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$375,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 4822 Kennedy Ave
General
- Price: $375,000
- Taxes: (2024)
- Status: Active
- Type: Commercial
- Source: GNIAR
- MLS ID: 836342
- Updated: 4/1/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Open Floorplan
- Appliances: Gas Range, Refrigerator, Microwave
Exterior
- Exterior Features: None
Parking
- Parking Features: Off Street, Paved, Driveway, Asphalt
Location
- County: Lake
- Township: North
- Subdivision: Marked Laid Down
- Driving Directions: From Michigan Ave, go north on Kennedy about half a mile--property is on the right.
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 10,524
- Year Built: 1921
Lot Features
- Lot Size (Acres): 0.326
- Lot Size (Sq. Ft.): 14,201
- Lot Features: Near Public Transit
- Zoning: Residential
Financial Considerations
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: SUBDIV. SW. S.28 T.37 R.9 ALL L.8 BL.16 ALL L.9 BL.16 SEE ADDITIONAL DESCRIPTION
- Property ID: 450328383031000024
Listed by BHHS Executive Realty
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Schools
Schools serving 4822 Kennedy 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 | 1.6 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 4822 Kennedy Ave
Date
Details
Price
Change
Source
4/01/2026
Listed
$375,000
—
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 4822 Kennedy Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$605
—
$336,900
2%
2024
$605
-96%
$330,800
2%
2023
$15,425
77%
$323,200
2%
2022
$8,723
100%
$318,300
8%
2020
100%
$295,900
1%
2019
-100%
$291,600
-6%
2019
$288
-52%
$308,600
3%
2018
$605
110%
$299,700
1%
2017
$288
—
$296,400
1%
2016
$288
—
$292,200
-1%
2016
$288
—
$293,800
—
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 4822 Kennedy Ave
4822 Kennedy Avenue, East Chicago, IN 46312 (MLS# 836342) is a Commercial property. 4822 Kennedy Avenue is currently listed for $375,000 and was received on April 01, 2026. Want to learn more about 4822 Kennedy 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.

