5040 Walsh Avenue

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5040 Walsh Avenue

East Chicago, IN 46312
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in East Chicago
  • Located at 5040 Walsh Avenue in the state of Indiana
  • Positioned within an active industrial and residential regional corridor
  • Strategic access to major transit routes serving Northwest Indiana
  • Suitable asset for residential investors focused on workforce housing

What's Special

East Chicago sits within the industrial corridor of Northwest Indiana, providing residents with essential proximity to major regional transit routes and the broader Chicago metropolitan area. This apartment building located at 5040 Walsh Avenue represents a multifamily investment in a region characterized by its historical manufacturing roots and current focus on revitalizing urban infrastructure. The property serves as a stable housing option for the local workforce, positioned near essential services and community amenities. Investors looking to expand their portfolio within the Indiana market will find this asset suited for long-term residential management. Multifamily properties in this submarket often benefit from consistent demand for accessible rental housing and proximity to interstate connections that link the city to both Gary and Chicago. This building provides an straightforward addition to an existing residential operation or a viable entry point into the local market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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