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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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    See hot listings in Chesterton

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Chesterton, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    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.

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    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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    8-Unit Townhome Apartment Community
    8-Unit Townhome Apartment Community

    1710 Firestone Ln, Valparaiso, IN 46383

    $1,350,000
    11,678 sqft

    Townhome units feature private double-car garages, in-unit laundry, and a 2024 roof replacement.

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    Five-Unit Brick Apartment Building
    Five-Unit Brick Apartment Building

    502 Monroe/ 251 Locust, Valparaiso, IN 46383

    $484,993
    3,166 sqft

    Two-story apartment property with on-site parking and a two-car garage near downtown Valparaiso.

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    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 two-family homes 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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Porter County

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