 870-0514

$ 329,900

Est. payment | -/mo

9 Beds

4 Baths

36,154 SqFt

Save

$ 329,900

Est. payment | -/mo

Save

9 Beds

4 Baths

36,154 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 36,154 sqft

Price per Sqft $9

Subdivision Forsyth Indiana Blvd

MLS Listing ID 823558

Bedrooms 9

Full Baths 4

Year Built 1922

Annual Tax Amount $6,040

Tax Year 2023

Lot Size 0.830 Acres

Acres 0.83

Property Sub-Type Duplex

Property Description

Multi-Faceted Investment Opportunity!Located just minutes from vibrant 119th Street, Whihala Beach on Lake Michigan, and Calumet College of St. Joseph, this property offers an incredible opportunity for both current income and future development.Sale Includes:Two separate, spacious homesA 10+ car parking lotAdditional vacant lots to the East and West -- offering the potential to build additional homes or other structures!The city is open to proposals for new construction on the vacant land, offering even more potential. Both homes are currently occupied by long-term tenants on month-to-month leases.Property Details:2142 (rented at 1,525/month): 3 bedrooms, 2 full bathrooms (one in the hobby space), a large eat-in kitchen, family room, hobby space, and in-unit laundry.2144 (rented at 1,555/month): 6 bedrooms, 2 full bathrooms (one on each level), freshly painted with new flooring. The main floor features a kitchen, living room, and 3 bedrooms (including one with a walk-in closet). Upstairs includes a large family room, 3 additional bedrooms, and in-unit laundry.One water bill is covered by the owner; tenants are responsible for their own NIPSCO (gas and electric) bills.With 3,080/month in rental income already coming in, you can take your time designing future developments while generating steady cash flow. The ample parking and flexible zoning potential make this a truly compelling investment!

Location

State IN

County Lake

Interior

Interior Features Eat-in Kitchen

Heating Forced Air, Natural Gas

Fireplace N

Appliance Gas Water Heater

Exterior

Exterior Feature None

View Y/N true

View true

Building

Lot Description Other

Story Two

Others

Tax ID 450307426009000023

SqFt Source Assessor

Acceptable Financing NRA20250702125754781964000000

Listing Terms NRA20250702125754781964000000

Pets Allowed Number Limit

Listed by @properties/Christie's Intl RE

GET MORE INFORMATION

Lenny Feil

Broker-Owner | Lic# 471005412

lenfeil@yahoo.com

+1(708) 870-0514

4155 147th St, Midlothian, IL, 60445, USA

2140 Indianapolis BLVD Whiting, IN 46394

Lenny Feil

Key Details

Location

Interior

Exterior

Building

Others

2140 Indianapolis BLVD