Listing provided courtesy of Favela Real Estate, LLCNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 840619MLS Provider

4941 Northcote AvenueEast Chicago, IN 46312

Multi-Family · 4 Beds · 2 Full Baths · 0.10 Acres
$199,900 Active

4941 Northcote Avenue Overview

Time on Site:
17 days
Visits:
0

Calling all investors, rehabbers, and owner-occupants looking to build equity! Zoned R-4, and subject to buyer verification and City approvals. This solid brick duplex offers tremendous upside potential and multiple value-add opportunities. Featuring two spacious units, each unit includes 2 bedrooms, a kitchen, dining room, walk-in pantry, and an additional flex room that can be utilized as an office, den, storage space, or other permitted use. The full basement presents a unique opportunity for additional income potential. Zoned R-4, and subject to buyer verification and City approvals, the basement may offer the possibility of conversion into a third unit. Whether you choose to create additional rental income, provide tenant storage and laundry facilities, or customize the space to fit your investment strategy, the possibilities are plentiful. The walk-up attic provides abundant storage space with easy stair access, while the detached 2-car concrete garage facing the alley offers additional tenant parking, storage, or workspace options. Nearby Amenities convenient access to major highways including I-90 (Indiana Toll Road), I-80/94, and Cline Avenue for commuting throughout Northwest Indiana and Chicago. Minutes from the NICTD South Shore - East Chicago Station providing rail access to Downtown Chicago and South Bend. Close to Kosciuszko Park, Tod Park, and the East Chicago Parks system offering recreational opportunities, playgrounds, sports facilities, and outdoor activities. Near Jeorse Park Beach on Lake Michigan featuring beach access, playgrounds, and recreational amenities.

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4941 Northcote Avenue Facts & Features

  • Type Multi-Family
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • New Construction: false
  • Year Built: 1915

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: NW1/4
  • Township: North

Rent/Lease Information

  • Rent Includes: Other

Tax Information

  • Tax Annual Amount: 1781.66
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 450332127019000024
  • Pets Allowed: No
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Special Listing Conditions: Agent Owned

Interior

Parking Information

  • Garage Spaces: 2
  • Garage: true

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 2332

General Information

  • Appliances: Gas Range,Refrigerator,Gas Water Heater
  • Fireplace: false
  • Heating: Hot Water,Individual Unit,Unit Control,Natural Gas
  • Interior Features: Ceiling Fan(s),Walk-In Closet(s),Pantry,Laminate Counters,Eat-in Kitchen
  • Levels: Two
  • Living Area Source: Assessor
  • Rooms Total: 10
  • Window Features: Insulated Windows

Exterior

Parking Information

  • Parking Features: Additional Parking,Detached,Paved,On Street,Garage Faces Rear,Alley Access

Lot Information

  • Lot Features: Back Yard,Paved,Front Yard,Few Trees
  • Lot Size Acres: 0.1028
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4480
  • Water Source: Public

Waterfront/View

  • View: Neighborhood,Trees/Woods
  • Waterfront: false

Building Exterior/Construction

  • Patio And Porch Features: Enclosed,Rear Porch,Front Porch

General Information

  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Water Available,Sewer Available,Natural Gas Available

4941 Northcote Avenue Neighborhood

Community

46312 (East Chicago) Demographics

35
Median Age
1,966
Population Density (per sq. mile)
18%
College Educated
$35,396
Estimated Median Income
4,665
Estimated Total Home Owners
5,980
Estimated Total Renters
44% / 56%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4941 Northcote Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4941 Northcote Avenue Market Data

Based on the last 30 days in this zip code

$176,748
Average List Price
$93
Average Price per Square Foot
6
Properties Sold
86
Average Days on Market
26
Properties for Sale
Calculations provided by Reliance Network

4941 Northcote Avenue History

Date Event Value Agent
6/12/2026Source: Northwest Indiana MLS Added to Database
June 12, 2026