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Pending
  • $575,000

    1291-1297 Lake Charles Ave, Chesterton, IN 46304

    8beds
    --sqft
    : 
    $3,646/mo
    Get pre-qualified
    Quadruplex
    Built in 1993
    -- sqft lot
    $558,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious unitVaulted ceilingsGranite countertopsPrivate rear decksStainless steel appliances
    Excellent investment opportunity to acquire a well-maintained 4-unit townhome community in the highly desirable Porter area, just minutes from the Indiana Dunes National Park, I-94, and the South Shore commuter rail. Built in 1993, each spacious unit features approximately 1,330 SF with 2 bedrooms, 1.5 bathrooms, open-concept living areas, vaulted ceilings, granite countertops, stainless steel appliances, private rear decks, and in-unit washer/dryer hookups. Each unit is individually metered with tenants responsible for electric, gas, water/sewer, and trash, minimizing owner expenses. Recent capital improvements include roof replacement, HVAC and water heater updates, and parking lot resurfacing. Current rents provide immediate cash flow with significant upside as rents move toward market levels. An outstanding value-add opportunity in one of Northwest Indiana's strongest rental markets.
    25 days
    |
    638
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tariq Suboh,

    Ellsbury Group 219-200-5133

    Source: NIRA as distributed by MLS GRID,MLS#: 842347MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 4
      • 1/2 bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Refrigerator
      Features
      • None
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Finished area above ground: 5,320

      Property

      Parking
      • Parking features: Additional Parking, Off Street, Paved
      Features
      • Levels: One and One Half
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 0.46 Acres
      • Features: Back Yard, Paved
      Details
      • Parcel number: 640334403004000026
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Condition
      • New construction: No
      • Year built: 1993

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Lake Charles Sub
      Location
      • Region: Chesterton

      Financial & listing details

      • Tax assessed value: $338,800
      • Annual tax amount: $7,500
      • Date on market: 7/15/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,VA Loan,FHA,Conventional

        Estimated market value

        $558,800

        $531,000 - $587,000

        $1,443/mo

        Price history

        DateEventPrice
        7/27/2026Pending sale$575,000
        Source: NIRA as distributed by MLS GRID #842347 Report a problem
        7/15/2026Listed for sale$575,000
        Source: NIRA as distributed by MLS GRID #842347 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46304

        Getting around

        17 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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