1326 119Th St, Whiting, IN 46394
- Commercial real estate
- 23,390 SF
- 0.21 lot acres
Current Use by Public Records
- Beggars Pizza Whiting / Take-out & Catering / Catering Service
Property Details for 1326 119Th St
- Year built
- 1923
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.21 lot acres
- Property type
- Commercial real estate
- APN
- 45-03-07-257-002.000-025
- APU
- 450307257002000025
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 30, 2023 | — | Eder Properties LLC | — | Deed · related | $550k · Notre Dame FCU |
| Sep 7, 2012 | — | Eder Properties LLC | City Of Whiting | Warranty Deed | $825k · Jpmorgan Chase Bank NA |
| Oct 21, 2009 | — | City Of Whiting | Austin Bk Of Chicago | Grant Deed · related | $214k · Liberty Bank For Savings |
| Sep 24, 2009 | $209,000 | Austin Bk Of Chicago | Sheriff Of Lake County | Trustees Deed · related | — |
| Jul 24, 2006 | — | Iftikhar A Qureshi | Jack J Sherman | Warranty Deed | $155k · Austin Bank Of Chicago |
| Jan 26, 2006 | — | Leo Fettman | Fettman Leo & Annette | Quit Claim Deed · related | — |
| — | — | Eder Properties LLC | — | Deed Of Trust · related | $572k · Small Busn Growth |
Description
This exceptional commercial property at 1326 119th Street in Whiting, Indiana, presents a unique investment opportunity. The 23,390 square foot building currently operates as a well-established sit-down restaurant, featuring a spacious dining area easily adaptable for private events. A dedicated party room caters to gatherings and corporate functions, adding versatility to the venue's offerings. The expansive bar area is a key social hub, attracting a loyal local clientele. A convenient carryout window enhances operational efficiency and expands customer reach. The kitchen is equipped with high-end appliances and ample workspace, complemented by multiple storage coolers for optimal ingredient management. Upstairs, a large open space offers significant potential for redevelopment. Possible uses include a speakeasy, adding a unique dimension to the business. This upper level also includes three offices, a conference room, and a full bathroom, providing ample space for administrative functions and staff. The property is offered at $1,499,999 and represents a substantial opportunity to acquire a thriving business with significant expansion potential within a vibrant community. The property sits on a 0-acre lot. This is more than just a restaurant
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $420,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $851,000
- AI Estimate
- $742,000
Market price range: $582k - $2.79MMarket price range: $742k - $1.72M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Whiting
- County
- Lake
- State
- Indiana
- Longitude
- -87.4966
- Latitude
- 41.6791
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
