4001-05 Main St East Chicago, IN 46312
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.