Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    724 151St St East Chicago, IN 46312

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $505,000

    Retail property with an established business and customer base.

    Property size:
    2,663 SF
    Lot size:
    0.17 Acres

    Property Features for 724 151St St

    General Information

    Size
    2,663 SF
    Lot size
    0.17 Acres

    Source: Diversified Commercial Real Estate Agent Dennis Larson

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

    Overview

    East Chicago Retail Opportunity

    This 2,663 square foot retail property is located in East Chicago, Indiana, and has been operating for over 28 years. The property benefits from low Indiana taxes and an established customer base. The sale includes both the real estate and the existing business.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -87.4805019
    Latitude
    41.6216652

    Nearby Similar for Lease

    • $1,500 /Mo
      3,750 SF

      East Chicago Commercial Space For Rent

      Commercial space for rent in East Chicago, Indiana.
      604 W 151St St, East Chicago, IN 46312
      View Details
    • $14 SF/Yr
      3,835 SF

      East Chicago Retail Space For Lease

      Prime Retail Building, High Visibility
      2002 Columbus Dr, East Chicago, IN 46312
      View Details
    • $12 SF/Yr
      11,469 SF

      East Chicago Warehouse Space Available

      Flexible Industrial Space, 500-10,469 sq ft
      425 151St St, East Chicago, IN 46312
      View Details
    • Contact for pricing
      32,752 SF

      Industrial Buildings Near Major Highways

      Three industrial buildings totaling 57,752 SF on 7.7 acres.
      East Chicago, IN 46312
      View Details
    • Contact for pricing
      11,960 SF

      East Chicago Warehouse with Storage

      Secured warehouse with outside storage, near major transportation routes.
      5137 Indianapolis Blvd, East Chicago, IN 46312
      View Details
    • Contact for pricing
      93,600 SF

      Industrial Space in East Chicago

      93,600 SF industrial property available for lease.
      4505 Euclid Ave, East Chicago, IN 46312
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail property with an established business and customer base.
    Where is this storefront property located?
    The property is located at 724 151St St East Chicago, IN.
    What are key features of this property?
    This property features: - Real estate & business included in the purchase.; - Benefit from an established customer base.; - This is a 28+ year business opportunity.
    (219) 836-4740
    Request Owner's contact information
    724 151St St East Chicago, IN 46312
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    724 151St St
    East Chicago, IN 46312
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    724 151St St East Chicago, IN 46312
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.