1061 Van Buren St

1,791 Sq. Ft.
$31 / Sq. Ft.
1,791
Sq. Ft.
$31
per Sq. Ft.

Description

Welcome to your next real estate investment! A fully rented two-unit property that's ready to generate steady income while offering potential for value appreciation. This property boasts two fully rented units, one tenant is on month to month and the other tenant has a year lease. While it's already a cash flow generator, a few repairs can elevate its value even further, allowing you to maximize your return on investment. While the garage may need some work, it's a valuable asset. This property has...Welcome to your next real estate investment! A fully rented two-unit property that's ready to generate steady income while offering potential for value appreciation. This property boasts two fully rented units, one tenant is on month to month and the other tenant has a year lease. While it's already a cash flow generator, a few repairs can elevate its value even further, allowing you to maximize your return on investment. While the garage may need some work, it's a valuable asset. This property has a spacious basement, offering an untapped resource for additional storage or potential expansion. With both units already occupied, you can enjoy immediate rental income from day one. The property's consistent rental history assures a reliable cash flow stream, providing you with peace of mind as you build your real estate portfolio. Schedule your showing today! Property being Sold As Is''.
  1. Listed by Sharae Wesson • SLW Realty Group Corporation
    P: (219)-902-6181 C: (219)-902-6181 slwesson@sbcglobal.net

Property Details for 1061 Van Buren Street

Subdivision
Gary Land Companys 11
Garage # of Cars
2
LISTING UPDATED: 04/12/2024 05:00 PM

Property Details for 1061 Van Buren Street

StatusClosed
MLS #539948
Days on Market156
Taxes$1,129 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Unit/Income / Income Property
Year Built1927
Lot Size0.08 AC / 3,615 SF
CountyLake County

Location

Listing Courtesy of SLW Realty Group Corporation

Sold By SLW Realty Group Corporation

Add your commute

Building Information for 1061 Van Buren Street

Stories-Residences2Year Built1927Building Size-Lot Size0.08 AC / 3,615 SF

Payment Calculator

$362 per month

30 year fixed, 6.15% Interest

Principal and Interest

$268

Property Taxes

$94

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1061 Van Buren Street

Summary
Location and General Information
  • Directions: Broadway to 11th Ave, West on 11th Ave to VanBuren, North on VanBuren to property.
  • Cross Street Address: 11th Ave
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46402
  • Zip Plus 4: 2841
  • Latitude: 41.59
  • Longitude: -87.34
  • Area: 114-Gary W. Cntrl
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $1,129.00
  • APN/Key #: 450809206006000004
  • Tax Year: 2023
  • Tax Legal Description: Legal Description: GARY LAND CO'S. 11TH. SUB ALL L.24 BL.14
Parking
  • Garage Description: Detached
  • Carport - # of Cars: 0
  • # Parking Spaces: 0
Property
Lot Information
  • Lot Square Footage: 3,615.00
  • Total Sq. Ft.: 2718.0
  • Lot Dimensions: 30x121
  • Square Footage: 1791.0
  • Square Footage Source: Assessor
  • Acres: .08
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Age: 0
  • Year Built: 1927
  • Auction: No
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Brick, Vinyl Siding
Interior Features
  • Basement Type: Full
  • Basement: Yes
  • Total Full Baths: 2
  • Total 1/2 Baths: 0
  • Quarter Bathrooms: 0
  • Total 3/4 Baths: 0
  • Total Baths: 2
  • Bedrooms: 4
  • Basement Sq Ft: 0.0
  • Flooring: Hardwood
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms: 2
  • Equipment: None
  • Interior Features: Elevator
  • Total # of Rooms: 9
Multi Family
Multi-Family Information
  • # of Units: 2
Rental
Rental Information
  • TenantPays: Electricity, Gas

Property History for 1061 Van Buren Street

DateEvent & SourcePriceAppreciation
Apr 12, 2024

Sold

Northwest Indiana REALTORS® Association #539948

$54,900
Mar 25, 2024

Sold (Public Record)

Public Record #1555458921

$54,900
Mar 13, 2024

Pending

Northwest Indiana REALTORS® Association #539948

Mar 13, 2024

In Contract

Northwest Indiana REALTORS® Association #539948

Jan 30, 2024

Price Change

Northwest Indiana REALTORS® Association #539948

$70,000
Dec 21, 2023

Price Change

Northwest Indiana REALTORS® Association #539948

$70,000
Oct 9, 2023

Listed (Active)

Northwest Indiana REALTORS® Association #539948

$75,000
Oct 9, 2023

Price Change

Northwest Indiana REALTORS® Association #539948

$75,000
Oct 9, 2023

Listed (Active)

Northwest Indiana REALTORS® Association #539948

$70,000
Dec 29, 2006

Sold

Northwest Indiana REALTORS® Association #172654

$24,000
Dec 29, 2006

Sold

Northwest Indiana REALTORS® Association #172654

$24,000
Dec 4, 2006

Pending

Northwest Indiana REALTORS® Association #172654

Dec 4, 2006

In Contract

Northwest Indiana REALTORS® Association #172654

Nov 8, 2006

Listed (Active)

Northwest Indiana REALTORS® Association #172654

$24,900
Nov 8, 2006

Listed (Active)

