Flex Property with Gated
4707 Euclid Avenue, East Chicago, IN 46312
For Sale
$1,750,000
Commercial Sale, East Chicago, IN
Property Size19,040 SF
Lot Size0.43 Acres
Price / SF$91.91
Days on Market34
Property Features for 4707 Euclid Avenue
General Information
Property type
Property subtype
Rooms
Parking
Parking features
Interior features
Exterior features
Basement
Subdivision
Lot features
View
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Amenities
Private Offices
Conference Rooms
Full Kitchen
Bathroom Facilities
Building Details
Year built
Additional Structures
Listing Agency:
Double Diamond Real Estate LLC
(219) 462-6900
Listed By:
Jennifer Ward · License IN #471012379
(219) 406-1458
Added: Oct 10
Changed: Oct 24
Last Checked: Nov 12 at 8:06AM
MLS# 846680
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 19,040-square-foot flex property was built in 1939 and sits on 0.43 acres. Interior features include warehouse space, several private offices, conference rooms, a kitchen, bathrooms, and high ceilings. Overhead drive-in doors provide direct access between the building and its exterior area, which is fenced and gated for storage or parking. The property also has a basement.
The site is positioned on a corner described as a high-traffic intersection, with access to major highways. The property comprises four parcel numbers and addresses and is zoned Light Manufacturing and Assembly.
The site is positioned on a corner described as a high-traffic intersection, with access to major highways. The property comprises four parcel numbers and addresses and is zoned Light Manufacturing and Assembly.
Key Highlights
- 19,040 square feet of flex space on 0.43 acres
- Zoned Light Manufacturing and Assembly
- Fenced, gated yard with indoor and outdoor storage capacity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,130
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,682,600
$2.7M
Cap Rate 7%
$1,916,143
$1.9M
Cap Rate 9%
$1,490,333
$1.5M
Market Conditions
NOI Build-Up for 19,040 SF
Gross rent
$166.8K $8.76/SF
− Vacancy
−$9.0K −$0.47/SF
EGI
$157.8K $8.29/SF
− OpEx
−$23.7K −$1.24/SF
NOI
$134.1K $7.04/SF
Area
Lake County, IN
Vacancy
5.39%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,682,600
Cap Rate 7%
$1,916,143
Cap Rate 9%
$1,490,333
Alternative Uses
Best Use
Warehouse
$1.92M
$1.68M – $2.24M
NOI $134,130 @ 7.0% cap · market cap 7.66%
Second Best
Industrial
$1.58M
$1.38M – $1.84M
NOI $110,460 @ 7.0% cap · market cap 6.31%
Theoretical Best
Specialty Retail
$5.32M
$4.65M – $6.20M
NOI $372,065 @ 7.0% cap · market cap 21.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46312, IN
26,370
Population
12,429
Households
2.1
Avg Household Size
33
Median Age
10%
College-Educated
74%
High-School Grad
14.0 sq mi
ZIP Area
1,884
Density / Sq Mi
$41,071
Median Household Income
$32,930
Median Earnings
$820
Median Rent
$92,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Lake County, IN
Properties on Market for Flex space in Lake County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A fenced exterior area complements warehouse space, private offices, meeting rooms, and an on-site kitchen.
Where is this flex space located?
The property is located at 4707 Euclid Avenue East Chicago, IN.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 19,040 square feet of flex space on 0.43 acres; Zoned Light Manufacturing and Assembly; Fenced, gated yard with indoor and outdoor storage capacity
