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Two-Unit Residential Income Property

207 Chicago Street Michigan City, IN 46360

207 Chicago Street, Michigan City, IN, 46360
Contact for pricing
For Sale
Contact for pricing

Two gutted homes with new vinyl siding and one-year-old roofs on a corner lot near downtown.

Days on Market51

Property Features for 207 Chicago Street

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1870
Listing agency @properties/Christie's International Real Estate
Listed by Michael M Conner · License #IN
Source Crexi
Added: Jun 1 Updated: Jul 21 at 5:13AM Checked: Jul 21 at 5:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of @properties/Christie's International Real Estate


Investment Insights

Based on property information with market context.

This two-unit residential income property includes a larger two-story home and a smaller cottage, each currently gutted inside and ready for redevelopment. Both properties have had new vinyl siding installed and one-year-old roofs put in place. Foundation work has also been completed within the last year for both structures, giving the next owner a clean start for interior buildout.

The property sits on a unique corner lot in a quiet neighborhood and is positioned close to downtown. It is across the street from Lighthouse Mall and located across from a church, with a daycare next door. The surrounding area is described as changing, including some short-term vacation rentals.

For more information or to schedule a showing, please contact Eric Torness.

Key Highlights

  • Two homes on one corner lot: larger two‑story on Chicago St. and smaller cottage on Elston St.
  • Both properties are gutted inside with new vinyl siding and one‑year‑old roofs.
  • Foundation work completed within the last year for both the two‑story home and the cottage.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Auto Parts Store Big Box & Wholesale Store HVAC Service Dental Office (Bike/Boat/Book/etc) Store Garden Center Electrical Service Accounting Firm Locksmith (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two gutted homes with new vinyl siding and one-year-old roofs on a corner lot near downtown.
Where is this duplex located?
The property is located at 207 Chicago Street Michigan City, IN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two homes on one corner lot: larger two‑story on Chicago St. and smaller cottage on Elston St.; Both properties are gutted inside with new vinyl siding and one‑year‑old roofs.; Foundation work completed within the last year for both the two‑story home and the cottage.
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