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    Property profile & analytics

    1531 Indianapolis Blvd, Unit 1539 Whiting, IN 46394-1134

    • Turn key restaurants
    • 1,786 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 26, 2021
    Location Intelligence
    Property ID
    US31-2538463
    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

    • Baskin-Robbins / Ice Cream Shop / Cake Shop
    • Dunkin' / Coffee Shop / Bagel Shop

    Property Details for 1531 Indianapolis Blvd

    Year built
    1968
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.47 lot acres
    Property size
    1,786 SF
    Property type
    Turn key restaurants
    APN
    45-03-06-354-008.000-023
    APU
    450306354008000023

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Whiting
    County
    Lake
    State
    Indiana
    Longitude
    -87.5053
    Latitude
    41.6854
    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
    $32,331
    $591,600
    $308,400
    $900,000
    -
    $591,600
    $308,400
    $900,000

    Comparable in this City

    • Value Estimation
      $300,000
      0.29 Acres

      1441 Indianapolis Blvd

      RESTAURANT • 0.29 Acres
      1441 Indianapolis Blvd, Whiting, IN 46394-1132
      View Details
    • Value Estimation by Request
      3,954 SF

      1822 Indianapolis Blvd

      RESTAURANT • 3,954 SF
      1822 Indianapolis Blvd, Whiting, IN 46394-1327
      View Details
    • Value Estimation
      $295,000
      9,859 SF

      1510 119th St

      RESTAURANT • 9,859 SF
      1510 119th St, Whiting, IN 46394-1733
      View Details
    • Value Estimation by Request
      2,938 SF

      1809 Indianapolis Blvd

      RESTAURANT • 2,938 SF
      1809 Indianapolis Blvd, Whiting, IN 46394
      View Details
    • Value Estimation by Request
      2,860 SF

      1817 Indianapolis Blvd

      Restaurants • 2,860 SF
      1817 Indianapolis Blvd, Whiting, IN 46394
      View Details
    • Value Estimation by Request
      336 SF

      1908 Clark St

      RETAIL STORES (PERSONAL SERVICES) • 336 SF
      1908 Clark St, Whiting, IN 46394
      View Details

    Similar Nearby for Sale

    • $1,499,999
      23,390 SF

      1326 119th Street, Whiting, IN 46394

      Restaurants • 23,390 SF
      1326 119Th St, Whiting, IN 46394
      View Details
    • $550,000
      5,920 SF

      Turnkey Brewery and Restaurant Space

      Two-story building with brewery, restaurant, and redevelopment potential.
      1409 119Th St, Whiting, IN 46394
      View Details
    • $329,999
      0.10 Acres

      Whiting IN Apartment For Sale

      Apartment building for sale in Whiting, Indiana.
      1630 Cleveland Ave, Whiting, IN 46394
      View Details
    • $305,000
      0.09 Acres

      Move-in Ready Duplex in Whiting

      Two houses on one lot, ideal for living and renting.
      1314 121St St, Whiting, IN 46394
      View Details
    • $849,990
      0.43 Acres

      Whiting Office Building - Great Location

      All-brick professional building near downtown.
      1032 119Th St, Whiting, IN 46394
      View Details
    • $1,499,999
      23,390 SF

      Whiting Restaurant - Prime Location

      Established Restaurant, Huge Potential
      1326 119Th St, Whiting, IN 46394
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      3,100 SF

      Whiting Retail Space - 3100 SF

      Prime retail space, recently renovated, high traffic area.
      1418 119Th St, Whiting, IN 46394
      View Details
    • $14 SF/Yr
      1,586 SF

      Medical Office Space For Lease

      Medical office space available in Downtown Whiting.
      1516 119Th St, Whiting, IN 46394
      View Details
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    Whiting, IN 46394-1134
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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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