Investor's Dream!!! A Brick, Flex-core Construction, Fully Rented 4 unit. Spacious Apartment homes. New Windows throughout, All Units have new Carpet, 2 Units have New Flooring. Roof only 5 years old, Coin-Operated Laundry Machines for Tenants, Great Location and 2 Car Detached Garage. Brand New Sewer Line to the street. Brand New Roof - 35 year shingles.
Multi-familyProperty Type
1966Year Built
0.28 acresLot Size
$123Est. Price/Sq.Ft.
2 car garageParking
Listed by • McColly Real Estate
•219-762-8578 (broker)
•portage2@mccolly.com (broker)
Bought with Karen Kuyachich• Karen Kuyachich, Broker
*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
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
1986
Sq. Ft.
4,096
Year built
1966
Style
Multi-Family (5+ Unit)
County
Lake County
APN
450929228010000018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
R4
Multiple-Family Residence District
The purpose of this subchapter is to establish a district in which multiple-family residential and a PUD use may take place, and to identify other compatible allowable uses, as well as use variances which may be allowed under certain circumstances and with limitations as identified hereinafter.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Livestock production
Community / recreation center
Religious facility
Housing-Multiple units
Educational/school
Library
Recreation
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Parking Features: Detached
Gararge Information
Has Garage(s)
Garage Spaces: 2
Interior
Bathroom Information
Bathrooms Full: 4
Heating & Cooling
Cooling: Unit Control, Wall/Window Unit(s)
Heating: Hot Water, Natural Gas, Unit Control
Interior Features
Interior Features: Elevator
Appliances: Range, Refrigerator
Room Information
Rooms Total: 15
Multi-Unit Financial Information
Net Operating Income: $18,485
Gross Income: $1,380
Gross Scheduled Income: $33,960
Electric Expense: $4,371
Insurance Expense: $1,200
Sewer Expense: $1,872
Water Expense: $1,750
New Taxes Expense: $5,077
Multi-Unit Information
Occupant Type(s): Tenant
# of Units Total: 4
# of One Bedroom Units: 1
# of Two Bedroom Units: 3
Exterior
Exterior Features
Exterior Features: Balcony
Other Equipment: Satellite Dish
Construction Materials: Brick
Living Area
Living Area: 4,096
Living Area Source: Assessor
Property Information
Year Built: 1966
Financial
Tax Information
Tax Legal Description: Legal Description: S. 56 of E. 214.5ft of N. 1 AC of S 3 AC of E 2. SE. NE. NE. S. 29 T. 36 R. 7 .2
Utilities
Utilities Information
Utilities: Cable Available, Sewer Available
Water Source: Public
Location
School Information
High School District: Hobart
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,096
Stories: 2.0
Lot Size: 0.28 acres
Style: Multi-Family (5+ Unit)
Year Built: 1966
Year Renovated: 1986
County: Lake County
APN: 450929228010000018
Home facts updated by county records on Sep 9, 2026
Other
Auction Information
Auction YN: No
Auction Minimum Opening Bid: 0.00
Around this home
Schools
Liberty Elementary School
Public 1-5 • Assigned • 0.6mi
6/10
Hobart Middle School
Public 6-8 • Assigned • 1.8mi
7/10
Hobart High School
Public 9-12 • Assigned • 2.2mi
6/10
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
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Hobart, IN • 46342
Average low and high temperatures (°F)
30
16
38
22
55
34
62
43
68
48
80
62
85
67
80
62
78
56
68
47
50
37
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 3.2 hours in December, placing it below the
U.S. average for solar exposure.