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Explore Similar Condos Within 2 Miles of Black Oak, IN

  • /7

    $16,000

    • 3 Beds
    • 1 Bath
    • 567 Sq Ft

    1690 W 12th Ave, Gary, IN 46404

    Unlock the potential of this fixer-upper situated in the desirable Broadway/Merrillville area. Perfect for those looking to customize their own home or capitalize on the rental market. Enjoy the convenience of being near major shopping centers, the mall, and easy highway access.

    Luis Cortes Integrity Realty Partners

    1690 W 12th Ave, Gary, IN 46404
  • /18

    $589,000

    • 8 Beds
    • 8 Baths
    • 6,200 Sq Ft

    6703 Nebraska Ave, Hammond, IN 46323

    These rare 4 townhome rental properties, all on the same block, offers four residential units in the high demand rental market of South Hammond. With low maintenance requirements & high income, these properties are ideal for an investor seeking great cash flow. These units are all in the same building & represent ownership of half of the 8 units.

    Andrew Page Ellsbury Commercial Group LLC

    6703 Nebraska Ave, Hammond, IN 46323
  • /11

    $225,000

    • 10 Beds
    • 5 Baths
    • 3,096 Sq Ft

    1971 Massachusetts St, Gary, IN 46407

    Calling all investors! Multi-Unit all Brick building. There are 2 one-bedroom units, 2 two-bedroom units and 1 three-bedroom unit. Units are very large, have high ceilings and all have sitting area and dining area. One bedroom units offer a small bonus room. High efficiency furnaces. Newer Roof a couple years. More opportunity for additional income with coin operated laundry.

    Panagiota Papadatos Penny P Properties, LLC

    1971 Massachusetts St, Gary, IN 46407
  • /10

    $94,000

    • 3 Beds
    • 1 Bath
    • 636 Sq Ft

    815 W 25th Ave, Gary, IN 46407

    Turnkey Rental Property. 9.3 Cap Rate!Investor special! This 3-bedroom, 1-bath single-family home offers an excellent opportunity to build or expand your portfolio with a solid return. Currently occupied by a reliable long-term tenant on a month-to-month lease at 1,000 per month, this property provides immediate income with a 9.3 cap rate at the current asking price. The home features a newer

    Dennis Nichols Weichert, Realtors-Moke Agency

    815 W 25th Ave, Gary, IN 46407
  • /32

    $475,000

    • 6 Beds
    • 6 Baths
    • 4,005 Sq Ft

    532 Connecticut St, Gary, IN 46402

    ATTENTION ATTENTION!!! When I tell you that it's too much to mention, believe us when we say, that this beautiful brick building is loaded with so much useful space. This 3 unit has over 1300 square feet on each level! Each floor has 2 generous sized bedrooms, 2 full baths, walk in closets, LR, DR, kitchen and private back porches. Your search for a multi-unit can be over, with low property

    Johnette Gore Premier Midwest Realty, INC

    532 Connecticut St, Gary, IN 46402

Why Live in Black Oak

Black Oak, located in the southwest corner of Gary, Indiana, is a neighborhood with a mix of ranch-style homes, Cape Cods, and mobile homes, many surrounded by ample foliage and space. The Little Calumet River runs through the area, though residents should be cautious of contaminants in the water. The neighborhood's parks are managed by Lake County, with Late Etta County Park offering 112 acres of hiking trails, a fishing pier, and a canoe launch. Spring Park features an artesian well, and Seberger Park has a playground for children. The recent addition of Hard Rock Casino Northern Indiana brings potential economic growth and includes five restaurants, a gaming floor, and a concert venue showcasing national acts. Black Oak is conveniently located near Interstate 94, providing a direct route to downtown Chicago, 34 miles away, and Chicago-Midway International Airport, 30 miles away. Methodist Hospitals Midlake Campus and Indiana University Northwest are about 5 miles from the neighborhood. While some students attend local charter schools with average ratings, private education is available at Ambassador Christian Academy. The neighborhood has a mix of renovated homes and fixer-uppers, reflecting its status as a "flip community." Despite its growth, Black Oak faces environmental challenges, including the Superfund site at Lake Sandy Jo, which is under ongoing EPA monitoring.

Home Trends in Black Oak, IN

Housing Trends

Median Sale Price
$75,000
Median Single Family Sale Price
$104,000
Median Townhouse Sale Price
$35,000
Average Price Per Sq Ft
$92
Number of Homes for Sale
2
Last 12 months Home Sales
14
Months of Supply
1.70
Median List Price
$117,400
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
-15%
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