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Office Units with Private Offices
For Lease
$1,850/Mo

1203 Sheffield Avenue, Dyer, IN 46311

Commercial Lease, Dyer, IN

Space Size820 SF
Lot Size0.60 Acres
Days on Market178

Property Features for 1203 Sheffield Avenue

General Information

Property type Commercial Lease
Property subtype Office
Elementary school district Lake Central
Middle school district Lake Central
High school district Lake Central
Directions Calumet Avenue to 213th. West on 213th to Sheffield. North on Sheffield to property.
Standard status Active
APN 451001451004000034
Size 815 SF
Lot size 0.60 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description N.150FT. OF S.887FT. OF S.1 T.35 R.10 LY'G W OF RRR/W & E. OF C.L SHEFFIELD AVE. 763 AC
Tax Annual Amount 8351
Legal Description N.150FT. OF S.887FT. OF S.1 T.35 R.10 LY'G W OF RRR/W & E. OF C.L SHEFFIELD AVE. 763 AC

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1970
Listing Agency: McColly Real Estate
Listed By: Renee Egnatz · License #227267792
Added: Apr 8 Changed: Sep 2 Last Checked: Oct 2 at 1:06AM
MLS# 836725

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 815-square-foot office unit at 1203 Sheffield Avenue provides a compact professional setting with two private offices, an entry and waiting area, open work space for 2+ additional team members, a kitchenette, and a private restroom. The layout supports focused offices alongside shared workspace for a small operation or satellite presence.

The property was built in 1970 and is served by forced-air, natural-gas heating, public water, and public sewer. The all-inclusive lease structure covers property taxes, building insurance, gas, electric, water, lawn care, snow removal, garbage service, and common area maintenance, keeping these operating costs within the lease arrangement.

Key Highlights

  • 815‑square‑foot office unit at 1203 Sheffield Avenue, Dyer, IN 46311
  • Two private offices plus an open work area for 2+ additional team members
  • Entry and waiting area for clients and guests

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 46311, IN

22,431
Population
9,128
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
1,780
Density / Sq Mi
$109,167
Median Household Income
$58,332
Median Earnings
$1,221
Median Rent
$300,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Dyer, IN

$21.22 /SF/Yr
Avg Asking Price
$9.63–$27.24 /SF/Yr
Price Range
1,782 SF
Avg Space Size

This space is priced 28% above the average of $21.22 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Functional workspace includes a client reception area, kitchenette, and dedicated restroom.
Where is this office units located?
The property is located at 1203 Sheffield Avenue Dyer, IN.
What is the lease rate?
The lease rate is $1,850/Mo.
What are key features of this property?
This property features: 815‑square‑foot office unit at 1203 Sheffield Avenue, Dyer, IN 46311; Two private offices plus an open work area for 2+ additional team members; Entry and waiting area for clients and guests
More about this property
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