EAST CHICAGO, IN 46312

INVESTOR SPECIAL – EAST CHICAGO!Offers investors a solid value-add opportunity in a convenient East Chicago location. This 3-bedroom, 1-bath property with approximately 920 SF and a garage is ideal for a renovation, rental, or fix-and-flip strategy. With the right improvements, investors can unlock additional value while benefiting from strong demand for affordable housing in the area. Bring your contractors, run your numbers, and take advantage of the upside!

Transaction Details

• Walkthrough Date: Call for appointment
• Closing Date: 11/5/26
• Occupancy: Vacant
• Access instructions: Call for access
• Title company: Chicago Title Insurance Company
• Earnest money required: $5,000
• Proof of funds required: Yes

Property Condition

• Roof: has multiple layers of worn and damaged shingles, no gutters
• HVAC: Boiler is from 1971, Water heater is from 1994, no a/c
• Plumbing: Water and sewer lines are rusted 
• Electrical: Exposed wiring in basement. Active knob & tube wiring in
• Foundation: Areas of flaking and past leakage on foundation walls. Support columns are rusted
• Interior: Entire home will need patched and painted and new flooring
• Other Property Details: Kitchen and bathroom will need updating. Termite activity in basement and under the porch. 

Comparables

• 4855 Indianapolis Blvd., East Chicago, IN 46312; Closed price $198,000 3/11/26
• 4848 Baring Ave, East Chicago, IN 46312; Closed price $239,900 5/29/26
• 4805 Baring Ave., East Chicago, IN 46312; Closed price $250,000 9/5/25

Next Steps

• Contact Marilyn at 708-960-8066 for more information
• Schedule a property walkthrough
• Make an offer directly on this page
• Submit proof of funds
• Sign assignment agreement

Disclaimers IMPORTANT: This listing represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material. Do not contact the owner or attempt to negotiate directly. Unauthorized contact or interference with the contract may result in legal action.

*Seller of this property either owns or has equitable contractual interest in the properties marketed

*Seller has exclusively relied upon the information listed within the MLS, County Assessor's office, and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Buyer acknowledges and accepts that seller makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property, and buyer acknowledges that it has conducted its own investigation of these facts, and is purchasing the subject property based upon its own conclusions. Buyer expressly acknowledges that it is purchasing the property in "as is, where is' ' condition.

**Elevated Offers is owned and operated by IL and IN licensed realtors.

Time-sensitive opportunity - this contract is being offered to multiple investors