5001 Magoun Avenue, East Chicago, IN 46312
- Added:
- Oct 9, 2025
- Days on Market:
- 262
- Last Refresh:
- Jun 27 at 7:06 am
Property Features for 5001 Magoun Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 7, Bedroom 9, Bathroom 4, Bedroom 4, Bedroom 8, Basement
- Parking
- 4
- Parking features
- Driveway
- Pets allowed
- Yes, Cats OK, Dogs OK
- Basement
- Unfinished
- Appliances
- Gas Range, Refrigerator
- Standard status
- Active
- APN
- 450332133001000024
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- SUBDIV. NW. S.32 T.37 R.9 ALL L.44 BL.2 AND L.45 BL.2
- Tax Annual Amount
- 3586
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
Listing agent Michael Dailey License #RB22000487 (312) 259-1126
Listing office Listing Leaders 410 Lincolnway, Valparaiso, IN (219) 462-5478
Listing date Oct 9, 2025
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.
HighLights
- 4‑unit property with public water and public sewer service
- Three of four units have been recently updated
- Tenants placed within the past 24 months through screening (criminal background, credit, and employment verification)
- Natural gas baseboard heating
- Appliances include gas range and refrigerator
- Driveway parking
Overview
The property is located at 5001 Magoun Avenue in East Chicago, Indiana (Lake County). The remarks indicate that all tenants were placed within the past 24 months using a screening process that included criminal background, credit, and employment verification.
For investors or owner-operators seeking a small residential income asset, the combination of partial interior updates and recently placed, screened tenants can support a more hands-on-ready approach to managing day-to-day operations. Professional management practices are referenced in the remarks, which may appeal to buyers looking for a managed setup rather than a purely absentee strategy. The property is listed for sale at $445,000; no building size details were provided.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- East Chicago
- County
- Lake
- State
- Indiana
- Longitude
- -87.481794
- Latitude
- 41.622985
