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    4802 Indianapolis Blvd East Chicago, IN 46312

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    For Sale
    Contact for pricing

    Mixed-use property with residential and commercial units on Indianapolis Boulevard.

    Property size:
    8,040 SF
    Lot size:
    0.44 Acres

    Property Features for 4802 Indianapolis Blvd

    General Information

    Size
    8,040 SF
    Lot size
    0.44 Acres

    Source: Latitude Commercial Agent John O'Malley

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

    Overview

    Mixed-Use Property on Indianapolis Boulevard

    This mixed-use property features 5 residential apartments and 4 commercial units, one of which is currently vacant and previously housed a pawn shop, spanning 4,680 square feet. The property is situated in a prime location on Indianapolis Boulevard, benefiting from high visibility and substantial traffic. Its location provides convenient access to the Indiana Toll Road and surrounding markets. The total property size is 8,040 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Laundry Laundry Service Woods Throne Laundry Laundromat Pawn King East ... Pawn Shop Law Offices Milan ... Attorney

    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
    -87.4813413
    Latitude
    41.6270768

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    FAQs

    What type of property is this?
    Retail space - Mixed-use property with residential and commercial units on Indianapolis Boulevard.
    Where is this retail space located?
    The property is located at 4802 Indianapolis Blvd East Chicago, IN.
    What are key features of this property?
    This property features: - Prime location on Indianapolis Boulevard with high visibility and traffic counts; - Features 5 residential apartments; - Includes 4 commercial units
    (765) 418-3900
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    4802 Indianapolis Blvd 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
    4802 Indianapolis Blvd East Chicago, IN 46312
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