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4822 Kennedy Ave 7,970 SF Specialty Building Offered at $520,950 CAD in East Chicago, IN 46312
Investment Highlights
- Features classic architectural elements that offer charm and character rarely found in the East Chicago area.
- Providing outdoor space and flexibility for future improvements.
- There is room to grow operations or reimagine the space for increased utilization and revenue opportunities.
- Special purpose/church use, the structure can accommodate congregations, meetings, and community events, making it suitable for many adaptive reuses.
- Allows for residential and related uses, with potential opportunities for redevelopment subject to zoning requirements.
Executive Summary
Introducing a prime opportunity for a Special Purpose/Church investor: 4822 Kennedy Ave, East Chicago, IN. This historic 10,524 SF building, constructed in 1921, o?ers a versatile canvas for your vision. Zoned R1A, the property's 50% occupancy presents an excellent foundation for growth. With ample space for congregation, meetings, and community events, this property boasts immense potential. This timeless structure with classic architectural elements is a rare find in the East Chicago area. Don’t miss the chance to bring new life to this distinctive property and create a lasting impact in the community.
Property Facts
| Price | $520,950 CAD | Lot Size | 0.33 AC |
| Price Per SF | $65.36 CAD | Building Size | 7,970 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1921/2023 |
| Property Subtype | Religious Facility | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | Commercial other - Commercial other | ||
| Price | $520,950 CAD |
| Price Per SF | $65.36 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 7,970 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1921/2023 |
| Opportunity Zone |
Yes |
| Zoning | Commercial other - Commercial other |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 45-03-28-383-031.000-024 | Improvements Assessment | $423,845 CAD |
| Land Assessment | $44,177 CAD | Total Assessment | $468,021 CAD |
Property Taxes
Parcel Number
45-03-28-383-031.000-024
Land Assessment
$44,177 CAD
Improvements Assessment
$423,845 CAD
Total Assessment
$468,021 CAD
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4822 Kennedy Ave
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