501 Wabash Ave is an extraordinary property located in the heart of Chesterton, Indiana. This versatile space offers numerous possibilities: Generational living? Absolutely. Income-producing potential? Yes. A stunning open-concept home with an apartment and guest suite for visiting family and friends? Definitely. Spanning 4,400 square feet, this property is as adaptable as it is distinctive. The main living area features beautiful hardwood floors, an expansive open layout perfect for entertaining and relaxation, four well-sized bedrooms, and a luxurious custom-built shower in the main bathroom. The kitchen, renovated in Spring 2026, is a chef's paradise, featuring new countertops, stainless steel appliances, a pot filler and plenty of cabinetry to accommodate all your cooking essentials. Additionally, there are two more bedrooms, a full bathroom, and another kitchen, dining and living room adjacent to the main area with brand new flooring. This area can function as space for multi-generational living or be easily separated to create two distinct spaces. But that's not all! Above the three-car garage, you will discover a three-bedroom, one-bathroom apartment with modern flooring, recessed lighting, its own entrance, and a private deck perfect for enjoying the outdoors. This hidden gem is situated within the award-winning Duneland School District, just a leisurely stroll from the Chesterton European Market, minutes from the beach and State & National Parks, and conveniently close to fantastic local amenities. Plus, it's just a short drive to Chicago. Don't wait or hesitate--schedule your showing today and make this versatile and delightful home yours!
Closed
Zillow last checked:
Listing updated:
Bought with:
Mary Willis, RB14031505
Monty Willis Team PC
Mitchell Willis, RB22000807
Monty Willis Team PC
Source: NIRA as distributed by MLS GRID,MLS#: 840119
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Sold | $455,000-4.2%$103/sqft |
Source:  NIRA as distributed by MLS GRID #840119 Report a problem | ||
| 8/24/2026 | Pending sale | $475,000$108/sqft |
Source: NIRA as distributed by MLS GRID #840119 Report a problem | ||
| 6/19/2026 | Contingent | $475,000$108/sqft |
Source: NIRA as distributed by MLS GRID #840119 Report a problem | ||
| 6/4/2026 | Listed for sale | $475,000-0.7%$108/sqft |
Source: NIRA as distributed by MLS GRID #840119 Report a problem | ||
| 8/26/2025 | Listing removed | $478,500$109/sqft |
Source: NIRA as distributed by MLS GRID #823200 Report a problem | ||
| 7/15/2025 | Price change | $478,500-2%$109/sqft |
Source: NIRA as distributed by MLS GRID #823200 Report a problem | ||
| 7/10/2025 | Price change | $488,500-1.3%$111/sqft |
Source: NIRA as distributed by MLS GRID #823200 Report a problem | ||
| 6/26/2025 | Listed for sale | $495,000+147.6%$113/sqft |
Source: NIRA as distributed by MLS GRID #823200 Report a problem | ||
| 7/3/2015 | Sold | $199,900-4.8%$45/sqft |
Source:  MRED as distributed by MLS GRID #08796290 Report a problem | ||
| 4/26/2015 | Pending sale | $210,000$48/sqft |
Source: McColly Real Estate #08796290 Report a problem | ||
| 12/4/2014 | Listed for sale | $210,000+5.2%$48/sqft |
Source: McColly Real Estate #362633 Report a problem | ||
| 9/4/2014 | Sold | $199,574-27.4%$45/sqft |
Source: Public Record Report a problem | ||
| 5/21/2014 | Price change | $274,900-12.7%$62/sqft |
Source: RE/MAX PACE REALTY #340388 Report a problem | ||
| 11/20/2013 | Listed for sale | $314,900-3.1%$72/sqft |
Source: Pace Realty, Inc #340388 Report a problem | ||
| 7/7/2011 | Listing removed | $324,900$74/sqft |
Source: Prime Real Estate #281133 Report a problem | ||
| 2/23/2011 | Listed for sale | $324,900$74/sqft |
Source: Prime Real Estate #281133 Report a problem | ||
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Estimated market value
$455,100
