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$99,900 Just Listed
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Property Description
Excellent opportunity to transform this brick commercial building into the business of your dreams. Offering over 2,500 square feet, this property sits on a high-visibility corner lot along a main street, providing strong exposure and potential for a variety of business uses. The sale also includes an additional lot, creating added value and opportunities for expansion or future development. Inside, the property features three bathrooms, a basement for added storage or functionality, and a garage. Recent updates include a new water heater, and the fenced lot adds both security and versatility. Property is being sold as is.
Full Property Details
Full Property Details for 401 E Chicago Ave
General
- Price: $99,900
- Taxes: (2025)
- Status: Active
- Type: Commercial
- Source: GNIAR
- MLS ID: 837450
- Updated: Today (4/20/2026)
- Added to Site: Today
Interior
- Interior Features: High Ceilings, Pantry
- Appliances: Water Heater
Exterior
- Exterior Features: Lighting, Private Yard
Parking
- Parking Features: On Street
Location
- County: Lake
- Township: North
- Subdivision: Southwest Quarter
- Driving Directions: Cline avenue to Chicago Avenue.. West to property at corner of Chicago ave. and Private Street.
School Information
- High School District: City of East Chicago
Heating & Cooling
- Heating Type: Hot Water
Structural Information
- Square Feet: 2,795
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.086
- Lot Size (Sq. Ft.): 3,746
- Lot Features: Corner Lot, Rectangular Lot
- Zoning: Commercial
Financial Considerations
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: SUB.SW.S.28 T.37 R.9 L.35 BL.12
- Property ID: 450328304001000024
Listed by McColly Real Estate
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Schools
Schools serving 401 E Chicago Ave
School District:City of East Chicago School District
| Name | Grades | Distance |
|---|---|---|
East Chicago Central High School 1100 West Columbus Drive, East Chicago, IN 46312 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 E Chicago Ave
Date
Details
Price
Change
Source
4/20/2026
Listed
$99,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 401 E Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$288
—
$51,200
100%
2024
$288
100%
100%
2023
-100%
-100%
2022
$1,689
-27%
$92,300
8%
2020
$2,298
-55%
$85,600
4%
2019
$5,151
—
$82,400
4%
2019
$5,151
11%
$78,900
-6%
2018
$4,648
166%
$83,600
1%
2017
$1,749
—
$82,800
2%
2017
$1,749
-14%
$81,300
—
2016
$2,033
8%
$81,500
1%
2015
$1,884
-37%
$81,000
2%
2013
$2,988
-12%
$79,800
-1%
2012
$3,381
—
$80,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 401 E Chicago Ave
401 E Chicago Avenue, East Chicago, IN 46312 (MLS# 837450) is a Commercial property. 401 E Chicago Avenue is currently listed for $99,900 and was received on April 20, 2026. Want to learn more about 401 E Chicago Avenue? Do you have questions about finding other Commercial real estate for sale in East Chicago? You can browse all East Chicago real estate or contact a Coldwell Banker agent to request more information.

