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Mixed-Use Building with Retail Units
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4802 Indianapolis Blvd, East Chicago, IN 46312

5 residential apartments and 4 commercial units, including one vacant former Pawn King space.

Property Size8,040 SF
Days on Market354

Property Features for 4802 Indianapolis Blvd

General Information

Standard status Active
Size 8,040 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included No
Multifamily Units 5
Listing Agency: Latitude Commercial
Listed By: John O'Malley · License #RB17000952
Source: Moodyscre
Added: Sep 24, 2025 Changed: Sep 10 Last Checked: Sep 12 at 11:31AM

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 Latitude Commercial

Investment Insights

Based on property information with market context.

This mixed-use property includes 5 residential apartments and 4 commercial units. The commercial lineup features one vacant space that was formerly occupied by Pawn King and totals 4,680 square feet.

The building is positioned on Indianapolis Boulevard with high visibility and traffic counts. It also offers easy access to the Indiana Toll Road and surrounding markets.

For buyers and brokers evaluating a combined residential-and-retail setup, the current configuration provides both income-producing apartment units and dedicated commercial space, with one storefront ready for occupancy.

Key Highlights

  • Mixed‑use property with 5 residential apartments and 4 commercial units
  • One commercial unit is vacant (Former Pawn King) and totals 4,680 SF
  • Commercial and residential units located on Indianapolis Boulevard

Property Analytics

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Current Use

Laundry (Bike/Boat/Book/etc) Store Woods Throne Laundry (Bike/Boat/Book/etc) Store Pawn King East ... Discount Store Law Offices Milan ... Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Nail Salon Kitchen & Bath Showroom HVAC Service

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

5
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

593
Businesses Nearby

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

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 5 residential apartments and 4 commercial units, including one vacant former Pawn King space.
Where is this apartment building located?
The property is located at 4802 Indianapolis Blvd East Chicago, IN.
What are key features of this property?
This property features: Mixed‑use property with 5 residential apartments and 4 commercial units; One commercial unit is vacant (Former Pawn King) and totals 4,680 SF; Commercial and residential units located on Indianapolis Boulevard
(765) 418-3900 Call to check price and availability
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