830 E 1050 N, Chesterton, IN 46304
Second-floor office condo with private street entrance, multiple offices, and an open administrative area.
- Added:
- Apr 22, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 11 at 2:17 am
Property Features for 830 E 1050 N
General Information
- Standard status
- Active
- Size
- 1,410 SF
Listing agent Nicholas Sommer License #RB14050981 (219) 405-8596
Listing office Century 21 Alliance Group (219) 405-8596
Listing date Apr 22, 2026
Source Exprealty
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 Century 21 Alliance Group
HighLights
- Second‑floor office condo with private street entrance
- Includes hardwood floors and recessed lighting
- Features a bathroom with shower
- Three spacious private offices overlooking Coffee Creek
- Large administrative area with an open floor plan and plenty of natural light
- Professionally managed by First American Property Management
Overview
Access is provided via a private entrance off the street. The property is described as professionally managed by First American Property Management, which may help simplify ongoing building and operational coordination.
For buyers seeking an office unit that balances private workspaces with collaborative or administrative functionality, this configuration supports day-to-day operations. The combination of three enclosed offices, a main administrative area, and an open plan can fit a range of professional service users, while the in-unit bathroom with shower adds practical convenience for staff and clients.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.0k | $17.04 |
| − Vacancy | −$1.4k | −$1.02 |
| EGI | $22.6k | $16.02 |
| − OpEx | −$5.6k | −$4.00 |
| NOI | $16.9k | $12.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chesterton
- County
- Porter
- State
- Indiana
- Longitude
- -86.97104
- Latitude
- 41.58531
