Welcome to your next turnkey investment property that generates immediate cash flow and is fully renovated. This professionally renovated ranch style home offers immediate cash flow with a reliable tenant already in place. Fully renovated in 2024, major improvements include a new roof, windows, drywall, electrical, plumbing, furnace, central A/C, flooring, doors, kitchen, bathroom, and more making this an excellent opportunity for an investor looking to add a low-maintenance property to their portfolio. The interior features an inviting open floor plan, durable luxury vinyl plank flooring, and a stylish galley-style kitchen offering plenty of cabinetry, a custom backsplash, and a clean, modern finish. The updated bathroom features custom tile work and contemporary finishes. Outside, enjoy a spacious backyard with plenty of room for outdoor use. A dependable, on-time-paying tenant has occupied the property since 2024 with no maintenance requests. The tenant pays all utilities, and the property is professionally managed and maintained in excellent condition. The tenant's lease expires May 2027. An excellent opportunity for investors seeking a fully renovated, stabilized rental with immediate income and minimal upfront work. Please do not disturb the tenant. Please allow a 24-48 hour notice when scheduling a showing.
Single-familyProperty Type
1952Year Built
6,186 sq ftLot Size
$134Price/Sq.Ft.
Listed by Lakia Hasenjaeger• The Jaeger Group, LLC
Westside, located between the Grand Calumet River and U.S. Route 12, is a residential and industrial Gary neighborhood with lake-breeze streetscapes and rail-lined edges. The neighborhood’s character concentrates around Broadway and 5th Avenue, where corner storefronts, takeout counters, and service shops set a working-day rhythm. Brick two-flats and modest frame houses sit beside wide arterials that still read like a classic Midwest grid. Buffington Harbor and nearby lakefront access points give the area a horizon of water and steel. The Gary Aquatorium and Marquette Park Pavilion add a civic, lakeside backdrop for walks and events. Indiana University Northwest anchors the nearby daily flow with classrooms, galleries, and campus greens.
Provided by Walk Score and Local Logic
Offer insights
1024 Clark Rd · $149,900
$153K and above
75% chance or better to win
Why $153K+ is a strong offer
DAYS ON MARKET
11 days
The average home goes pending in 24 days.
SALE-TO-LIST
98.7%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Open floorplan
Stone counters
Bedrooms
Primary bedroom
Bedroom 2
Bedroom 3
Three bedrooms total
Bathrooms
1 full bathroom
Kitchen
Gas range
Stainless steel appliances
Refrigerator
Laundry & utility
Main level laundry
Flooring
Carpet
Vinyl
Heating & cooling
Forced air heating
Central air conditioning
Exterior features
Neighborhood view
Deck
Home design
Single-story (one level)
Built in 1952
Parking
On-street parking
Construction
Year built 1952
Utilities
Public water
Public sewer
Other
Occupied by tenant
Electricity and solar
View estimated energy costs and solar savings for this home
Home was completely gutted. Pictures will not do justice until you come see the quality of the work that was done. Brand new frame, new roof, new drywall, new kitchen, new windows, new electric, new furnace, new AC, new plumbing, new flooring, and new doors.
NIRA MLS as Distributed by MLS Grid #542689
May 14, 2024
Listing Removed
—
Dec 9, 2023
Listed
$129,000
$115/sq ft
NIRA MLS as Distributed by MLS Grid #514411
Jun 16, 2022
Listed
$14,500
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$2,390 (+602.2%)
$9,700 + $85,600
$95,300
2023
$340 (+30.3%)
$9,700 + $3,800
$13,500
2022
$261 (+4.1%)
$6,500 + $3,700
$10,200
2021
$251 (+1.0%)
$6,500 + $3,300
$9,800
2020
$249 (−77.8%)
$6,500 + $3,200
$9,700
2019
$1,118 (+14.1%)
$6,500 + $3,200
$9,700
2018
$980 (+308.8%)
$6,500 + $3,200
$9,700
2017
$240 (−3.7%)
$6,500 + $3,200
$9,700
2016
$249 (+5.5%)
$6,500 + $3,800
$10,300
2015
$236 (−63.6%)
$7,400 + $3,800
$11,200
2013
$649
$7,400 + $3,600
$11,000
Public record
Beds
2
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
124 ft.
Lot size
6,186 Sq. Ft.
Year renovated
2020
Finished Sq. Ft.
1,122
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,122
Year built
1952
Style
Single Family Residential
County
Lake County
APN
450712233021000004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Gary, IN • 46404
Average low and high temperatures (°F)
30
17
38
24
55
35
62
43
67
50
80
63
85
69
82
65
78
59
68
49
51
38
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
70/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
6.9 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1024 Clark Rd
$149,048
$852 under list price of $150K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $83K to $150K.