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    208 Illinois St Wanatah, IN 46390

    Sponsored
    For Sale
    $135,000

    Spacious office building, extra lot included.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property located at 208 N Illinois Street, Wanatah, Indiana, presents a significant opportunity for investors and businesses alike. The building boasts over 8,000 square feet of usable space, offering ample room for a variety of commercial ventures. The layout is versatile and could easily be adapted to suit diverse needs. A key feature is the substantial kitchen located in the basement, complete with a generous seating area – perfect for employee break rooms or even potential catering operations. Adding to the property's value is the inclusion of an additional lot, totaling 0.19 acres, providing extra space for expansion, parking, or outdoor amenities. The current zoning may require modification if the building is not used as a church

    Property Features for 208 Illinois St

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1885
    Property Profile Location Intelligence

    Current Use by Public Records

    Living Faith Fellowship Church

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Hair Salon Clothing Store Auto Parts Store Department Store Kitchen & Bath Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wanatah
    County
    La Porte
    State
    Indiana
    Longitude
    -86.89819
    Latitude
    41.43145

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious office building, extra lot included.
    Where is this office property / space located?
    The property is located at 208 Illinois St Wanatah, IN.
    What is the asking price?
    The asking price for this property is $135,000.
    Request Owner's contact information
    208 Illinois St Wanatah, IN 46390
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    Wanatah, IN 46390
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    208 Illinois St Wanatah, IN 46390
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