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East Chicago, IN Multifamily Homes & Duplexes for Sale

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  • /21

    $129,000

    • 4 Beds
    • 2 Baths
    • 1,360 Sq Ft

    5010 Magoun Ave, East Chicago, IN 46312

    Unlock the potential of this vacant two-unit property, perfectly positioned in a sought-after neighborhood with strong rental demand. Whether you're an experienced investor or a savvy buyer ready to create equity, this is your blank canvas! Each unit offers generous space and endless possibilities, ideal for a full renovation to maximize rental income. The property features a private, fenced in

    Sejla Harbas eXp Realty, LLC

    5010 Magoun Ave, East Chicago, IN 46312
  • /18

    $299,000

    • 4 Beds
    • 3 Baths
    • 3,888 Sq Ft

    4112 Drummond St, East Chicago, IN 46312

    Solid Brick 3-Unit Investment Property - East Chicago, INDon't miss this excellent opportunity to own a fully brick three-unit building with strong rental potential! The property features spacious units, a detached 2-car garage, and a clean, low-maintenance exterior--perfect for investors or owner-occupants.Current rents:Unit 1: 900/monthUnit 2: 700/monthUnit 3: Vacant - ready for your next

    Binika Henderson Heritage Real Estate Services,

    4112 Drummond St, East Chicago, IN 46312

Why Live in East Chicago

East Chicago, Indiana, known as "America's Workshop," has a rich industrial history centered around the Indiana Harbor. The city’s economy is heavily influenced by Cleveland-Cliffs’ Indiana Harbor Works, the largest employer, and the Ameristar Casino East Chicago, a significant economic contributor. The city offers affordable housing, with median home prices around $150,000, featuring single-family brick bungalows in western neighborhoods like Calumet and Northside, and multifamily units in Indiana Harbor. East Chicago is actively working to improve walkability and homeownership through initiatives like the 2023 Sidewalk and Alley Plan and the Home Ownership Program. The School City of East Chicago encompasses seven public schools, and the East Chicago Lighthouse Charter School provides a literacy-focused curriculum for K-8 students. Ivy Tech Community College’s Lake County Campus offers various two-year degree programs. The city’s parks and recreation system has seen significant investment, with Washington Park offering a community pool, walking paths, and a greenhouse. Jeorse Park Beach, located on Lake Michigan, is one of the few free beaches in Northwest Indiana, featuring sculptures, shelters, and picnic areas. East Chicago’s downtown areas, divided by the Indiana Harbor Belt, offer a variety of local markets and dining options, with Chicago Avenue and Main Street hosting numerous shops and eateries. The city is accessible via the South Shore Line commuter rail and Interstate 94, with free bus service and the developing Marquette Greenway trail enhancing connectivity.

Home Trends in East Chicago, IN

Housing Trends

Median Sale Price
$166,000
Median Single Family Sale Price
$184,000
Median Townhouse Sale Price
$149,999
Median 2 Bedroom Sale Price
$149,875
Average Price Per Sq Ft
$100
Number of Homes for Sale
25
Last 12 months Home Sales
83
Months of Supply
3.60
Median List Price
$197,894
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
14%
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