www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33601589
33601590

4941 Northcote Avenue, East Chicago, IN 46312

Favela Real Estate, LLC
Favela Real Estate, LLC
Listed by Favela Real Estate, LLC
$199,900
9 days on market
Updated 9 days ago
Opportunity zone

4941 Northcote Avenue

Details
APN 450332127019000024
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Year Built 1915
Acreage 0.103

Multifamily

Marketing description

Calling all investors, rehabbers, and owner-occupants looking to build equity! Zoned R-4, and subject to buyer verification and City approvals. This solid brick duplex offers tremendous upside potential and multiple value-add opportunities. Featuring two spacious units, each unit includes 2 bedrooms, a kitchen, dining room, walk-in pantry, and an additional flex room that can be utilized as an office, den, storage space, or other permitted use. The full basement presents a unique opportunity for additional income potential. Zoned R-4, and subject to buyer verification and City approvals, the basement may offer the possibility of conversion into a third unit. Whether you choose to create additional rental income, provide tenant storage and laundry facilities, or customize the space to fit your investment strategy, the possibilities are plentiful. The walk-up attic provides abundant storage space with easy stair access, while the detached 2-car concrete garage facing the alley offers additional tenant parking, storage, or workspace options. Nearby Amenities convenient access to major highways including I-90 (Indiana Toll Road), I-80/94, and Cline Avenue for commuting throughout Northwest Indiana and Chicago. Minutes from the NICTD South Shore - East Chicago Station providing rail access to Downtown Chicago and South Bend. Close to Kosciuszko Park, Tod Park, and the East Chicago Parks system offering recreational opportunities, playgrounds, sports facilities, and outdoor activities. Near Jeorse Park Beach on Lake Michigan featuring beach access, playgrounds, and recreational amenities.
Icon
Powered by Northeastern Indiana Association Of Realtors
Learn More

Listing Contacts

Favela Real Estate, LLC
Favela Real Estate, LLC
Listed by Favela Real Estate, LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
R4 ResidentialMulti FamilyMultifamily Dwelling Three Story Or Less
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 24 uses
View all 24 uses
Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591