$450,000
SOLD JUL 28, 2025

1305 W Fred St Whiting, IN 46394

8 Beds
4 Baths
2,481 Sq Ft
3,812 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

4% Below List Price

2 Days on Market

Highlights

  • City View
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Covered Patio or Porch
  • Hot Water Heating System

About This Home

As of July 2025

We are pleased to present 1305 Fred St, a well-maintained brick multifamily property consisting of four 2-bedroom, 1-bath units. Located just 20 miles southeast of downtown Chicago, this asset combines a small-town feel with convenient access to urban amenities, including the annual Pierogi Festival, local beaches, and downtown Whiting.Built to provide stable rental income with minimal upgrades required, the property features tenants responsible for their own electricity and heating, ensuring low operating costs. The strong local economy is supported by major employers such as BP's Whiting Refinery, which helps maintain consistent rental demand.1305 Fred St offers investors immediate cash flow potential and long-term value creation in a safe, growing market. We invite you to review this opportunity to acquire a solid income-producing asset that is ideal for expanding or beginning a multifamily portfolio.

Last Agent to Sell the Property

Xever Lemieux

Ellsbury Commercial Group LLC License #RB22000768 Listed on: 06/25/2025

Co-Listed By

Andrew Page

Ellsbury Commercial Group LLC License #RB24000716

Last Buyer's Agent

Sara Villicana

Listing Leaders License #RB21001341

Listing Leaders

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,352

Year Built

  • Built in 1908

Interior Spaces

  • 2,481 Sq Ft Home
  • 2-Story Property
  • City Views
  • Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System

Additional Features

  • Covered Patio or Porch
  • 3,812 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, hot water, telephone, gas, electricity
  • The owner pays for exterior maintenance, water, trash collection, taxes, snow removal, sewer, roof maintenance, repairs, pest control, management, insurance, HVAC maintenance, grounds care
  • Rent includes management, trash collection, water, sewer
  • Assessor Parcel Number 450307253039000025
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Davidsons Fred St Add Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Insurance Expense $1,700
  • Maintenance Expense $2,648
  • Manager Expense $2,648
  • Trash Expense $960
  • Water Sewer Expense $1,116
  • New Taxes Expense $4,272
  • Gross Income $52,958
  • Net Operating Income $37,215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,352

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1908
  • Reso Property Sub Type: Quadruplex
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Back Yard, Rectangular Lot, Near Public Transit, Few Trees
  • ResoPoolFeatures: None
  • Reso View: City
  • Income And Expenses Maintenance Expense: 2648
  • Co List Office Mls Id: NRA2314
  • Co List Office Phone: (219) 200-5133
  • Co List Office Mls Id: NRA2314
  • Subdivision Name: Davidsons Fred St Add
  • Above Grade Finished Sq Ft: 2481
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • WaterExpense: 1116.00
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Gas Water Heater
  • Interior Amenities: None
  • Basement: Full, Unfinished
  • Flooring: Carpet, Tile, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Exterior Features: Private Yard
  • Acres: 0.0875
  • Waterfront: No
  • Patio And Porch Features: Covered
  • Reso Roof: Shingle

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Underground Utilities, Natural Gas Connected
  • Cooling: None
  • Heating: Forced Air, Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Management, Trash Collection, Water, Sewer
  • Association: No

Fee Information

  • Trash Expense: 960

Schools

  • Junior High Dist: Whiting

Lot Info

  • Lot Size Sq Ft: 3812
  • Additional Parcels: No
  • Parcel #: 450307253039000025
  • Zoning Description: Residential

Rental Info

  • Pets Allowed: No
  • Tenant Pays: Cable TV, Hot Water, Telephone, Gas, Electricity
  • Owner Pays: Exterior Maintenance, Water, Trash Collection, Taxes, Snow Removal, Sewer, Roof Maintenance, Repairs, Pest Control, Management, Insurance, HVAC Maintenance, Grounds Care

Tax Info

  • Year: 2024
  • New Taxes Expense: 4272
  • Tax Annual Amount: 4352

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 52958
  • Insurance Expense: 1700
  • Resident Manager Expense: 2648

Range of Values:

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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
07/28/2025 07/28/25 Sold $450,000 -4.1% $181 / Sq Ft
06/27/2025 06/27/25 Pending -- -- --
06/25/2025 06/25/25 For Sale $469,000 +168.0% $189 / Sq Ft
11/29/2016 11/29/16 Sold $175,000 +23233.3% $32 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
09/09/2016 09/09/16 Sold $750 0.0% $1 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $750 -99.6% $1 / Sq Ft
05/04/2016 05/04/16 For Sale $175,000 +24900.0% $32 / Sq Ft
08/24/2014 08/24/14 Sold $700 0.0% $1 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $700 -6.7% $1 / Sq Ft
09/13/2013 09/13/13 Sold $750 0.0% $1 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $750 -- $1 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Xever Lemieux

    Seller's Agent in 2025

    Xever Lemieux

    Ellsbury Commercial Group LLC

    (219) 384-7994

    1 in this area

    25 Total Sales

    Xever Lemieux
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    Andrew Page

    Ellsbury Commercial Group LLC

    (630) 251-4246

    1 in this area

    8 Total Sales

    Andrew Page
    Section Image

  • S

    Buyer's Agent in 2025

    Sara Villicana

    Listing Leaders

    (219) 230-9766

    1 in this area

    26 Total Sales

    Sara Villicana
    Section Image
  • Brian Wold

    Seller's Agent in 2016

    Brian Wold

    Listing Leaders Northwest

    (708) 372-0132

    62 Total Sales

    Brian Wold
    Section Image
  • Jesse Kikkert

    Seller Co-Listing Agent in 2016

    Jesse Kikkert

    Listing Leaders Northwest

    (708) 516-6282

    6 Total Sales

    Jesse Kikkert
    Section Image

  • B

    Buyer's Agent in 2016

    Brad Oswald

    RE/MAX

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 823201

Northwest Indiana Association of REALTORS®

APN: 45-03-07-253-039.000-025

Indiana Lake County Whiting 46394

1305 W Fred St, Whiting, IN

This home is located at 1305 W Fred St, Whiting, IN 46394 and is currently priced at $450,000, approximately $181 per square foot. This property was built in 1908. 1305 W Fred St is a home located in Lake County with nearby schools including Nathan Hale Elementary School, Whiting Middle School, and Whiting High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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