
3931 Grace Street, East Chicago, IN 46312
Inland Sub · Lake County
Key Facts
Description
Turnkey, income-producing 2 unit fully rented! Each updated unit features 2 bedrooms, a spacious living room, kitchen, and full bath with reliable rental income already in place. This property is an outstanding investment opportunity with immediate cash flow. Add this solid income property to your portfolio today! Property is being sold As-Is.
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Year Built
1926
Living Area
2,508 sq ft
Lot Size
0.10 acres
Days on Market
8
MLS® Listing#
841908
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Lot Features
Sewer
Water Source
Financial Details
Annual Taxes
$726
Tax year 2024
Assessed Value
$88,400
Parcel Number
450322478016000024
Directions
Cline Ave North to Airport Rd West to Grace St.
Affordability Calculator
$36,980
Estimated monthly payment
$984/mo
Principal $147,920 · Est. interest $206,362 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in East Chicago, IN
- 37
- Median Days on Market
- 2,028
- Median Sq Ft
- $101
- Median Price / Sq Ft
- 25
- Active Listings
- Its price per sq ft is 27% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in East Chicago, IN.
Location
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Points of Interest in East Chicago, IN
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4916 Northcote Avenue, East Chicago, IN | $129,900 | 4 | 1 | 2,622 |
| 4916 Northcote Avenue, East Chicago, IN | $129,900 | 4 | 1 | 2,622 |
| 5008 Alexander Avenue, East Chicago, IN | $132,500 | 4 | 2 | 2,173 |
| 4008 Fir Street, East Chicago, IN | $174,999 | 2 | 2 | 1,600 |
| 4908 Northcote Avenue, East Chicago, IN | $179,900 | 4 | 2 | 1,620 |
| 3936 Pulaski Street, East Chicago, IN | $185,000 | 4 | 2 | 1,344 |
Moving Cost Estimate
EXIT Agents in East Chicago
Listing Courtesy: McColly Real Estate - 2193225508
Presented by: Estela Lopez
Last Updated: 2026-07-06














