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    612 W 149Th St East Chicago, IN 46312

    Sponsored
    For Sale
    $350,000

    MULTI_FAMILY - East Chicago, IN

    Lot size:
    0.17 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for 612 W 149Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 7, Bathroom 4, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 5
    Bedrooms
    7
    Bathrooms
    5
    APN
    450329454028000024
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1927

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Sofia Espinoza (219) 779-4128

    Listing date Jan 6, 2026

    MLS# 832002 Listing URL

    Copyright © 2026 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

    Two Homes, One Parcel

    This unique property features two separate brick homes on one parcel. The first home, located at 614, is a 3,148 square foot tri-level with 4 bedrooms and 2.5 bathrooms, including a sunroom, family room, and second kitchen in the lower level. The second home, located at 612, is a 2,215 square foot bi-level with 3 bedrooms and 3 bathrooms, plus a basement unit with 1 bedroom, a kitchen, and a bath. Both units are currently leased, providing immediate cash flow. The property is conveniently located with easy access to Downtown Chicago, offering commuter-friendly access. The property offers strong income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    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
    -87.479006
    Latitude
    41.625082

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    FAQs

    What type of property is this?
    Specialty property - Two separate homes on one parcel with income potential.
    Where is this specialty property located?
    The property is located at 612 W 149Th St East Chicago, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Two separate homes on one parcel offer multi-generational living or investment potential.; - Immediate cash flow from currently leased units.; - Convenient location with easy access to Downtown Chicago.
    (219) 779-4128
    Request Owner's contact information
    612 W 149Th 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
    612 W 149Th St East Chicago, IN 46312
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