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    400 E 151St St East Chicago, IN 46312

    For Sale
    Contact for pricing

    52+ acre industrial land near interstates, utilities on site.

    Property size:
    52 SF
    Lot size:
    52.00 Acres

    Property Features for 400 E 151St St

    General Information

    Size
    52 SF
    Lot size
    52.00 Acres

    Source: Marc Hale Agent Marc Hale

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    52 Acres Industrial Land Available

    This industrial land, spanning 52+ acres, is located minutes from the Illinois State Line and less than 5 miles from multiple interstates, with numerous full interchanges nearby. The site is equipped with utilities and has industrial zoning. It benefits from low Lake County, Indiana property taxes and a pro-business and development environment, along with an excellent local labor market. Site remediation will soon be completed. Possible property tax abatement or TIF funds and local and state incentives are available.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    East Chicago
    County
    Lake
    State
    Indiana
    Longitude
    -87.444533
    Latitude
    41.650819

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    FAQs

    What type of property is this?
    Land - 52+ acre industrial land near interstates, utilities on site.
    Where is this land located?
    The property is located at 400 E 151St St East Chicago, IN.
    What are key features of this property?
    This property features: - 52+ acre site with industrial zoning; - Pro-business environment with local and state incentives; - Site equipped with utilities
    (312) 722-1435
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    400 E 151St St East Chicago, IN 46312
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    East Chicago, IN 46312
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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
    400 E 151St St East Chicago, IN 46312
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