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3798 Monroe Street Gary, IN 46408

$199,000
Active / MLS# 845163 / Residential - Single Family / Gary
5 Beds
1 Bath
1056 SqFt

Commercial building PLUS residential house all on one lot! Great central-south Gary location on the corner of Ridge Rd. and Monroe St. with alley access to a spacious garage. 3,979-square-foot retail structure that can be used for offices, retail or warehouse space. Plus, a 2,112-square-foot raised-ranch house on the back of the property with 5 bedrooms, 1 bathroom, and a walkout basement. Parking in the 567-square-foot garage, plus parking in the back driveway, and additional parking on Monroe St. Front retail store formerly used as a furniture store and zoned commercial. House on the back of the parcel is zoned residential and makes this mixed-use property perfect for a family business or business start-up. Retail building built in 1923 with solid wall structure, but needs a roof and TLC. The house was built in 1951, and needs remodeling. Lot size is 52.49 feet by 125 feet (approximately 0.15 acre). Combined square footage of house, garage, and building is 6,658 square feet. The commercial building's address is 500 W. Ridge Rd., Gary, IN 46408, and the house location is 3798 Monroe St., Gary, IN 46408. Located only 3 minutes away from Indiana University Northwest, and located less than 10 minutes away from Griffith, Merrillville, and Hobart. Please submit a proof of funds with offer. Schedule a showing today!

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Estimated Payment

$ 591.84 per month $512.05 Principal & Interest $21.75 Property Tax $58.04 Homeowner's Insurance
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Property Details

Property Type: Residential - Single Family
Garage: 2
Heating: None
Lot Size: 0.15 Acres
Stories: 1.0
Taxes: $261
Year Built: 1951

Amenities

Open Floorplan

Appliances

None

Feature Descriptions

Lot: Corner Lot
Rooms Total: 6
Sewer: Public Sewer
Water: Public

Room Information

Primary Bedroom: 10.0 x 8.0
Bedroom 2: 9.0 x 8.0
Bedroom 3: 9.0 x 8.0
Bedroom 4: 8.0 x 10.0
Bedroom 5: 8.0 x 9.0
Kitchen: 8.0 x 8.0

Location

See details and scored characteristics about this location.

Listing Office: Legacy Realty Group LLC

Listing Office Phone: (219) 756-5600



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