3807 Butternut Street

East Chicago, IN 46312

$259,000
Price
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This 4-plex offers two-bedroom, one-bath units, generating a current monthly income of $2,700 with one vacancy. It includes one month-to-month tenant, a lease expiring in May 2025, and another in September 2025. Tenants are responsible for gas and electric, while the owner covers water, sewer, and trash. Located in a desirable East Chicago neighborhood, this property is an excellent opportunity for investors looking to take advantage of strong rental demand.This 4-plex offers two-bedroom, one-bath units, generating a current monthly income of $2,700 with one vacancy. It includes one month-to-month tenant, a lease expiring in May 2025, and another in September 2025. Tenants are responsible for gas and electric, while the owner covers water, sewer, and trash. Located in a desirable East Chicago neighborhood, this property is an excellent opportunity for investors looking to take advantage of strong rental demand.
  1. Listed by Xever Lemieux • Ellsbury Commercial Group LLC
    P: (219)-384-7994 C: (219)-384-7994 Xever@ellsburygroup.com
  2. Listed by Andrew Page • Ellsbury Commercial Group LLC
    P: (630)-251-4246 C: (630)-251-4246 andypage201@yahoo.com

Property Details for 3807 Butternut Street

Zoning
Residential
Subdivision
Indiana Harbor 2nd Add
Pets Allowed
Yes
LISTING UPDATED: 11/12/2024 01:56 PM

Property Details for 3807 Butternut Street

StatusActive
MLS #811384
Days on Market27
Taxes$3,440 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1922
Lot Size0.10 AC / 4,312 SF
CountyLake County

Building Information for 3807 Butternut Street

Stories-Residences4Year Built1922Building Size-Lot Size0.10 AC / 4,312 SF

Property Information for 3807 Butternut Street

Summary
Location and General Information
  • City/Town: East Chicago
  • State: IN
  • Township: North
  • ZIP: 46312
  • Latitude: 41.64
  • Longitude: -87.44
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $3,440.00
  • APN/Key #: 450322408003000024
  • Tax Year: 2023
  • Tax Legal Description: 2ND ADD. IND. HARBOR L.4 BL.11
School Information
  • High School: East Chicago Central High School
  • School District: City of East Chicago
Parking
  • Garage Description: Concrete
Property
Lot Information
  • Lot Square Footage: 4,312.00
  • Acres: .10
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Year Built: 1922
  • Lot Description: City Lot
Utilities
  • Electric: Separate Meters
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Foundation Details: Concrete Perimeter
  • Levels: Two
Interior Features
  • Appliances: Oven, Refrigerator
  • Basement Type: Concrete
  • Basement: No
  • Total Full Baths: 4
  • Basement Sq Ft: 0.0
  • Cooling: Multi Units, Window Unit(s)
  • Flooring: Carpet, Tile, Luxury Vinyl, Laminate
  • Heat Type: Steam
  • Interior Features: None
Multi Family
Multi-Family Information
  • # of Units: 4

Property History for 3807 Butternut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3807 Butternut Street

Taxable ValueLand$16,900Additions$155,100Total$172,000
Tax Record2023$8,209 ($684 / month)
Home Facts
Total Finished SqFt5,256 SqFtAbove Grade Finished SqFt5,256 SqFtStories3Lot Size4,312 SqFtStyleMulti-Family Res (5+ Units)Year Built1922CountyLAKEAPN45-03-22-408-003.000-024

Schools near 3807 Butternut Street

This home is within School City Of East Chicago.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
George Washington Elementary School
PublicK to 6

Joseph L Block Jr High School
Public7 to 8

East Chicago Central High School
Public9 to 12

Benjamin Harrison Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3807 Butternut Street is a multi-family home for sale in East Chicago, IN 46312. This property was listed for sale on October 8, 2024 by Ellsbury Commercial Group LLC, it's currently listed at $259,000. It has been on the market for a total of 27 days and was last sold on September 11, 2019. This listing's school district is School City Of East Chicago. Nearby schools include George Washington Elementary School, Joseph L Block Jr High School and East Chicago Central High School. 3807 Butternut Street is a 0-bed, 4-bath, multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ellsbury Commercial Group LLC

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.