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    3501 Fir St East Chicago, IN 46312

    For Sale
    $1,200,000

    Apartment - East Chicago, IN

    Type:Apartment
    Lot size:
    0.10 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 3501 Fir St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Basement
    APN
    450322158001000024
    Parking features
    On Street
    Pets allowed
    Call
    Interior features
    Entrance Foyer, Open Floorplan
    Exterior features
    Corner Lot
    Basement Y/N
    1
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1921
    Architectural style
    Other

    Simplify Your Move Realty (219) 308-5647 [email protected]

    Listing agent Luciano Garcia (219) 200-5733 License #RB16001538

    Listing date Nov 11, 2025

    MLS# 830647 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated 11-Unit Apartment Building

    This renovated 11-unit building in East Chicago, IN, presents a solid income-producing opportunity. The property features a mix of occupied and vacant units, offering immediate cash flow and potential for long-term growth. The building has been fully renovated with updated systems, interiors, and finishes throughout, enhancing its rental appeal and minimizing upfront maintenance costs. The property sits on a 0.0988-acre lot. With a stable tenant base and opportunities to optimize rents through management or repositioning, this property provides reliable income and upside potential for investors seeking portfolio expansion. The property is located in Lake County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Chicago
    County
    Lake
    State
    Indiana
    Longitude
    -87.448312
    Latitude
    41.649106

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated 11-unit building with immediate cash flow potential.
    Where is this apartment building located?
    The property is located at 3501 Fir St East Chicago, IN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Renovated 11-unit building offering immediate cash flow.; - Updated systems, interiors, and finishes throughout the building.; - Mix of occupied and vacant units provides immediate income and growth potential.
    (219) 200-5733
    Request Owner's contact information
    3501 Fir St East Chicago, IN 46312
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    East Chicago, IN 46312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3501 Fir St East Chicago, IN 46312
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