2201-03 Broadway St East Chicago, IN 46312
- Retail properties
- 11,160 SF
Current Use by Public Records
- Retail properties
Property Details for 2201-03 Broadway St
- Year built
- 1926
- Property size
- 11,160 SF
- Property type
- Retail properties
Description
This exceptional three-story retail property, located at 2201-03 Broadway in East Chicago, Indiana, presents a unique investment opportunity. Boasting 11,160 square feet on an equally sized lot, this 1926 building offers immense potential for redevelopment. Its prime location in downtown East Chicago, minutes from the Chicagoland region, places it within a rapidly revitalizing urban area. The building's history as a PNC Bank adds character and a strong foundation for various uses. Potential conversions include a mini-shopping center, featuring diverse shops, restaurants, and entertainment venues, catering to both locals and visitors. The property benefits from existing city water and sewer connections, along with functional NIPSCO utilities. Its convenient proximity to public transportation, parks, highways, beaches, schools, manufacturing businesses, and the Gary/Chicago International Airport enhances its appeal. This is a remarkable chance to capitalize on the growth and revitalization of East Chicago. The property is situated at the historic corner of Broadway and Main Street, a location that has consistently proven successful for a wide range of businesses. The city of East Chicago is the municipality.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Chicago
- County
- Lake
- State
- Indiana
- Longitude
- -87.4505
- Latitude
- 41.6428
