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Property profile & analytics

123 Main St Crown Point, IN 46307

  • Office Properties & Spaces
  • 37,294 SF
  • 0.27 lot acres
For Lease
Last Sale
Apr 27, 2020
Value Estimations
$855,000
Cap Rate Potential
Location Intelligence
Property ID
US31-0559591
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

  • Kate Green Pilates / Gym & Fitness Center
  • Nationwide Insurance: Premier Group, LLC / Insurance Agency
  • Ashourrina Henshaw / Real Estate Agency
  • Soar Boutique - Wellness Center & Detox Spa / Gym & Fitness Center / Alternative Medicine Practice
  • New town west / Business Service Center / Corporate Office

Property Details for 123 Main St

Year built
2009
Construction
TYPE NOT SPECIFIED
Lot size
0.27 lot acres
Property size
37,294 SF
Property type
Office Properties & Spaces
APN
45-16-08-136-001.000-042
APU
451608136001000042

Description

This Class A office building, "Suites on the Square," offers a variety of flexible workspace options in the heart of Downtown Crown Point, Indiana. The property totals 37,294 square feet and provides individual office suites ideal for entrepreneurs, small businesses, or remote workers. Currently, there are three available suites ranging from 135 to 175 square feet each, perfect for those seeking a private and productive work environment. Each fully furnished suite includes a desk, chair, and phone, with utilities, phone, and internet access included in the monthly rent. Tenants enjoy the convenience of 24-hour access and can utilize a shared conference room by appointment. Located on Main Street, directly north of the square, this prime location offers easy access to local amenities and businesses. Six-month lease terms are available. The building is a multi-tenant property, offering a vibrant and collaborative atmosphere. This is an exceptional opportunity to establish a presence in the thriving business community of Crown Point, known as the "Hub of Lake County." The minimum leasable space is 135 square feet, while the maximum contiguous space available is 175 square feet. The total vacant space currently available is 310 square feet.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $630,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $927,000
    Market price range: $928k - $4.45M
    AI Estimate
    $1,003,000
    Market price range: $1.00M - $2.42M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Crown Point
County
Lake
State
Indiana
Longitude
-87.3647
Latitude
41.4188
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
$10,194
$58,500
$405,400
$463,900
-
$58,500
$405,400
$463,900
More about this property
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