All-Brick Fully Leased
1623 Portage Ave Chesterton, IN 46304
1623 Portage Ave, Chesterton, IN, 46304
$1,800,000
For Sale
$1,800,000
All-brick, fully occupied 12-unit building features 2-bedroom and 1-bedroom apartments with separate utilities and on-site laundry.
Days on Market105
Property Features for 1623 Portage Ave
General Information
- Standard status
- Active
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1966
Listing agency
Diversified Commercial Real Estate
(219) 836-4740
Listed by
Mike Larson · License ##RB14030764
Source
Commercialcafe
Added: Apr 9 Updated: Jul 21 at 6:05PM Checked: Jul 21 at 6:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Diversified Commercial Real Estate
Investment Insights
Based on property information with market context.
This all-brick, fully occupied 12-unit apartment building consists of ten 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Nine of the apartments have been updated or remodeled within the last few years. Improvements since 2011 include a new roof, gutters, and windows. Each unit is separately metered for NIPSCO and water/sewer, with wall air conditioners and baseboard heat. The landlord covers common area utilities, snow removal, landscaping, and garbage. On-site laundry serves the building.
The property is located a few miles from Chesterton High School and is surrounded by single-family homes. It also provides convenient access to downtown Chesterton and is close to Indiana Dunes National Park.
Parking is provided at the front and rear of the building.
The property is located a few miles from Chesterton High School and is surrounded by single-family homes. It also provides convenient access to downtown Chesterton and is close to Indiana Dunes National Park.
Parking is provided at the front and rear of the building.
Key Highlights
- All‑brick, fully occupied 12‑unit apartment building (built 1966) with 2BD/1BA and 1BD/1BA units
- Unit mix: 10 two‑bedroom/one‑bath units and 2 one‑bedroom/one‑bath units
- 9 of 12 apartments updated/remodeled in recent years
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FAQs
What type of property is this?
Apartment building - All-brick, fully occupied 12-unit building features 2-bedroom and 1-bedroom apartments with separate utilities and on-site laundry.
Where is this apartment building located?
The property is located at 1623 Portage Ave Chesterton, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: All‑brick, fully occupied 12‑unit apartment building (built 1966) with 2BD/1BA and 1BD/1BA units; Unit mix: 10 two‑bedroom/one‑bath units and 2 one‑bedroom/one‑bath units; 9 of 12 apartments updated/remodeled in recent years