Northwest Indiana REALTORS® Association #172654

$24,900
Sep 1, 2005

Expired

Northwest Indiana REALTORS® Association #137075

Aug 31, 2005

Expired

Northwest Indiana REALTORS® Association #137075

Aug 1, 2005

Price Change

Northwest Indiana REALTORS® Association #137075

$49,900
Aug 1, 2005

Listed (Active)

Northwest Indiana REALTORS® Association #137075

$48,900
Jul 22, 2005

Expired

Northwest Indiana REALTORS® Association #125410

Jul 21, 2005

Expired

Northwest Indiana REALTORS® Association #125410

Feb 21, 2005

Price Change

Northwest Indiana REALTORS® Association #125410

$49,900
Feb 21, 2005

Listed (Active)

Northwest Indiana REALTORS® Association #125410

$59,900
Feb 10, 2005

Expired

Northwest Indiana REALTORS® Association #114746

Feb 9, 2005

Expired

Northwest Indiana REALTORS® Association #114746

Aug 23, 2004

Price Change

Northwest Indiana REALTORS® Association #114746

$59,900
Aug 23, 2004

Listed (Active)

Northwest Indiana REALTORS® Association #114746

$72,900
Mar 26, 2002

Sold

Northwest Indiana REALTORS® Association #56247

$6,200
Mar 26, 2002

Sold

Northwest Indiana REALTORS® Association #56247

$6,200
Mar 5, 2002

Pending

Northwest Indiana REALTORS® Association #56247

Mar 5, 2002

In Contract

Northwest Indiana REALTORS® Association #56247

Feb 5, 2002

Price Change

Northwest Indiana REALTORS® Association #56247

$99,000
Feb 5, 2002

Listed (Active)

Northwest Indiana REALTORS® Association #56247

$9,900
DateEvent & SourcePrice
04/12/2024

Sold

Northwest Indiana REALTORS® Association #539948

$54,900
03/25/2024

Sold (Public Record)

Public Record #1555458921

$54,900
03/13/2024

Pending

Northwest Indiana REALTORS® Association #539948

03/13/2024

In Contract

Northwest Indiana REALTORS® Association #539948

01/30/2024

Price Change

Northwest Indiana REALTORS® Association #539948

$70,000
12/21/2023

Price Change

Northwest Indiana REALTORS® Association #539948

$70,000
10/09/2023

Listed (Active)

Northwest Indiana REALTORS® Association #539948

$75,000
10/09/2023

Price Change

Northwest Indiana REALTORS® Association #539948

$75,000
10/09/2023

Listed (Active)

Northwest Indiana REALTORS® Association #539948

$70,000
12/29/2006

Sold

Northwest Indiana REALTORS® Association #172654

$24,000
12/29/2006

Sold

Northwest Indiana REALTORS® Association #172654

$24,000
12/04/2006

Pending

Northwest Indiana REALTORS® Association #172654

12/04/2006

In Contract

Northwest Indiana REALTORS® Association #172654

11/08/2006

Listed (Active)

Northwest Indiana REALTORS® Association #172654

$24,900
11/08/2006

Listed (Active)

Northwest Indiana REALTORS® Association #172654

$24,900
09/01/2005

Expired

Northwest Indiana REALTORS® Association #137075

08/31/2005

Expired

Northwest Indiana REALTORS® Association #137075

08/01/2005

Price Change

Northwest Indiana REALTORS® Association #137075

$49,900
08/01/2005

Listed (Active)

Northwest Indiana REALTORS® Association #137075

$48,900
07/22/2005

Expired

Northwest Indiana REALTORS® Association #125410

07/21/2005

Expired

Northwest Indiana REALTORS® Association #125410

02/21/2005

Price Change

Northwest Indiana REALTORS® Association #125410

$49,900
02/21/2005

Listed (Active)

Northwest Indiana REALTORS® Association #125410

$59,900
02/10/2005

Expired

Northwest Indiana REALTORS® Association #114746

02/09/2005

Expired

Northwest Indiana REALTORS® Association #114746

08/23/2004

Price Change

Northwest Indiana REALTORS® Association #114746

$59,900
08/23/2004

Listed (Active)

Northwest Indiana REALTORS® Association #114746

$72,900
03/26/2002

Sold

Northwest Indiana REALTORS® Association #56247

$6,200
03/26/2002

Sold

Northwest Indiana REALTORS® Association #56247

$6,200
03/05/2002

Pending

Northwest Indiana REALTORS® Association #56247

03/05/2002

In Contract

Northwest Indiana REALTORS® Association #56247

02/05/2002

Price Change

Northwest Indiana REALTORS® Association #56247

$99,000
02/05/2002

Listed (Active)

Northwest Indiana REALTORS® Association #56247

$9,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1061 Van Buren Street

Taxable ValueLand$4,600Additions$47,500Total$52,100
Tax Record2024$1,341 ($112 / month)
Home Facts
Baths2Total Finished SqFt2,191 SqFtAbove Grade Finished SqFt1,791 SqFtFinished Basement SqFt400 SqFtStories2Lot Size3,615 SqFtStyleDuplexYear Built1927CountyLAKEAPN45-08-09-206-006.000-004

Schools near 1061 Van Buren Street

This home is within Gary Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Beveridge Elementary School
PublicK to 5

Gary Middle School
Public6 to 8

West Side Leadership Academy
Public9 to 12

Jefferson Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SLW Realty Group Corporation

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/16/2026 10:56 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.