3501 Fir Street, East Chicago, IN 46312 (MLS# 830647)

3501 Fir Street, East Chicago, IN 46312

$1,100,000

Property Type: Residential Income Lot Size (sq. ft.): 4,305 Status: Closed

Current Price: $1,100,000 List Date: 11/11/2025 Last Modified: 4/10/2026

Overview

Description

Renovated 11-Unit Building with Immediate Cash Flow! Solid income-producing opportunity with a mix of occupied and vacant units ready for immediate cash flow and long-term growth. This fully renovated 11-unit building offers updated systems, interiors, and finishes throughout—providing strong rental appeal and minimizing upfront maintenance. With a stable tenant base and room to optimize rents through management or repositioning, this property delivers reliable income today and upside for investors focused on portfolio expansion.

Listing Details MLS# 830647

General Property Information

New Construction YN: No
Number Of Units Total: 11
Above Grade Finished Area: 9152
Living Area Source: Assessor
Year Built: 1921
Garage YN: No
Lot Size Acres: 0.0988
Lot Size Square Feet: 4305
Lot Size Source: Assessor
Association YN: No
Waterfront YN: No
Basement YN: Yes
Fireplace YN: No

Property Features

Appliances: None Basement: Finished Cooling: Other Exterior Features: None Heating: Forced Air; Individual; Natural Gas Interior Features: Entrance Foyer; Open Floorplan Levels: 3-Sty or more Listing Terms: Cash; Other Lock Box Information: SentriLock Lot Features: Corner Lot Owner Pays: Other Parking Features: On Street Pets Allowed: Call Pool Features: None Possession: Close Of Escrow Rent Includes: All Utilities; Electricity; Gas; Sewer; Water Sewer: Public Sewer Special Listing Conditions: None Tenant Pays: All Utilities Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Neighborhood Water Source: Public

Contract Information

Auction YN: No
Original List Price: 1200000
Property Sub Type: Apartment
Listing Agreement: Exclusive Right To Sell
Seller to consider offering concessions: No
Occupant Type: Tenant

Location Tax and Legal

Street Number: 3501
Street Name: Fir
Street Suffix: Street
County: Lake
State: IN
Postal Code: 46312
Subdivision Name: Indiana Harbor

Remarks and Miscellaneous

Public Remarks: Renovated 11-Unit Building with Immediate Cash Flow! Solid income-producing opportunity with a mix of occupied and vacant units ready for immediate cash flow and long-term growth. This fully renovated 11-unit building offers updated systems, interiors, and finishes throughout—providing strong rental appeal and minimizing upfront maintenance. With a stable tenant base and room to optimize rents through management or repositioning, this property delivers reliable income today and upside for investors focused on portfolio expansion.

Status Change Information

Major Change Timestamp: 2026-04-10T16:05:18Z
Major Change Type: Status Change
Status Change Timestamp: 2026-04-10
Offer Acceptance Date: 2026-02-02
Close Date: 2026-04-09
Close Price: 1100000
Concessions: Yes
Buyer Financing: Other

More Information

Exemption Information

Exemption YN: No

Unit Details

Number Of Efficiencies: 11
Number Of Two Bedroom Units: 8
Number Of Three Bedroom Units: 3

Unit 1

Unit Description: Basement 1
Unit Number: Yes
Occupied YN: No
Rent: 1295
# Of Bedrooms: 3
# Of Bathrooms: Yes

Unit 2

Unit Description: Basement 2
Unit Number: 2
Occupied YN: No
Rent: 1295
# Of Bedrooms: 3
# Of Bathrooms: Yes

Unit 3

Unit Description: Unit 101
Unit Number: 101
Occupied YN: Yes
Rent: 995
# Of Bedrooms: 2
# Of Bathrooms: Yes

Unit 4

Unit Description: Unit 102
Unit Number: 102
Occupied YN: Yes
Rent: 995
# Of Bedrooms: 2
# Of Bathrooms: Yes

Unit 5

Unit Description: Unit 103
Unit Number: 103
Occupied YN: Yes
Rent: 956
# Of Bedrooms: 2
# Of Bathrooms: Yes

Unit 6

Unit Description: Unit
Unit Number: 201
Occupied YN: No
Rent: 995
# Of Bedrooms: 2
# Of Bathrooms: Yes

Unit 7

Unit Description: Unit 202
Unit Number: 202
Occupied YN: Yes
Rent: 995
# Of Bedrooms: 2
# Of Bathrooms: Yes

Unit 8

Unit Description: Unit 203
Unit Number: 203
Occupied YN: Yes
Rent: 995
# Of Bedrooms: 2
# Of Bathrooms: Yes

Unit 9

Unit Description: Unit 301
Unit Number: 301
Occupied YN: Yes
Rent: 995
# Of Bedrooms: 2
# Of Bathrooms: Yes

Unit 10

Unit Description: Unit 302
Unit Number: 302
Occupied YN: Yes
Rent: 995
# Of Bedrooms: 2
# Of Bathrooms: Yes

Unit 11

Unit Description: Unit 303
Unit Number: 303
Occupied YN: No
Rent: 1295
# Of Rooms: 3
# Of Bathrooms: Yes

Showing Requirements

Showing Instructions: Showings on vacant units only. Units 303, 201, B1, B2

Location, Tax, and Legal

Tax Annual Amount: 6972
Tax Year: 2025
Tax Legal Description: INDIANA HARBOR L.1 BL.62
Parcel Number: 450322158001000024
Township: North
Directions: Columbus to Fir. North. Property on corner of 135th and Fir
Cross Street: E 135th

Appliances

None: Yes

Basement

Finished: Yes

Cooling

Other: Yes

Exterior Features

None: Yes

Heating

Forced Air: Yes
Individual: Yes
Natural Gas: Yes

Interior Features

Entrance Foyer: Yes
Open Floorplan: Yes

Levels

3-Sty or more: Yes

Listing Terms

Cash: Yes
Other: Yes

Lock Box Information

SentriLock: Yes

Lot Features

Corner Lot: Yes

Parking Features

On Street: Yes

Pool Features

None: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

None: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

Neighborhood: Yes

Water Source

Public: Yes

Owner Pays

Other: Yes

Pets Allowed

Call: Yes

Rent Includes

All Utilities: Yes
Electricity: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Tenant Pays

All Utilities: Yes

Listing Office: Simplify Your Move! Realty Inc

Last Updated: April - 10 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Why Create a Portal account?