Incredible multi-unit investment opportunity in East Chicago! This unique property features three separate living spaces, offering both strong rental potential and versatile living options. The main house includes a spacious 3-bedroom, 1-bathroom unit on the main level, with a 2-bedroom, 1-bathroom basement unit - perfect for additional income or extended family living. In the rear of the property, you'll find a well-maintained coach house featuring 3 bedrooms and 2 bathrooms, ideal for a larger tenant or owner-occupant. With multiple income streams, generous living space, and a convenient location near major highways and local amenities, this property is a smart addition to any portfolio or a great opportunity for house hacking!
Closed
$250,000
4854 Wegg Ave, East Chicago, IN 46312
--beds
--baths
--sqft
Triplex
Built in 1928
-- sqft lot
$257,500 Zestimate®
$--/sqft
$1,155 Estimated rent
Home value
$257,500
$234,000 - $283,000
$1,155/mo
Zestimate® history
Owner options
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$1,155/mo
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$1,155/mo
Rent Zestimate®
Refinance and save
$1,677/mo
Est. payment
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$1,677/mo
Est. payment
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List your homeWhat's special
Well-maintained coach house
Zillow last checked:
Listing updated:
Listed by:
Kyle Bowen,
McColly Real Estate 219-322-5508,
Jackson Tyson,
McColly Real Estate
Bought with:
Joseph Pokraka, RB18000213
Century 21 Circle
Source: NIRA as distributed by MLS GRID,MLS#: 822206
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Appliances
- Included: Refrigerator, Gas Water Heater
Features
- None
- Basement: Finished
- Has fireplace: No
Interior area
- Finished area above ground: 1,701
Property
Features
- Levels: Other
- Exterior features: None
Lot
- Size: 3,497 Square Feet
- Features: Other
Details
- Parcel number: 450329356054000024
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Chicago Ave
Location
- Region: East Chicago
Financial & listing details
- Tax assessed value: $162,800
- Annual tax amount: $2,990
- Date on market: 6/9/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2025 | Sold | $250,000 |
Source:  NIRA as distributed by MLS GRID #822206 Report a problem | ||
| 6/18/2025 | Pending sale | $250,000 |
Source: NIRA as distributed by MLS GRID #822206 Report a problem | ||
| 6/9/2025 | Listed for sale | $250,000+706.5% |
Source: NIRA as distributed by MLS GRID #822206 Report a problem | ||
| 12/12/2008 | Sold | $31,000-41.5% |
Source: Public Record Report a problem | ||
| 6/25/2008 | Sold | $53,010 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,990 +10.7% | $162,800 +8.9% |
| 2024 | $2,700 +11.4% | $149,500 +10.7% |
| 2023 | $2,424 +20.7% | $135,000 +11.4% |
| 2022 | $2,008 +6.8% | $121,200 +20.7% |
| 2021 | $1,880 +10.6% | $100,400 +6.8% |
| 2020 | $1,700 -46.3% | $94,000 +10.6% |
| 2019 | $3,163 +51.9% | $85,000 +4.8% |
| 2018 | $2,082 +16.7% | $81,100 -1.2% |
| 2017 | $1,783 | $82,100 +2.2% |
| 2016 | $1,783 -3.9% | $80,300 +10.6% |
| 2014 | $1,855 -11.7% | $72,600 -11.9% |
| 2013 | $2,102 | $82,400 -20.1% |
| 2009 | -- | $103,100 -3.3% |
| 2007 | -- | $106,600 +20.9% |
| 2006 | -- | $88,200 |
| 2005 | -- | $88,200 |
| 2004 | -- | $88,200 +628.9% |
| 2003 | -- | $12,100 |
| 2002 | -- | $12,100 +200.2% |
| 2001 | -- | $4,030 |
Find assessor info on the county website
Neighborhood: Southside
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Nearby schools
GreatSchools rating
- 3/10William Mckinley Elementary SchoolGrades: K-6Distance: 0.3 mi
- 4/10Joseph L Block Jr High SchoolGrades: 7-8Distance: 2.6 mi
- 2/10East Chicago Central High SchoolGrades: 9-12Distance: 1 mi
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- Indiana
- Lake County
- East Chicago
- 46312
- Southside
- 4854 Wegg Ave
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