910 Richard Road, Dyer, IN 46311
Three-office-suite building with two leased units through late 2027 and an available 1,014 sf suite for occupancy.
- Added:
- Jun 9, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 20 at 3:12 am
Property Features for 910 Richard Road
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing agent Chandler Kimmel License #IN RB22001170
Listing office Latitude Commercial (219) 864-0200
Listing date Jun 9, 2026
Source Crexi
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
HighLights
- Three office suites in a building built in 1982
- Two units are currently leased with leases running into late 2027
- One 1,014 SF suite is available for lease and can be occupied by a buyer
- Located on Richard Road in Dyer, just off the corner of US 30 and Calumet Avenue
- Taxes are approximately $4,700 annually
Overview
The property is located on Richard Road in Dyer, Indiana, just off the intersection of US 30 and Calumet Avenue. The asset sits in a southeastern suburb of Chicago and is within St. John Township in Lake County.
For buyers seeking an office property with in-place occupancy, this offering provides a combination of continued leased income through late 2027 and an additional suite that can be occupied by the buyer. For owner-users or tenants, the available 1,014 sf unit offers a straightforward path to move in and operate from a dedicated office space within a small, multi-suite building.
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 | $86.4k | $21.60 |
| − Vacancy | −$18.7k | −$4.69 |
| EGI | $67.7k | $16.91 |
| − OpEx | −$16.9k | −$4.23 |
| NOI | $50.7k | $12.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dyer
- County
- Lake
- State
- Indiana
- Longitude
- -87.5073634
- Latitude
- 41.4910753
