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Duplex with Finished Basement
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455 Woodlawn Avenue, Chesterton, IN 46304

Two-bedroom units, private yards, and updated mechanical and window systems support flexible owner-occupant use.

Property SizeContact for details
Days on Market8

Property Features for 455 Woodlawn Avenue

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Additional Details

Gross Income $16,800

Amenities

private backyards

Building Details

Year Built 1992
Buildings 1
Listing Agency: McColly Real Estate Chesterton
Listed By: Paul Boyter · License #IN-14020663
Source: Crexi
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 10 at 2:20PM

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 McColly Real Estate Chesterton

Investment Insights

Based on property information with market context.

Built in 1992, this duplex includes two residential units, each with 2 bedrooms and 2 bathrooms. The 455 side features a finished basement that expands its usable living and entertaining area, along with a new air conditioner and appliances replaced last year. New windows were installed in 2025. Both units have large private backyards suitable for outdoor use.

The property is located at 455 Woodlawn Avenue in Chesterton, near Lake Michigan beaches, downtown Chesterton, and the European Market. Access to the South Shore Line and I-94 supports regional commuting, with downtown Chicago approximately 45 minutes away. The layout combines an owner-occupied residence with a separate adjoining rental unit.

Key Highlights

  • Duplex with 2 bedrooms and 2 bathrooms in each unit
  • Finished basement included with the 455 side
  • New windows installed in 2025

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Barber Shop (Bike/Boat/Book/etc) Store Home Appliance Store Plumbing Service Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby

Demographics for 46304, IN

26,835
Population
11,521
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
96%
High-School Grad
57.8 sq mi
ZIP Area
464
Density / Sq Mi
$88,551
Median Household Income
$52,704
Median Earnings
$1,169
Median Rent
$278,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units, private yards, and updated mechanical and window systems support flexible owner-occupant use.
Where is this duplex located?
The property is located at 455 Woodlawn Avenue Chesterton, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Duplex with 2 bedrooms and 2 bathrooms in each unit; Finished basement included with the 455 side; New windows installed in 2025
(219) 789-1228 Call to check price and availability
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