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118 N Lake Avenue, Michigan City, IN 46360
$1,065,000
Property Type:
Residential Income
Bedrooms:
6
Lot Size (sq. ft.):
3,375
Status:
Closed
Current Price:
$1,065,000
List Date:
8/08/2025
Last Modified:
11/01/2025
Overview
Description
...
(Read more)
Introducing Beachside Four, a completely renovated, turn-key 4-Unit Investment Property located in the heart of the highly sought after Sheridan Beach neighborhood of Michigan City. Just 20 short feet from the Stop 2 Beach Access point, this premier location offers instant access to the shores of Lake Michigan, where sunsets, singing sands, and lake breezes set the scene for unforgettable memories for all. This bright and stylish building features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, each offering great floor plans, stainless steel appliances, and inviting indoor-outdoor living with private decks and patios. Whether you choose to rent each unit individually or offer the entire building to large groups, the flexibility is unmatched with ability to sleep up to 14. With plenty of parking and proximity to area favorites like the beach, marina, and Washington Park Zoo, Beachside Four presents an incredible opportunity to own a high-demand property in one of the region's most vibrant lakefront communities. Being offered truly Turn-Key. Everything you see will remain. Don't wait, schedule your showing today. Welcome to 118 N Lake Avenue!
Listing Details MLS# 825677
General Property Information
- New Construction YN
- No
- Number Of Units Total
- 4
- Bedrooms Total
- 6
- Bathrooms Full
- 4
- Rooms Total
- 14
- Above Grade Finished Area
- 2706
- Living Area Source
- Assessor
- Year Built
- 1960
- Garage YN
- No
- Parking Total
- 67
- Lot Size Acres
- 0.0775
- Lot Size Square Feet
- 3375
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Fireplace YN
- No
Property Features
Appliances:
Dishwasher; Dryer; Gas Range; Microwave; Refrigerator; Stainless Steel Appliance(s); Washer
Basement:
Unfinished
Cooling:
Ceiling Fan(s); Central Air; Unit Control; Zoned
Exterior Features:
Rain Gutters
Heating:
Forced Air; Natural Gas; Unit Control; Zoned
Interior Features:
Ceiling Fan(s); Eat-in Kitchen; Kitchen Island; Open Floorplan; Stone Counters
Levels:
2-Sty
Listing Terms:
Cash; Conventional
Lock Box Information:
Combo
Lot Features:
Landscaped
Owner Pays:
All Utilities
Parking Features:
Driveway; Gravel; On Street; Paved
Patio And Porch Features:
Deck; Patio
Pets Allowed:
Call
Possession:
Negotiable
Roof:
Asphalt; Shingle
Sewer:
Public Sewer
Special Listing Conditions:
Standard
Tenant Pays:
None
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 1195000
- Property Sub Type
- Quadruplex
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 118
- Street Direction Prefix
- N
- Street Name
- Lake
- Street Suffix
- Avenue
- County
- La Porte
- State
- IN
- Postal Code
- 46360
- Subdivision Name
- Sheridan Beach Pk/Add
Remarks and Miscellaneous
- Public Remarks
- Introducing Beachside Four, a completely renovated, turn-key 4-Unit Investment Property located in the heart of the highly sought after Sheridan Beach neighborhood of Michigan City. Just 20 short feet from the Stop 2 Beach Access point, this premier location offers instant access to the shores of Lake Michigan, where sunsets, singing sands, and lake breezes set the scene for unforgettable memories for all. This bright and stylish building features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, each offering great floor plans, stainless steel appliances, and inviting indoor-outdoor living with private decks and patios. Whether you choose to rent each unit individually or offer the entire building to large groups, the flexibility is unmatched with ability to sleep up to 14. With plenty of parking and proximity to area favorites like the beach, marina, and Washington Park Zoo, Beachside Four presents an incredible opportunity to own a high-demand property in one of the region's most vibrant lakefront communities. Being offered truly Turn-Key. Everything you see will remain. Don't wait, schedule your showing today. Welcome to 118 N Lake Avenue!
Status Change Information
- Major Change Timestamp
- 2025-11-01T13:34:57Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2025-10-01T00:56:51Z
- Status Change Timestamp
- 2025-11-01
- Offer Acceptance Date
- 2025-10-06
- Close Date
- 2025-10-31
- Close Price
- 1065000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Exemption Information
- Exemption YN
- No
Unit Details
- Number Of One Bedroom Units
- 2
- Number Of Two Bedroom Units
- 2
Unit 1
- Unit Description
- Unit 1 (Main Level)
- Floor Level
- Yes
- # Of Rooms
- 3
- # Of Bedrooms
- Yes
- # Of Bathrooms
- Yes
- # Of Full Baths
- Yes
Unit 2
- Unit Description
- Unit 2 (Main Level)
- Unit Number
- 2
- Floor Level
- Yes
- # Of Rooms
- 4
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
- # Of Full Baths
- Yes
Unit 3
- Unit Description
- Unit 3 (Upper Level)
- Floor Level
- 2
- # Of Rooms
- 3
- # Of Bedrooms
- Yes
- # Of Bathrooms
- Yes
Unit 4
- Unit Description
- Unit 4 (Upper Level)
- Floor Level
- 2
- # Of Rooms
- 4
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
Showing Requirements
- Showing Instructions
- Active Short-Term Rental. Contact Listing Agent for available time(s) between Rentals/Cleaning.
Location, Tax, and Legal
- Tax Annual Amount
- 6930
- Tax Year
- 2024
- Tax Legal Description
- 42-01-21-309-007 SHER BCH E 1/2 LT 1 & N 1/2 E 1/2 LT 2 BLK 7.
- Parcel Number
- 460121309007000022
- Township
- Michigan
- Directions
- Lake Shore Drive to California Avenue. Right onto Colfax Avenue. Property will be on your right.
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Gas Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Stainless Steel Appliance(s)
- Yes
- Washer
- Yes
Basement
- Unfinished
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
- Unit Control
- Yes
- Zoned
- Yes
Exterior Features
- Rain Gutters
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
- Unit Control
- Yes
- Zoned
- Yes
Interior Features
- Ceiling Fan(s)
- Yes
- Eat-in Kitchen
- Yes
- Kitchen Island
- Yes
- Open Floorplan
- Yes
- Stone Counters
- Yes
Levels
- 2-Sty
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lock Box Information
- Combo
- Yes
Lot Features
- Landscaped
- Yes
Parking Features
- Driveway
- Yes
- Gravel
- Yes
- On Street
- Yes
- Paved
- Yes
Patio And Porch Features
- Deck
- Yes
- Patio
- Yes
Possession
- Negotiable
- Yes
Roof
- Asphalt
- Yes
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Water Source
- Public
- Yes
Owner Pays
- All Utilities
- Yes
Pets Allowed
- Call
- Yes
Tenant Pays
- None
- Yes
Listing Office:
@properties/Christie's Intl RE
Last Updated: November - 01 - 2025
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