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    5009 Magoun Ave East Chicago, IN 46312

    New
    For Sale
    $415,000

    Multi Family - East Chicago, IN

    Type:Single Family Attached
    Property size:
    5,636 SF
    Lot size:
    0.08 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 5009 Magoun Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Rooms
    Basement
    APN
    450332133004000024
    Parking features
    On Street
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    5,636 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1904
    Architectural style
    Other

    Integrity Realty Partners (219) 501-0404 [email protected]

    Listing agent Angela Manning (219) 501-0404 License #RB17000786

    Listing date Dec 4, 2025

    MLS# 831537 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

    Turnkey Multi-Unit Investment Property

    This multi-unit building features a solid exterior with classic brick detail and separate entrances for added privacy. The property contains four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. All units are fully rented with stable tenants, providing immediate income. Many updates have been completed throughout the years. The property has a strong rental history and consistent cash flow. This fully-occupied property delivers reliable returns with minimal turnover. The lot size is 0.08 acres and the property size is 5,636 square feet. The property is located in East Chicago, Indiana.
    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
    -87.481792
    Latitude
    41.622745

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    FAQs

    What type of property is this?
    Apartment building - Fully rented multi-unit building with stable tenants and immediate income.
    Where is this apartment building located?
    The property is located at 5009 Magoun Ave East Chicago, IN.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: - Fully rented with stable tenants, providing immediate income.; - Turnkey investment property requiring minimal effort from the new owner.; - Six units: **(4) 2-bedroom, 1-bath and (2) 1-bedroom, 1-bath.**
    (219) 501-0404
    Request Owner's contact information
    5009 Magoun Ave 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
    5009 Magoun Ave East Chicago, IN 46312
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