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    Property profile & analytics

    13202 Wicker Ave Cedar Lake, IN 46303-9348

    • Retail space
    • 2,160 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Last Sale
    Jul 16, 2025
    Location Intelligence
    Property ID
    US31-3560934
    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

    • Froggie Latin Kitchen / Restaurant
    • Redcarpet Smoke Shop / Tobacco Shop
    • Copper Leaf Organics Headquarters- CBD Store / Alternative Medicine Practitioner / Cannabis Store
    • Copper Leaf Organics - CBD Store / Herbal Medicine Store

    Property Details for 13202 Wicker Ave

    Year built
    1952
    Construction
    WOOD
    Lot size
    0.29 lot acres
    Property size
    2,160 SF
    Property type
    Retail space
    APN
    45-15-20-480-019.000-014
    APU
    451520480019000014

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $355,000
      6.5%
      $340,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $325,000
      Retail
      $390,000
      Mixed-Use
      $345,000
      Hospitality
      $330,000
      Educational
      $355,000
      Residential Income
      $370,000
      Energy
      $400,000
      Income-Based Land
      $345,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Lake
    County
    Lake
    State
    Indiana
    Longitude
    -87.4704
    Latitude
    41.3792
    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
    $4,211
    $113,500
    $67,700
    $181,200
    -
    $113,500
    $67,700
    $181,200

    Comparable in this City

    • Value Estimation by Request
      1,594 SF

      11102 133rd Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,594 SF
      11102 133rd Ave, Cedar Lake, IN 46303-9742
      View Details
    • Value Estimation by Request
      4,050 SF

      13212 Wicker Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,050 SF
      13212 Wicker Ave, Cedar Lake, IN 46303-9815
      View Details
    • Value Estimation
      $350,000
      2,588 SF

      8600 Lk Shr Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,588 SF
      8600 Lk Shr Dr, Cedar Lake, IN 46303-9281
      View Details
    • Value Estimation by Request
      720 SF

      14611 Lauerman St

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      14611 Lauerman St, Cedar Lake, IN 46303
      View Details
    • Value Estimation
      $315,000
      714 SF

      14500 Morse St

      RETAIL STORES (PERSONAL SERVICES) • 714 SF
      14500 Morse St, Cedar Lake, IN 46303-9612
      View Details
    • Value Estimation
      $225,000
      5,170 SF

      7315 Lk Shr Dr

      RETAIL STORES (PERSONAL SERVICES) • 5,170 SF
      7315 Lk Shr Dr, Cedar Lake, IN 46303-9423
      View Details

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    Similar Nearby for Lease

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    • $2,422 /Mo
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      Route 41 Mixed-Use Opportunity

      High-visibility location on Route 41 suitable for various businesses.
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    • $16 SF/Yr
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      12,000 SF warehouse with premium office space for lease.
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    • $8 SF/Yr
      10,000 SF

      Renovated Warehouse with Office Space

      10,000 SF warehouse with renovated office space for lease.
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    Cedar Lake, IN 46303-9348
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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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