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$1,065,000
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Property Description
Introducing Beachside Four, a completely renovated, turn-key 4-Unit Investment Property located in the heart of the highly sought after Sheridan Beach neighborhood of Michigan City. Just 20 short feet from the Stop 2 Beach Access point, this premier location offers instant access to the shores of Lake Michigan, where sunsets, singing sands, and lake breezes set the scene for unforgettable memories for all. This bright and stylish building features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, each offering great floor plans, stainless steel appliances, and inviting indoor-outdoor living with private decks and patios. Whether you choose to rent each unit individually or offer the entire building to large groups, the flexibility is unmatched with ability to sleep up to 14. With plenty of parking and proximity to area favorites like the beach, marina, and Washington Park Zoo, Beachside Four presents an incredible opportunity to own a high-demand property in one of the region's most vibrant lakefront communities. Being offered truly Turn-Key. Everything you see will remain. Don't wait, schedule your showing today. Welcome to 118 N Lake Avenue!
Full Property Details
Full Property Details for 118 N Lake Ave
General
- Sold For: $1,065,000
- Taxes: $6,930 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 825677
- Added to Site: 163 day(s) ago
Interior
- Number of Rooms: 14
- Interior Features: Ceiling Fan(s), Stone Counters, Open Floorplan, Kitchen Island, Eat-in Kitchen
- Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Rain Gutters
Parking
- Parking Features: Driveway, Paved, On Street, Gravel
Location
- County: La Porte
- Township: Michigan
- Subdivision: Sheridan Beach Pk/Add
- Driving Directions: Lake Shore Drive to California Avenue. Right onto Colfax Avenue. Property will be on your right.
Heating & Cooling
- Heating Type: Forced Air, Unit Control, Zoned, Natural Gas
Structural Information
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.0775
- Lot Size (Sq. Ft.): 3,375
- Lot Features: Landscaped
Financial Considerations
- Tax Amount: $6,930
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 42-01-21-309-007 SHER BCH E 1/2 LT 1 & N 1/2 E 1/2 LT 2 BLK 7.
- Property ID: 460121309007000022
Listed by @properties/Christie's Intl RE
Sold by Realty Executives Premier
Get Pre-Approved Today
Schools
Schools serving 118 N Lake Ave
School District:Michigan City Area Schools
| Name | Grades | Distance |
|---|---|---|
Lake Hills Elementary School, Michigan City, IN 201 Ferguson Road, Michigan City, IN 46360 | K-6 | 0.3 mi |
Martin T Krueger Middle School 2001 Springland Avenue, Michigan City, IN 46360 | 7-8 | 2.3 mi |
Michigan City High School 8466 West Pahs Road, Michigan City, IN 46360 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 N Lake Ave
Date
Details
Price
Change
Source
10/31/2025
Sold
$1,065,000
-5.33%
MLS
9/30/2025
Price Reduced
$1,125,000
-1.75%
MLS
9/09/2025
Price Reduced
$1,145,000
-4.18%
MLS
8/08/2025
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
118 N Lake Avenue, Michigan City, IN 46360 (MLS# 825677) is a Multi-Family property that was sold at $1,065,000 on October 31, 2025. Want to learn more about 118 N Lake Avenue? Do you have questions about finding other Multi-Family real estate for sale in Michigan City? You can browse all Michigan City real estate or contact a Coldwell Banker agent to request more information.

