Unlock the immense potential of this unique investment property, which features a charming single-family home, an active church, and a spacious building ideal for a gymnasium or versatile flex space. The cozy, livable residence offers a perfect opportunity for a family or as a rental income source. With some minor updates, this home can be transformed into a welcoming space that maximizes its rental potential, catering to a growing demand in the area.The well-maintained church is currently operational, providing a steady income stream while serving as a vital community hub for events, gatherings, and worship services. Its ongoing use not only enhances the property's value but also fosters community connections, making it an attractive option for investors seeking stability and growth.At the rear of the property, the expansive building offers incredible versatility. Imagine it as a gymnasium, community center, or event venue tailored to meet local needs--whatever aligns with your vision. This property is a rare find, blending residential, commercial, and community elements in one ideal location.Situated conveniently near shopping, transportation, and major thoroughfares, this property benefits from high visibility and accessibility, making it appealing to both tenants and visitors. With opportunities for value appreciation through renovations and the potential for diverse income generation, this investment property is truly a canvas waiting for your creative touch. Don't miss out on this exceptional opportunity--contact us today for a viewing and take the first step toward unlocking its full potential
Off market
$224,100
4822 Kennedy Ave, East Chicago, IN 46312
4beds
3,012sqft
Single Family Residence
Built in 1921
0.33 Acres Lot
$224,100 Zestimate®
$74/sqft
$-- Estimated rent
What's special
Zillow last checked: August 15, 2025 at 12:06am
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate,MLS#: 810682
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Features
- Has fireplace: No
Interior area
- Total structure area: 3,012
- Total interior livable area: 3,012 sqft
Property
Features
- Has view: Yes
Lot
- Size: 0.33 Acres
Details
- Parcel number: 450328383031.000024
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1921
- Major remodel year: 1921
Community & neighborhood
Location
- Region: East Chicago
- Subdivision: Marked Laid Down
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$224,100
2% more+ $4,482
With Zillow Showcase(estimated)
$228,582