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    5010 Magoun Ave East Chicago, IN 46312

    New
    For Sale
    $122,000

    MULTI_FAMILY - East Chicago, IN

    Lot size:
    0.08 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 12 at 5:06 am

    Property Features for 5010 Magoun Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Basement
    Bedrooms
    4
    APN
    450332132018000024
    Parking features
    Alley
    Patio and Porch features
    Porch
    Pets allowed
    Call
    Interior features
    Entrance Foyer
    Exterior features
    Private Yard
    Basement
    Walk-Out Access, Unfinished
    Lot size
    0.08 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1908
    Floors in Building
    2

    eXp Realty (812) 734-6048 [email protected]

    Listing agent Sejla Harbas (219) 916-8787

    Listing date Dec 11, 2025

    MLS# 825171 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

    Vacant Two-Unit Property

    This vacant two-unit property is located in a sought-after neighborhood with strong rental demand. Each unit offers generous space and possibilities for renovation to maximize rental income. The property includes a private, fenced yard and a full walk-out basement suitable for storage and laundry facilities. Situated within walking distance of shops, restaurants, transit, and local amenities, the location ensures long-term value and tenant appeal. The lot size is 0.0803 acres. The property is sold AS IS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    East Chicago
    County
    Lake
    State
    Indiana
    Longitude
    -87.482598
    Latitude
    41.622751

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    FAQs

    What type of property is this?
    Duplex - Two-unit property in a sought-after neighborhood with strong rental demand.
    Where is this duplex located?
    The property is located at 5010 Magoun Ave East Chicago, IN.
    What is the asking price?
    The asking price for this property is $122,000.
    What are key features of this property?
    This property features: - High-demand rental location near shops, restaurants, transit, and amenities; - Two-unit property offering income potential; - Full walk-out basement suitable for storage and laundry
    (219) 916-8787
    Request Owner's contact information
    5010 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
    5010 Magoun Ave East Chicago, IN 46312
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