Incredible and rare Income-Producing Sheridan Beach vacation rental. Fully stabilized, this beautiful, high-demand LAKE VIEW property produces 85,000 in documented gross rental income on a rolling 12 months as of May 2026 with opportunity to earn even more with more available dates. Many bookings already for 2026. All the hard work is done so you can walk into this Turn-Key high-performing vacation rental with PROVEN income-producing history during peak and non-peak seasons. The home itself is a custom-built gem perched high on top of a dune, offering panoramic views of Lake Michigan, Washington Park, and Chicago. Renters love the open concept, generous parking including 2.5 car garage, fully-stocked kitchen with newer stainless steel appliances, and full bathrooms in each bedroom. Built for utility and enjoyment, this property delivers a memorable experience. Other features include generous outdoors space and close access to community staircase that makes a short five minute walk to the beach and short trip to two local restaurants, Blue Chip Casino, and Downtown Michigan City. New Roof in 2025 and new furnace with whole house humidifiers and Ecobee thermostats in 2026. Property has been personally managed with professional cleaning to establish glowing online reputation with many positive reviews. Owner will assist purchaser with transition during upcoming rental season to owner's online rental platforms and cleaners. All furnishings and decor included except for two cabinets. Generate great passive income and own a property with unique features that you can enjoy as well!
Listing Courtesy of NIRA as distributed by MLS GRID / Listed By: Justin Berggren, Coldwell Banker Market Connections
$425,000 (USD)
Center Area Single Family Home
Active
1952 Hayes Leonard Road Valparaiso, IN 46385
5 Bed
2.1 Baths
2301 sqft
MLS# 836013
To-the-studs rehabbed sprawling ranch on a one-acre lot just outside of town, offering 5 bedroom (main-level master ensuite), 3 bathroom, and a finished basement with bedroom and bath. Set far back off the road, you are welcomed by the brick exterior and beautiful expansive space. Enter into the new open-concept design that joins a large living room, kitchen with island, and separate dining space bathed in natural and new recessed lighting. The kitchen features custom, soft-close cabinets, quartz counters, tile backsplash, and upgraded GE black stainless steel appliances package included. New space and separation? The brand new MAIN LEVEL PRIMARY SUITE with connected bath features tiled walk-in shower, HUGE closets, and separation from the other bedrooms. A separate full bathroom is conveniently located on the other end of the house between three additional main-level bedrooms. This home also features a finished basement, with a family room, large bedroom with egress window and bathroom with another tiled walk-in shower. The basement was professionally waterproofed prior to completing and carries a transferrable warranty. There is a large unfinished area for storage and laundry. This was a comprehensive rehab and construction project with updates that include new windows, new garage door, front and rear sliding door, as well as all new electric, plumbing, and modern lighting. Brand new well pump and pressure tank. All receipts and warranties on hand for an easy ownership experience.
Listing Courtesy of NIRA as distributed by MLS GRID / Listed By: Justin Berggren, Coldwell Banker Market Connections
$259,900 (USD)
Portage Area Single Family Home
Active
6091 Mulberry Avenue Portage, IN 46368
3 Bed
1 Baths
1040 sqft
MLS# 838719
New from the top down, well below the cost to build new. Rebuilt, not merely Rehabbed with entirely new exterior and interior including all new mechanicals, electric, and plumbing. Three bedroom ranch prides with attention to detail everywhere. Totally custom open concept kitchen with upgraded quartz counters and custom mosaic tile. Your living space is wide open offering an airy feel and maximizing space. Carpentry is two panel doors and square stock trims. Upgraded lighting throughout and all the bedrooms have fans. Great backyard with new deck stairs with metal spindles. Detached 2.5 garage also has new roof, which was reinforced, new sheathing and siding. Not your average home offering great value over new construction. This home offers a brand new appliance package. Must see to appreciate.
Listing Courtesy of NIRA as distributed by MLS GRID / Listed By: Justin Berggren, Coldwell Banker Market Connections