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    5300 Indianapolis Blvd East Chicago, IN 46312

    For Sale
    $325,000

    Nearly 4 acre industrial lot near transportation routes.

    Lot size:
    3.91 Acres

    Property Features for 5300 Indianapolis Blvd

    General Information

    Lot size
    3.91 Acres

    Source: Coldwell Banker Realty Agent Coldwell Banker Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Chicago Industrial Land Opportunity

    This industrial lot, spanning almost 4 acres, is located in a high-demand industrial corridor. The property is situated minutes from the South Shore Train Station and major transportation routes, including I-94 and I-90. The zoning is industrial, providing space for warehousing and trucking operations. The site features wide street frontage. The surrounding area includes established industrial and commercial operations. This property is being sold AS IS. It is suited for manufacturing, logistics, or redevelopment uses and offers potential for business expansion, new facilities, or investment in East Chicago's industrial sector.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Chicago
    County
    Lake
    State
    Indiana
    Longitude
    -87.482288
    Latitude
    41.616929

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    FAQs

    What type of property is this?
    Industrial land - Nearly 4 acre industrial lot near transportation routes.
    Where is this industrial land located?
    The property is located at 5300 Indianapolis Blvd East Chicago, IN.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Prime industrial location with easy access to South Shore Train Station, I-94, and I-90.; - Large lot size of nearly 4 acres.; - Zoned for industrial use, suitable for warehousing, trucking, and manufacturing.
    Request Owner's contact information
    5300 Indianapolis Blvd East Chicago, IN 46312
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    East Chicago, IN 46312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5300 Indianapolis Blvd East Chicago, IN 46312
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