4822 Kennedy Avenue East Chicago, IN 46312
Unlock the immense potential of this unique investment property, which features a charming single-family home, an active church, and a spacious building ideal for a gymnasium or versatile flex space. The cozy, livable residence offers a perfect opportunity for a family or as a rental income source. With some minor updates, this home can be transformed into a welcoming space that maximizes its rental potential, catering to a growing demand in the area.The well-maintained church is currently operational, providing a steady income stream while serving as a vital community hub for events, gatherings, and worship services. Its ongoing use not only enhances the property's value but also fosters community connections, making it an attractive option for investors seeking stability and growth.At the rear of the property, the expansive building offers incredible versatility. Imagine it as a gymnasium, community center, or event venue tailored to meet local needs--whatever aligns with your vision. This property is a rare find, blending residential, commercial, and community elements in one ideal location.Situated conveniently near shopping, transportation, and major thoroughfares, this property benefits from high visibility and accessibility, making it appealing to both tenants and visitors. With opportunities for value appreciation through renovations and the potential for diverse income generation, this investment property is truly a canvas waiting for your creative touch. Don't miss out on this exceptional opportunity--contact us today for a viewing and take the first step toward unlocking its full potential!
- Property TypeSingle Family Home
- NeighborhoodMarked Laid Down
- CountyLake
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site23 Days
- MLS StatusActive
- MLS ID Number810682
- Home Size Source Assessor
- Year Built1921
- Lot Size0.326 Acres
- Full Baths1
- Partial Baths1
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General Features
- Style Bungalow
- Parking AsphaltPavedOff StreetGatedDrivewayCommon
- Sewer Public Sewer
- Electric 200+ Amp ServiceCircuit Breakers220 Volts
- Basement ConcreteStorage SpaceUnfinishedFull
- Number of Stories 2
- Acreage 0.326
- Water Public
- Zoning Residential
- Property Sub Type Single Family Residence
- Utilities Electricity ConnectedSewer ConnectedWater ConnectedNatural Gas Connected
Interior Features
- Heating Forced AirNatural Gas
- Appliances Free- Standing Gas RangeMicrowaveRefrigeratorFree- Standing Refrigerator
- Interior Open Floorplan
- Laundry Features InsideLaundry Room
- Fireplace No
Exterior Features
- View Neighborhood
- Fencing Chain Link
- Pool Features None
- Waterfront Property No
- Exterior None
- Lot City LotLevel
- Patio And Porch Front Porch
Community Features
- Township North
- Community Features SidewalksStreet Lights
- Senior Community No