NOT LISTED FOR SALE

3501 Fir St East Chicago, IN 46312

Indiana Harbor Neighborhood
25 Beds
11 Baths
9,152 Sq Ft
4,304 Sq Ft Lot

Last Sold March 13, 2024

Last sale price $550,000 $60 Per Sq Ft

71 Days on Market

Highlights

  • 3 Car Detached Garage
  • Outdoor Storage
  • 4-minute walk to Nunez Park
  • Porch
  • Fenced

About This Home

As of March 2024

Awesome 11 unit all brick building. New roof! Each unit has own electric panel, water heater, furnace, AND SEPARATE water meters! Super low expenses on this one that makes for a HUGE cap rate! 4 units do need reno that would get this income OVER $100,000 a year!

Last Agent to Sell the Property

Angela Manning

Integrity Realty Partners License #RB17000786 Listed on: 11/30/2023

Last Buyer's Agent

Manny Hernandez

Simplify Your Move! Realty Inc License #RB14050711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,182

Year Built

  • Built in 1921

Lot Details

  • Fenced

Parking

  • 3 Car Detached Garage

Home Design

  • 9,152 Sq Ft Home
  • Brick Foundation

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 11 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Additional Features

  • Basement

Listing and Financial Details

  • Total Actual Rent $67,800
  • Tenant pays for electricity, gas
  • The owner pays for electricity, sewer, water
  • Assessor Parcel Number 450322158001000024

Community Details

Overview

  • 11 Units
  • Indiana Harbor Subdivision

Building Details

  • Electric Expense $540
  • Insurance Expense $1,800
  • Trash Expense $1,320
  • Water Sewer Expense $1,650
  • New Taxes Expense $5,584
  • Net Operating Income $55,256

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,182

Year Built

Built in 1921

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1921
  • Reso Property Sub Type: Apartment
  • Water Body Name: Lake Michigan
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1935
  • Subdivision Name: Indiana Harbor
  • Above Grade Finished Sq Ft: 9152
  • Garage Yn: Yes
  • New Construction: No
  • WaterExpense: 1650.00
  • SewerExpense: 1650.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: None
  • Basement YN: Yes
  • Full Bathrooms: 11
  • Total Bedrooms: 25
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Fencing: Fenced
  • Acres: 0.0988
  • Construction Type: Brick
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Fee Information

  • Trash Expense: 1320

Lot Info

  • Lot Dimensions: 35 x 125
  • Lot Size Sq Ft: 4305
  • Parcel #: 450322158001000024

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Electricity, Sewer, Water
  • LeaseType: Net

Tax Info

  • Year: 2023
  • New Taxes Expense: 5584
  • Tax Annual Amount: 5182

Multi Family

  • Number Of Units Total: 11
  • Electric Expense: 540
  • Insurance Expense: 1800
  • Total Actual Rent: 67800

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 List to Sale Price per Sq Ft
03/13/2024 03/13/24 Sold $550,000 -26.7% $60 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
11/30/2023 11/30/23 For Sale $750,000 -- $82 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Angela Manning

    Seller's Agent in 2024

    Angela Manning

    Integrity Realty Partners

    (219) 628-3432

    25 in this area

    120 Total Sales

    Angela Manning
    Section Image
  • Manny Hernandez

    Buyer's Agent in 2024

    Manny Hernandez

    Simplify Your Move! Realty Inc

    (219) 613-3567

    2 in this area

    410 Total Sales

    Manny Hernandez
    Section Image

  • M

    Buyer's Agent in 2024

    Manuel Hernandez

    Realty Executives

  • Luciano Garcia

    Buyer Co-Listing Agent in 2024

    Luciano Garcia

    Simplify Your Move! Realty Inc

    (219) 308-9902

    2 in this area

    66 Total Sales

    Luciano Garcia
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 542326

Northwest Indiana Association of REALTORS®
Indiana Lake County East Chicago 46312 Indiana Harbor

3501 Fir St, East Chicago, IN

This home is located at 3501 Fir St, East Chicago, IN 46312 since 30 November 2023. This property was built in 1921. 3501 Fir St is a home located in Lake County with nearby schools including East Chicago Central High School, East Chicago Lighthouse, and East Chicago Urban Enterprise Academy.

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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