557 W Chicago Street, Valparaiso, IN 46385 (MLS# 835989)

557 W Chicago Street, Valparaiso, IN 46385

$275,000

6-web-or-mls-DSC02063 - Living Room - Mi

8-web-or-mls-DSC02074 - Home Office - St

10-web-or-mls-DSC02083 - Dining Room - I

17-web-or-mls-DSC02119 - Bedroom - Indus

18-web-or-mls-DSC02123 - Bedroom - Scand

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,872 Lot Size (sq. ft.): 4,356 Status: Active

Current Price: $275,000 List Date: 3/25/2026 Last Modified: 5/28/2026

Overview

Description

Charming Downtown Valparaiso Home with Great Potential Located in the heart of downtown Valparaiso, this 3-bedroom, 2-bath home offers convenience and opportunity. Enjoy being just minutes from shopping, dining, parks, and all that downtown has to offer. The home features a one-car garage, an office space ideal for working from home, and a functional layout with plenty of room to make it your own. With a little TLC, this property has great potential to become a beautiful downtown retreat. Don't miss your chance to bring your vision to life in this desirable location!

Listing Details MLS# 835989

General Property Information

New Construction YN: No
Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Three Quarter: Yes
Bathrooms Total: 3
Rooms Total: 8
Above Grade Finished Area: 1872
Below Grade Unfinished Area: 200
Living Area: 1872
Year Built: 1890
Garage YN: Yes
Garage Spaces: Yes
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Lot Size Source: Assessor
Association YN: No
Waterfront YN: No
Basement YN: Yes
Fireplace YN: Yes
Bathrooms Half: 0
Below Grade Finished Area: 0

Property Features

Appliances: Built-In Gas Range; Dishwasher; Dryer; Microwave; Refrigerator; Washer Basement: Crawl Space; Sump Pump; Other Cooling: Ceiling Fan(s); Central Air; Other Exterior Features: None Fireplace Features: Living Room Heating: Forced Air Interior Features: Ceiling Fan(s) Levels: 2-Sty Listing Terms: Cash; Conventional Lock Box Information: SentriLock Lot Features: Corner Lot Possession: Close Of Escrow Sewer: Public Sewer Special Listing Conditions: None View: Neighborhood Water Source: Public Room Types: Bedroom 2; Bedroom 3; Family Room; Kitchen; Living Room; Office; Primary Bedroom

Contract Information

Original List Price: 299999
Auction YN: No
Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant

Location Tax and Legal

Street Number: 557
Street Direction Prefix: W
Street Name: Chicago
Street Suffix: Street
County: Porter
State: IN
Postal Code: 46385
Subdivision Name: West Valparaiso

Remarks and Miscellaneous

Public Remarks: Charming Downtown Valparaiso Home with Great Potential Located in the heart of downtown Valparaiso, this 3-bedroom, 2-bath home offers convenience and opportunity. Enjoy being just minutes from shopping, dining, parks, and all that downtown has to offer. The home features a one-car garage, an office space ideal for working from home, and a functional layout with plenty of room to make it your own. With a little TLC, this property has great potential to become a beautiful downtown retreat. Don't miss your chance to bring your vision to life in this desirable location!

Status Change Information

Major Change Timestamp: 2026-05-05T19:06:11Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-05T19:06:11Z
Status Change Timestamp: 2026-03-25

More Information

Bathroom Totals

Main Full: Yes
Upper 3/4: Yes

Exemption Information

Exemption YN: No

Fireplace Features

Fireplaces Total: Yes
Living Room: Yes

Square Footage Information

Upper Level Finished SqFt: 586
Main Level Finished SqFt: 1286
Lower Level Finished SqFt: 0
Above Grade Unfinished SqFt: 0
Basement Level Finished SqFt: 0

Showing Requirements

Showing Instructions: Use showing time

Room Types

Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Family Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Office Level: Upper
Primary Bedroom Level: Main
Bedroom 2: Yes
Bedroom 3: Yes
Family Room: Yes
Kitchen: Yes
Living Room: Yes
Office: Yes
Primary Bedroom: Yes

Location, Tax, and Legal

School District: Valparaiso
Tax Annual Amount: 6016
Tax Year: 2024
Tax Assessed Value: 248700
Tax Legal Description: WEST VALPO W1/2 LOT 2 BLK 2
Parcel Number: 640923432001000004
Additional Parcels YN: No
Township: Center
Directions: Head south on Weston St from Lincolnway to Chicago. Home on corner of Weston and Chicago.

Appliances

Built-In Gas Range: Yes
Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Basement

Crawl Space: Yes
Sump Pump: Yes
Other: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Other: Yes

Exterior Features

None: Yes

Heating

Forced Air: Yes

Interior Features

Ceiling Fan(s): Yes

Levels

2-Sty: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lock Box Information

SentriLock: Yes

Lot Features

Corner Lot: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

None: Yes

View

Neighborhood: Yes

Water Source

Public: Yes

Room Information

Room Name	Level	Length	Width
Kitchen	Main	16.00	9.00
Living Room	Main	18.00	12.00
Family Room	Main	18.00	12.00
Sunroom	Main	10.00	12.00
Primary Bedroom	Main	17.00	10.00
Bedroom 2	Upper	15.00	10.00
Bedroom 3	Upper	17.00	12.00
Office	Upper	10.00	8.00

Listing Office: BHHS Executive Realty

Last Updated: May - 28 - 2026

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