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503 98Th Ave Crown Point, IN 46307

  • Industrial properties
  • 51,000 SF
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Industrial properties

Property Details for 503 98Th Ave

Property size
51,000 SF
Property type
Industrial properties
Property subtype
Flex space

Description

This exceptional 51,000-square-foot flex space in Lake County, Illinois, is available for lease. Located within a 386-acre master-planned business park, this single-tenant building offers convenient access to I-65 via US 30 & 109th Ave (6-minute drive). The property boasts a 20-foot ceiling height, four dock-high doors, and four drive-in doors, ensuring efficient loading and unloading. Ample parking is provided with 114 spaces. The building features a precast insulated core panel with an EPDM roof, a 4-inch reinforced concrete slab at the front bays, and a 6-inch reinforced concrete slab at the rear bay. The interior column bays measure 40' x 50', while end bays are 50' x 50'. High-speed fiber optic telecom and all municipal utilities are in place. The building is fully improved and offers flexible, economical designs. A tax abatement is available. The property sits on 4.73 acres and is divisible to 7,500 square feet. Building amenities include LED lighting, rooftop HVAC units with individual suite control, a wet pipe ESFR sprinkler system, and power to suit tenant needs. Expected delivery is May 2024. The strategic location offers proximity to downtown Chicago (30 minutes) and is surrounded by convenient support services, attractions, and amenities. This property presents a unique opportunity for businesses seeking a modern, efficient, and well-located industrial/flex space.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Crown Point
County
Lake
State
Indiana
Longitude
-87.331
Latitude
41.4392
More about this property
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