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Renovated 11-Unit Apartment Building

1704 Indianapolis Boulevard, Whiting, IN 46394

For Sale
Contact for pricing

Apartments include balconies, plus shared laundry and storage rooms.

Property SizeContact for details
Days on Market21

Property Features for 1704 Indianapolis Boulevard

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 9 x 2BR/1BA, 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 11

Amenities

balconies
storage room
laundry room

Building Details

Buildings 1
Listing Agency: Horvath & Tremblay
Listed By: Anthony Spangler · License IL #475173833
Source: Crexi
Added: Oct 21 Changed: Nov 8 Last Checked: Nov 10 at 5:48AM

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 Horvath & Tremblay

Rey
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Investment Insights

Based on property information with market context.

This 11-unit apartment building has a mix of nine 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one 1-bedroom/1-bath unit. Apartments and common areas have updated cabinets, tile bathrooms, flooring, and fixtures. Balconies extend the unit layouts, while residents have access to shared laundry and storage rooms; both spaces have been renovated.

The property is at 1704 Indianapolis Boulevard in Whiting, a few blocks from downtown.

Key Highlights

  • 11 apartments: nine 2‑bedroom/1‑bath, one 3‑bedroom/1‑bath, and one 1‑bedroom/1‑bath
  • Apartment and common‑area upgrades include cabinets, tile bathrooms, flooring, and fixtures
  • Balconies, renovated tenant laundry room, and renovated storage room

Property Analytics

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Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby

Demographics for 46394, IN

11,725
Population
5,437
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
86%
High-School Grad
4.7 sq mi
ZIP Area
2,495
Density / Sq Mi
$66,386
Median Household Income
$41,643
Median Earnings
$970
Median Rent
$162,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Lake County, IN

$151 Jul
$135 Aug
$119 Sep
$107 Oct

Properties on Market for Apartment buildings in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartments include balconies, plus shared laundry and storage rooms.
Where is this apartment building located?
The property is located at 1704 Indianapolis Boulevard Whiting, IN.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 11 apartments: nine 2‑bedroom/1‑bath, one 3‑bedroom/1‑bath, and one 1‑bedroom/1‑bath; Apartment and common‑area upgrades include cabinets, tile bathrooms, flooring, and fixtures; Balconies, renovated tenant laundry room, and renovated storage room
(312) 533-8899 Call to check price and availability
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