9201 Kennedy Avenue, Highland, IN 46322
$1,350,000
Property Type:
Commercial Sale
Square Footage:
8,202
Lot Size (sq. ft.):
12,458
Status:
Pending
Current Price:
$1,350,000
List Date:
5/05/2026
Last Modified:
6/06/2026
Overview
Description
Listing Details MLS# 838266
General Property Information
- Number Of Units Total
- 9
- Living Area
- 8202
- Building Area Source
- Assessor
- Year Built
- 1969
- Parking Total
- 16
- Lot Size Acres
- 0.286
- Lot Size Square Feet
- 12458
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- Yes
- Stories
- 3
Property Features
Basement:
Other
Building Features:
Balcony; Other
Business Type:
Other
Construction Materials:
Brick
Cooling:
Central Air
Current Use:
Multi-Family; See Remarks
Electric:
100 Amp Service
Exterior Features:
Balcony
Heating:
Forced Air
Listing Terms:
Cash; Other
Lock Box Information:
Call Listing Office
Owner Pays:
Grounds Care; Insurance; Management; Snow Removal; Taxes; Trash Collection; Water; See Remarks
Parking Features:
Paved
Possession:
Close Of Escrow
Possible Use:
See Remarks
Rail Availability:
None
Roof:
Asphalt
Sewer:
Public Sewer
Special Listing Conditions:
None
Tenant Pays:
Electricity; Gas; See Remarks
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Other
View:
Neighborhood
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 1350000
- Property Sub Type
- Multi Family
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 9201
- Street Name
- Kennedy
- Street Suffix
- Avenue
- County
- Lake
- State
- IN
- Postal Code
- 46322
- Subdivision Name
- Wicker Blvd Add
Remarks and Miscellaneous
- Public Remarks
- We are pleased to present a rare and exceptional investment opportunity in a well-maintained 9-unit multifamily property located in the desirable Northwest Indiana community of Highland. This asset offers investors immediate in-place cash flow with additional upside through continued rent growth. The property features a desirable unit mix designed to appeal to a broad tenant base, providing stable occupancy and consistent demand. Many of the units have been updated with modern finishes. The property is situated in a strong suburban location with close proximity to shopping, dining, parks, schools, and major highways, the property offers residents convenience and accessibility to both Northwest Indiana and the greater Chicago metropolitan area. With Highland's strong rental fundamentals and limited supply this offering represents a compelling opportunity for investors seeking a turnkey multifamily asset with both dependable current income and future appreciation/rental growth potential.
Status Change Information
- Major Change Timestamp
- 2026-06-06T14:45:24Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2026-06-06
- Offer Acceptance Date
- 2026-06-06
More Information
Exemption Information
- Exemption YN
- No
Income and Expenses
- Gross Income
- 141339
- Net Operating Income
- 98597
Listing Office:
Ellsbury Group
Last Updated: June - 06 - 2026
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