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Sold on 07/16/2024

1242 121st St, Whiting, IN 46394

  • $411,000

    Last sold 07/16/2024 for $390K

  • 7

    bed

  • 4

    bath

  • 3,072

    Sqft ($127/Sqft)

Multi-family not for sale
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About 1242 121st St

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 3,742 Sqft
Movoto estimate
Property description
Fully leased 4 unit building. Three large 2 bedroom apartments and one 1 bedroom apartment. Two of the four units completely renovated. Major recent carpex with windows replaced with high quality vinyl just 2 months ago and it has a 5 year warranty in the entire building. Newer roof as well. Spacious, attractive units on quiet residential street in Whiting. Close to reinvigorated downtown Whiting and easy access to the expressway and Skyway, This renters paradise just steps from Lake George waterfront and trail and minutes from Whiting Lakefront Park. Perfect location for those commuting to Chicago suburbs, Gary, Hammond and Munster. Individual radiant heat for each unit. Tenants pay gas and electric. Low expenses and great net income.
Listed by
Listing Agent - Michael Dailey
Listing Office - Listing Leaders Advantage, LLC
Source: NIRA mls logo
MLS#540120 • last updated 1 year ago
Movoto checked NIRA for data 5 minutes ago
Overview
Type Residential Income
SubType Quadruplex
SqFt 3072
Status Closed
MLS # 540120
Lot Size (Acres) 0.0859
Lot Size (SqFt) 3742
Property Tax 5027
Year Built 1923
Interior
Total # of Bathrooms 4
# of Full Baths 4
# Bedrooms 7
Total # of Rooms 15
Interior Features Elevator
Exterior
Parking Desc None
# of Parking Spaces 2
Exterior Features Balcony
Lot Dimensions 30x125
Amenities / Utilities
Utilities Electricity Available, Sewer Available, Natural Gas Available
Water Source Public
Pets Allowed Yes
Location
County Lake
Subdivision Citizens Co Add 1
Directions Get On I-80 W/I-94 W/US-6 W In Gary From E Old Ridge Rd. Continue On I-80 W/I-94 W/US-6 W. Take IN-912 W To US-41 N/Calumet Ave In Hammond. Take The US-41/Calumet Ave Exit From IN-912 W. Continue On US-41 N/Calumet Ave. Drive To E 121st St In Whiting
APN 450307401016000000
Multifamily Details
Owner Pays Sewer, Water
Gross Scheduled Income 44280
Total Rent 44280
Net Operating Income 35775
Lot/ Land Details
Road Surface Gravel
$411K
Range: $353K-$468K
Last 30 days 
  • Jul 2024
    mls logo MLS # 540120
  • Jul 16, 2024 Sold
    $390,000 (+1.3%)
  • Apr 9, 2024 Listed
    $385,000
  • Feb 9, 2024 Active
    —
  • Oct 1, 2023 Listed
    $385,000 (-1.0%)
  • Sep 2023
    mls logo MLS # 524172
  • Sep 26, 2023 Listed
    —
  • Aug 28, 2023 Active
    —
  • Jun 28, 2023 Price Change
    $389,000 (-2.5%)
  • May 17, 2023 Listed
    $399,000 (+6.4%)
  • Jan 20, 2023 Active
    —
  • Jan 20, 2023 Price Change
    $375,000 (-6.0%)
  • Dec 23, 2022 Listed
    $399,000 (+33.0%)
  • Jun 2022
    mls logo MLS # 513138
  • Jun 15, 2022 Deal Fell Through
    —
  • Jun 4, 2022 Active Undr Contract
    —
  • May 26, 2022 Listed
    $299,900
  • 1242 121st St
    $390K
  • Citizens Co Add 01
    —
  • 46394
    $244K -2% y/y
  • Whiting
    $247K -1% y/y
No chart available
Statistics calculated by Movoto

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6/10
Nathan Hale Elementary School
public Grades PK, K-5
Whiting School City
4/10
Whiting Middle School
public Grades 6-8
Whiting School City
4/10
Whiting High School
public Grades 9-12
Whiting School City
Source: GreatSchools.org © 2026. All rights reserved.

Around Citizens Co Add 01

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