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    208 Illinois St Wanatah, IN 46390

    • Retail space
    • 8,006 SF
    • 0.19 lot acres
    For Sale
    View listing
    $135,000
    Value Estimation
    Location Intelligence
    Property ID
    US31-1745580
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Living Faith Fellowship / Church

    Property Details for 208 Illinois St

    Year built
    1885
    Construction
    WOOD
    Lot size
    0.19 lot acres
    Property size
    8,006 SF
    Property type
    Retail space
    APN
    46-17-05-204-010.000-002
    APU
    461705204010000002

    Description

    This exceptional commercial property located at 208 N Illinois Street, Wanatah, Indiana, presents a significant opportunity for investors and businesses alike. The building boasts over 8,000 square feet of usable space, offering ample room for a variety of commercial ventures. The layout is versatile and could easily be adapted to suit diverse needs. A key feature is the substantial kitchen located in the basement, complete with a generous seating area – perfect for employee break rooms or even potential catering operations. Adding to the property's value is the inclusion of an additional lot, totaling 0.19 acres, providing extra space for expansion, parking, or outdoor amenities. The current zoning may require modification if the building is not used as a church

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wanatah
    County
    Laporte
    State
    Indiana
    Longitude
    -86.8982
    Latitude
    41.4314
    CBSA code
    33140
    CBSA name
    MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,854
    $13,000
    $100,600
    $113,600
    -
    $13,000
    $100,600
    $113,600

    Comparable in this City

    • Value Estimation
      $295,000
      2,204 SF

      10550 Us Hwy 30

      RETAIL STORES (PERSONAL SERVICES) • 2,204 SF
      10550 Us Hwy 30, Wanatah, IN 46390-9777
      View Details
    • Value Estimation by Request
      2,125 SF

      107 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,125 SF
      107 Main St, Wanatah, IN 46390
      View Details
    • Value Estimation
      $325,000
      746 SF

      10700 Us Hwy 30

      RETAIL STORES (PERSONAL SERVICES) • 746 SF
      10700 Us Hwy 30, Wanatah, IN 46390-9767
      View Details
    • Value Estimation
      $300,000
      1,286 SF

      10175 Us Hwy 30

      RETAIL STORES (PERSONAL SERVICES) • 1,286 SF
      10175 Us Hwy 30, Wanatah, IN 46390
      View Details
    • Value Estimation by Request
      3,308 SF

      104 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,308 SF
      104 Main St, Wanatah, IN 46390-0107
      View Details
    • Value Estimation by Request
      3,188 SF

      102 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,188 SF
      102 Main St, Wanatah, IN 46390
      View Details

    Similar Nearby for Sale

    • $265,000
      0.36 Acres

      Prime Hwy 30 Office Space

      Wanatah Office Building - Immediate Occupancy
      10227 Us Highway 30, Wanatah, IN 46390
      View Details
    • $135,000
      0.19 Acres

      Wanatah Office Building - Great Potential

      Spacious office building, extra lot included.
      208 Illinois St, Wanatah, IN 46390
      View Details
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    208 Illinois St
    Wanatah, IN 46390
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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