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Olga Vega

olga@legacyrealtygroupllc.com +1(219) 588-9494

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5200 W Ridge Road Gary, IN 46408

2 Beds

2 Baths

1,534 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,534 sqft

Subdivision Na

MLS Listing ID 847420

Bedrooms 2

Full Baths 1

Half Baths 1

Year Built 1936

Annual Tax Amount $2,270

Tax Year 2025

Lot Size 0.500 Acres

Property Sub-Type Single Family Residence

Property Description

Great opportunity for homeowners and investors alike! Situated on nearly half an acre, this ranch-style home with a basement offers a spacious layout, recent improvements, and excellent rental potential. The main level features an inviting living area filled with natural light, an adjoining dining space, and a comfortable sunroom overlooking the property. The basement with 1/2 bath and additional separate shower provides additional space for storage or to make it your own! Recent updates include a new roof installed just two months ago, along with improvements to the main floor. Outside, you'll find a generous yard, ample driveway parking, and a detached two-car garage that needs a new garage door. Currently tenant-occupied at 1,150 per month, with the tenant responsible for all utilities, including water and trash. **The tenant is on a month-to-month lease, offering flexibility for buyers looking to owner-occupy or investors seeking immediate rental income. The current tenant would love to stay, providing an opportunity to retain an established tenant while benefiting from potential future rent increases.** Conveniently located near schools, restaurants, shopping, and major roadways, including I-80/94, providing easy access to Chicago. Washer and dryer belong to the tenant and are excluded from the sale. Property is being sold As-Is. A solid opportunity to add to your investment portfolio or make this property your future home!

Location

State IN

County Lake

Rooms

Basement Full, Walk-Out Access, Storage Space

Interior

Interior Features Entrance Foyer, Open Floorplan

Heating Central

Cooling Central Air

Flooring Hardwood, Vinyl

Fireplace No

Appliance Freezer, Refrigerator, Gas Range, Gas Cooktop

Exterior

Exterior Feature Private Yard

Parking Features Detached, Paved, Garage Faces Front, Driveway

Garage Spaces 2.0

Roof Type Shingle

Building

Lot Description Back Yard, Paved, Landscaped, Front Yard

Structure Type Vinyl Siding

Schools

School District Lake Ridge

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Listing Leaders Northwest

Olga Vega

Managing Broker Indiana RB14047917Illinois 471.018437

+1(219) 588-9494

Olga Vega

5200 W Ridge Road Gary, IN 46408

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5200 W Ridge Road

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