NOT LISTED FOR SALE

127-129 S 18th St Chesterton, IN 46304

8 Beds
8 Baths
3,626 Sq Ft
7,405 Sq Ft Lot

Last Sold January 23, 2020

Last sale price $272,500 $75 Per Sq Ft

44 Days on Market

Highlights

  • Forced Air Heating System
  • Bailly Elementary School Rated A-
  • Vinyl Flooring

About This Home

As of January 2020

Solid income in a 4 unit on the near west side of downtown Chesterton. Great rental history, easily rented. Units bring in $780 (+$25 pet) + $740 + $740 + $780 (proforma projected) for $3065/mo total. Tenants get a great sense of space in these 2 story apartments with living room, kitchen, 2 bedrooms & 1.5 baths PLUS basement. New Roof 2017. Priced below most recent appraisal, plus incomes have risen since. Unfinished basements great for storage/workout/gaming. Laundry hookups. Off-street parking. *Seller (one member) is licensed agent in State of Illinois.*

Last Agent to Sell the Property

Matt Evans

RE/MAX Lifestyles License #RB14034485 Listed on: 11/27/2019

RE/MAX Lifestyles

Last Buyer's Agent

Gina Guarino

McColly Real Estate License #RB14043690

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125

Interior Spaces

  • 3,626 Sq Ft Home
  • Elevator
  • Vinyl Flooring
  • Basement

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $36,780
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Rent includes water
  • Assessor Parcel Number 640335408008000023

Community Details

Overview

  • 4 Units
  • Simmons Add Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • New Taxes Expense $3,212
  • Net Operating Income $36,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Co List Office Mls Id: NRA1855
  • Subdivision Name: Simmons Add
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Full, Sump Pump
  • Flooring: Ceramic Tile, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.17
  • Construction Type: Other

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Utilities: Sewer Available
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Water

Schools

  • Junior High Dist: Duneland School Corporation

Lot Info

  • Lot Dimensions: 60 x 125
  • Lot Size Sq Ft: 7405
  • ResoLotSizeUnits: Acres
  • Parcel #: 640335408008000023
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 36780

Tax Info

  • New Taxes Expense: 3212

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2020 01/23/20 Sold $272,500 0.0% $75 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
11/27/2019 11/27/19 For Sale $272,500 -- $75 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 466691

Northwest Indiana Association of REALTORS®