10-Unit Apartment
4851 Indianapolis Boulevard, East Chicago, IN 46312
For Sale
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The two-story property includes an on-site laundry facility and dedicated parking.
Property Size10,000 SF
Lot Size0.34 Acres
Price / SF$90
Days on Market14
Property Features for 4851 Indianapolis Boulevard
General Information
Standard status
Size
Net Rentable
Total Parking Spaces
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
on-site laundry
Building Details
Buildings
Stories
Listing Agency:
Horvath & Tremblay
Listed By:
Anthony Spangler · License IL #475173833
(312) 533-8899
Source:
Crexi
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 12 at 7:40AM
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
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Investment Insights
Based on property information with market context.
This two-story apartment property contains 10 units: four one-bedroom, one-bathroom apartments and six two-bedroom, one-bathroom apartments. The building provides 8,500 square feet of living area within 10,000 total gross square feet, on a 0.34-acre parcel. An on-site laundry facility and 10 parking spaces are included.
Indianapolis Boulevard (US Highway 20) provides direct corridor access, with Calumet Avenue (US Highway 41) and Interstate 90 among the nearby regional routes. East Chicago and Hammond Gateway Stations offer access to South Shore Line commuter rail service. Retail and dining amenities, along with employment centers in East Chicago, Whiting, Hammond, and the surrounding Lake Michigan industrial corridor, are also nearby.
Indianapolis Boulevard (US Highway 20) provides direct corridor access, with Calumet Avenue (US Highway 41) and Interstate 90 among the nearby regional routes. East Chicago and Hammond Gateway Stations offer access to South Shore Line commuter rail service. Retail and dining amenities, along with employment centers in East Chicago, Whiting, Hammond, and the surrounding Lake Michigan industrial corridor, are also nearby.
Key Highlights
- 10 apartments: four 1‑bedroom/1‑bathroom units and six 2‑bedroom/1‑bathroom units
- 8,500 square feet of living area within 10,000 total gross square feet
- Two‑story building on a 0.34‑acre parcel
Property Analytics
Who owns this building?
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Lease Details
10
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
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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
$92,400
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Lake County, IN
Properties on Market for Apartment buildings in Lake County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The two-story property includes an on-site laundry facility and dedicated parking.
Where is this apartment building located?
The property is located at 4851 Indianapolis Boulevard East Chicago, IN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 10 apartments: four 1‑bedroom/1‑bathroom units and six 2‑bedroom/1‑bathroom units; 8,500 square feet of living area within 10,000 total gross square feet; Two‑story building on a 0.34‑acre parcel
