Listed by Favela Real Estate, LLC
$199,900
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.
Listing Contacts
Listed by Favela Real Estate, LLC
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Zoning
R4 ResidentialMulti FamilyMultifamily Dwelling Three Story Or Less
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View all 24 uses Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics
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