Property profile

1117 Lincoln Hwy Merrillville, IN 46410

OFF-MARKET
Retail space
Property ID
US31-0634885
15,910 SF 0.94 ac lot Built 1986
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Construction TYPE NOT SPECIFIED
Total area 15,910 SF
Lot 0.94 ac (40,946 SF)
APN 45-12-21-326-001.000-030
UPID US31-0634885

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1117 Lincoln Hwy Merrillville, IN 46410-5324
Merrillville metro Census 42509 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$655k
Blend (final) Blend
$730k

Owner & transaction history

since 2025
3 recorded transactions
2025
$1.1M
2006
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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