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    Beverly Shores, IN Porter, IN Burns Harbor, IN Michigan City, IN Valparaiso, IN Dune Acres, IN Portage, IN Westville, IN
    All-Brick Fully Leased 12-Unit
    Updated: Apr 9
    All-Brick Fully Leased 12-Unit

    1623 Portage Ave, Chesterton, IN 46304

    $1,775,000
    10,500 sqft
    All‑brick, fully occupied 12‑unit apartment building (built 1966) with 2BD/1BA and 1BD/1BA units
    Unit mix: 10 two‑bedroom/one‑bath units and 2 one‑bedroom/one‑bath units
    9 of 12 apartments updated/remodeled in recent years
    Improvements since 2011 include new roof, gutters, and windows
    Separate utilities: each apartment is individually metered for NIPSCO and water/sewer
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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Apartment Building for sale in Chesterton, IN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Townhome-Style Multifamily Building
    Townhome-Style Multifamily Building

    1230-1256 Lake Charles Ave, Porter, IN 46304

    $1,750,000
    15,960 sqft

    Twelve 2-bedroom units with private decks, in-unit laundry hookups, and tenant-paid utilities for manageable operations.

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    Five-Unit Multifamily Building
    Five-Unit Multifamily Building

    320 E 8th St, Michigan City, IN 46360

    $450,000
    2,945 sqft

    Five well-defined apartment units, including one efficiency, three 1-bedrooms, and one 2-bedroom, with period interior details.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    320 E 8th, Michigan City, IN 46360

    $450,000
    0.16 AC lot

    Historic multifamily property with varied unit layouts, abundant windows, and public water and sewer service.

    View details
    28-Unit Townhome-Style Apartment Portfolio
    28-Unit Townhome-Style Apartment Portfolio

    1230 Lake Charles Ave, Porter, IN 46304

    $4,200,000
    37,240 sqft

    Three townhome-style apartment properties with individually metered units, private outdoor areas, and in-unit laundry hookups.

    View details

    Chesterton, IN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Chesterton, IN on our real estate platform. These investment opportunities span a total of 10,500 square feet of properties for sale, with an estimated market value of $1,775,000.

    Sale prices for apartment complexes in Chesterton, IN average $1,775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 27K
    Population Growth (5Y) +10.0%
    Median Household Income $88,551
    College Educated 45.6%

    High-Yield Neighborhoods for Investment

    Identify Chesterton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46304 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $45.81 per SF
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Porter County

    New Delisted

    Total CRE Inventory on Market (SF)

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    • 46304

    Featured Chesterton Real Estate Agencies

    Realmo connects you with licensed Chesterton CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Dunes Realty LLC
    709 Plaza Drive, Suite 2-240 Chesterton, IN 46304
    Phone: (219) 617-6700
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