3812 Hemlock Street

Home » All Multifamily Properties » 3812 Hemlock Street

Address: 3812 Hemlock St, East Chicago, IN 46312, USA

Chicago & Midwest + Apartment Buildings

Created date: October 8, 2026

Date last updated: October 8, 2026

Price: $242,000Investment Analyzer NEW!

Property Description

Classic character and investment potential come together in this three-unit property in East Chicago's Indiana Harbor area. Two buildings offer approximately 3,097 square feet of above-grade living space, with seven bedrooms and three full bathrooms combined. The front brick building contains two units, while a separate rear apartment sits above the two-car garage and storage. Original hardwood flooring, wood doors, trim, and hardware complement select kitchen and bathroom updates. A full unfinished basement beneath the front building provides additional storage, while the rear building includes and additional storage space for laundry and mechanicals. Porches and a paver patio add outdoor gathering space. Local shopping and dining along Columbus Drive and Chicago Avenue complement access to Washington Park, Jeorse Park Beach, and the East Chicago Marina. Proximity to Chicago, the East Chicago South Shore Line station, and major expressways, including the Indiana Toll Road and I-80/94, adds convenience for regional travel and commuting. With its separate rear apartment and three-unit configuration, this property offers flexibility for a rental portfolio or potential owner occupancy with additional rental space.

Available

Request Information

Broker Details

Elizabeth Velazquez

McColly Real Estate (219) 864-7200 MLS ID: 15672

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$242,000
Year Built:	1913
Opportunity Zone:	No
Property Website	Click Here
Number of Bedrooms:	7
Number of Bathrooms:	3

Address: 3812 Hemlock Street, East Chicago, IN 46312, USA

Provided by:

Standard Status: Active

MLS Listing Number: 846522
ID: 3yd-GNIARIN-846522

Copyright Disclaimer: Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Analyzer

Step 1Financing Calculation

Purchase Price *

Down Payment *

Financed Amount

Term (Years) *

# of Payments Per Year *

Total Payments

Annual Interest Rate *

Monthly P&I

Annual P&I

Step 2Gross Rent Analysis

Please enter annual amounts.

Gross Rent *

Management Fee

Maintenance Reserve

Insurance

Property Taxes

Vacancy Reserve

Utilities

Misc. Expenses

Monthly Net Income

Annual Net Income

Step 3Cap Rate Calculation

Comparable Cap Rates *

Price Based on Cap Rate

Cap Rate Based on Price

Step 4Final Deal Analysis

Monthly Cashflow

Annual Cashflow

Cash on Cash Return

Overall Return on Full Price

Annual Approx. Depreciation

Annual Approx Market Appreciation

Similar Properties in the Area