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… Read More 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! Read Less
Courtesy of , Coldwell Banker Market Connect .
Listing Snapshot
Days Online
190
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
5
Lot Size
0.12 Acres
Year Built
2002
MLS Number
835168
30 Days Snapshot Of 46360
$355k
-9%
(avg) sold price
34
-22%
homes sold
68
-18%
(avg) days on market
Snapshot
Area Map
Source: Home Junction
Additional Details
Appliances & Equipment
Appliances: Dryer, Washer, Refrigerator, Microwave, Electric Range, Dishwasher
Basement
Basement: Crawl Space
Building
Levels: Two, Living Area: 2856, Year Built: 2002
Exterior Features
Exterior Features: Balcony
Fireplaces
Fireplace Features: Electric, Living Room, Fireplaces Total: 1
Garage
Garage Spaces: 2.5
Water Features
Water Front Features: Beach Access, Lake Front
Heating
Heating: Forced Air
Interior Features
Interior Features: Double Vanity, Kitchen Island, High Ceilings, Eat-in Kitchen
Laundry
Laundry Features: Gas Dryer Hookup, Washer Hookup, Upper Level
Lot
Features: Back Yard, Landscaped, Front Yard, 0 acres, 5130 square feet, View: Lake, Park/Greenbelt, Neighborhood
Parking
Parking Features: Garage Door Opener, Garage Faces Front, Driveway, Off Street
Sewer
Sewer: Public Sewer
Utilities
Water Source: Public
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Listings courtesy of Greater Northwest Indiana Association of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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