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Property profile & analytics
OFF-MARKET
Land

4001-05 Main St East Chicago, IN 46312

0.22 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.223-acre commercial land parcel is ideally situated in the heart of East Chicago, Indiana, at 4001-05 Main St, zip code 46312. Located in Lake County, this property presents a unique investment opportunity within a rapidly developing urban renewal zone. Its prime location offers unparalleled access to major transportation arteries, highways, and the allure of Lake Michigan's Duneland Shores. The proximity to commuter rail, Chicagoland, significant industrial areas, and airports further enhances its strategic value. The site boasts essential amenities, including access to Lake Michigan water and city sewer systems. This burgeoning area is experiencing a surge in residential construction and revitalization projects, creating a dynamic and promising environment for new businesses. Surrounded by schools, this location offers a blend of commercial potential and community vibrancy. All necessary permits are processed through the City of East Chicago. This is a rare chance to acquire a highly desirable commercial lot in a thriving urban setting. The asking price is $30,000.

Property profile
Verified
Property type Land
Lot 0.22 ac (9,714 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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