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Joanna Lewkowicz

joanna@boutiquehomerealty.com +1(708) 963-0011

$995,000

Est. payment - /mo

7,647 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,647 sqft

Price per Sqft $130

MLS Listing ID 837975

Year Built 1953

Annual Tax Amount $16,688

Tax Year 2024

Lot Size 10,890 Sqft

Property Sub-Type Multi Family

Property Description

We are pleased to present this well maintained Class A, 7-unit multifamily asset, ideally located within walking distance to the highly desirable downtown Crown Point Square. The property features a unit mix of two two-bedroom units, four one-bedroom units, and one studio. It has been meticulously cared for, including a brand-new roof installed this year, along with prior exterior upgrades such as updated windows, siding, and gutters. Additionally, most units have been recently renovated, offering modern interiors that appeal to today's renters. The asset provides strong day-one rents and immediate cash flow, with a clear opportunity to further increase rental income through mark-to-market adjustments and continued rent growth in one of Northwest Indiana's most supply-constrained and sought-after rental markets.

Location

State IN

County Lake

Zoning Residential

Interior

Interior Features None

Heating Hot Water

Cooling Other

Fireplace No

Appliance Electric Range, Water Heater, Refrigerator, Gas Range

Exterior

Exterior Feature None

Parking Features Off Street

Utilities Available Electricity Available, Water Connected, Water Available, Sewer Connected, Sewer Available, Natural Gas Connected, Natural Gas Available, Electricity Connected

Roof Type Shingle

Building

Lot Description Paved, Private

Story 3

Structure Type Brick

Schools

School District Crown Point

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Ellsbury Group

NEARBY SCHOOL & BUSINESS

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Joanna Lewkowicz

Designated Managing Broker | Owner | 471.018027 471018027

+1(708) 963-0011 | joanna@boutiquehomerealty.com

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182 W North Street Crown Point, IN 46307

Joanna Lewkowicz

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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182 W North Street