Discover this fantastic two-unit property located in the desirable community Crown Point. Just a short walk from the square, this property offers an unbeatable location and is an ideal opportunity for house hackers or investors. The property features recent cosmetic upgrades throughout, ensuring that both units are ready to go. The upstairs unit includes 1 bedroom and 1 bathroom, while the downstairs unit offers 3 bedrooms and 2 bathrooms, making it a versatile option for a range of rental situations and providing immediate rental income. Convenient parking is available with a dedicated driveway, and the home is being sold as-is, giving you the flexibility to manage or enhance it as you see fit. This is a prime opportunity to add a high-performing asset to your portfolio. Schedule your showing today and invest in this outstanding property!
Multi-familyProperty Type
1880Year Built
9,275 sq ftLot Size
Listed by Reid Rothrock• New Chapter Real Estate
•219-227-8454 (broker)
•soldandclosedbyjessica@gmail.com (broker)
Bought with Reid Rothrock• New Chapter Real Estate
REO sold in current as is condition no sellers disclosure termite report or survey provided. Nice converted single family or two unit with upper in law space. Buyers to verify zoning applies to buyers intended use. Allow ample counter offer response time proof of funds prequalification letter and copy of the earnest money check with all offers.
NIRA MLS as Distributed by MLS Grid #255763
Jul 13, 2010
Listing Removed
—
Jan 13, 2010
Listed
$124,900
Year
Property tax
Land + Additions
Assessment*
2024
$4,263 (+11.9%)
$39,100 + $156,200
$195,300
2023
$3,810 (+4.8%)
$34,000 + $138,700
$172,700
2022
$3,635 (+6.3%)
$34,000 + $130,500
$164,500
2021
$3,419 (−2.9%)
$28,400 + $126,300
$154,700
2020
$3,523 (+2.0%)
$28,400 + $131,000
$159,400
2019
$3,453 (−9.6%)
$28,400 + $125,800
$154,200
2018
$3,822 (−0.1%)
$28,400 + $119,800
$148,200
2017
$3,827 (−0.5%)
$28,400 + $118,200
$146,600
2016
$3,846 (+5.2%)
$28,400 + $116,400
$144,800
2015
$3,657 (−9.5%)
$28,400 + $119,900
$148,300
2013
$4,043
$28,400 + $112,600
$141,000
Tax history for 140 N Ridge St
Year
Property tax
Land + Additions
Assessment*
2024
$4,263 (+11.9%)
$39,100 + $156,200
$195,300
2023
$3,810 (+4.8%)
$34,000 + $138,700
$172,700
2022
$3,635 (+6.3%)
$34,000 + $130,500
$164,500
2021
$3,419 (−2.9%)
$28,400 + $126,300
$154,700
2020
$3,523 (+2.0%)
$28,400 + $131,000
$159,400
2019
$3,453 (−9.6%)
$28,400 + $125,800
$154,200
2018
$3,822 (−0.1%)
$28,400 + $119,800
$148,200
2017
$3,827 (−0.5%)
$28,400 + $118,200
$146,600
2016
$3,846 (+5.2%)
$28,400 + $116,400
$144,800
2015
$3,657 (−9.5%)
$28,400 + $119,900
$148,300
2013
$4,043
$28,400 + $112,600
$141,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
53 ft.
Lot depth
175 ft.
Lot size
9,275 Sq. Ft.
Year renovated
1970
Sq. Ft.
1,808
Year built
1880
Style
Multi-Family (2-4 Unit)
County
Lake County
APN
451608227005000042
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
R-3
Residential District
Districts designated for residential use, R-1, R-2, and R-3, are limited to dwellings and public or semi-public uses which are normally associated with residential neighborhoods. The only uses permitted in the residential districts are those which would not detract from the residential character of the neighborhood. The purpose of these 3 districts is to create an attractive, stable, and orderly residential environment. However, the families per dwelling and the lot and yard requirements are different in the 3 districts to provide for the various housing needs and desires of the citizens.; There shall be no more than one principal structure on any residential zoning lot.
Permitted uses
Include but are not limited to:
Housing-Single unit
Fire house
Police station
Park & open space
Property details
Parking
Parking Information
Parking Features: Driveway
Interior
Bathroom Information
Bathrooms Full: 2
Heating & Cooling
Cooling: Wall/Window Unit(s)
Heating: Forced Air
Interior Features
Laundry Features: None
Interior Features: Ceiling Fan(s)
Appliances: Dishwasher, Refrigerator, Microwave
Flooring: Carpet, Vinyl
Room Information
Basement: Concrete, Unfinished
Multi-Unit Information
Occupant Type(s): Tenant
# of Units Total: 2
# of One Bedroom Units: 1
# of Three Bedroom Units: 1
Exterior
Exterior Features
Patio And Porch Features: Front Porch
Exterior Features: Private Entrance
Living Area
Above Grade Finished Area: 1,808
Below Grade Finished Area: 1,190
Property Information
Property Condition: Updated/Remodeled
Year Built: 1880
Levels: Two
Lot Information
Lot Size Source: Other
Road Frontage Type: City Street
Financial
Tax Information
Tax Assessed Value: $172,700
Tax Legal Description: BURGE'S ADD. S. 6.5FT. LOT 9 N. 46.5FT. LOT 8
Tax Annual Amount: $3,810
Tax Year: 2023
Utilities
Utilities Information
Water Source: Public
Sewer: Public Sewer
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,808
Stories: 2.0
Lot Size: 9,275 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1880
Year Renovated: 1970
County: Lake County
APN: 451608227005000042
Home facts updated by county records on Aug 24, 2026
Other
Auction Information
Auction YN: No
Around this home
Schools
Timothy Ball Elementary School
Public PreK-5 • Assigned • 1.1mi
8/10
Colonel John Wheeler Middle School
Public 6-8 • Assigned • 0.6mi
9/10
Crown Point High School
Public 9-12 • Assigned • 2.2mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 101° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Crown Point, IN • 46307
Average low and high temperatures (°F)
29
16
38
22
55
34
62
43
69
49
81
63
84
69
79
63
78
58
67
48
50
36
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$265,000 – $320,000
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