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    Property profile & analytics

    1198 129th Ave Crown Point, IN 46307

    • Medical offices
    • 15,648 SF
    • 3.76 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 08, 2022
    Location Intelligence
    Property ID
    US31-1047409
    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

    • Medical offices

    Property Details for 1198 129th Ave

    Year built
    2011
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.76 lot acres
    Property size
    15,648 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    45-16-22-200-004.000-042
    APU
    451622200004000042

    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
    -87.3211
    Latitude
    41.3841
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    2022
    $141,133
    $518,000
    $4,617,100
    $5,135,100
    -
    $518,000
    $4,617,100
    $5,135,100

    Comparable in this City

    • Value Estimation by Request
      34,931 SF

      9150 109th Ave

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    • Value Estimation by Request
      7,286 SF

      1121 Indiana Ave

      MEDICAL BUILDING • 7,286 SF
      1121 Indiana Ave, Crown Point, IN 46307-7205
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      15,674 SF

      10860 Maple Ln

      MEDICAL BUILDING • 15,674 SF
      10860 Maple Ln, Crown Point, IN 46307
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    • Value Estimation by Request
      113,353 SF

      12800 Mississippi Pkwy

      MEDICAL BUILDING • 113,353 SF
      12800 Mississippi Pkwy, Crown Point, IN 46307-6900
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    • Value Estimation by Request
      32,161 SF

      9509 Georgia St

      MEDICAL BUILDING • 32,161 SF
      9509 Georgia St, Crown Point, IN 46307-6518
      View Details
    • Value Estimation
      $370,000
      13,740 SF

      11055 Broadway

      MEDICAL BUILDING • 13,740 SF
      11055 Broadway, Crown Point, IN 46307-9177
      View Details

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    Similar Nearby for Lease

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    1198 129th Ave
    Crown Point, IN 46307
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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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