1605 Adler Cir Portage, IN 46368
Property profile & analytics
1605 Adler Cir Portage, IN 46368
- Office Spaces
- 23,364 SF
- 3.43 lot acres
Property ID
US31-0637445
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.
Location Intelligence
Current Use by Public Records
- Dungarvin Indiana LLC / Social Service Agency / Charitable Organization
- FedEx Drop Box / Postal Service / Courier Service
- The Villages of Indiana / Charitable Organization / Social Service Agency
- VITAS Innovative Hospice Care / Nursing Home
- Edward Jones - Financial Advisor: Michael Scanlan, AAMS™|CRPS™ / Financial Advisor
Property Details for 1605 Adler Cir
- Year built
- 2004
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.43 lot acres
- Property size
- 23,364 SF
- Property type
- Office Spaces
- APN
- 64-05-01-226-002.000-016
- APU
- 640501226002000016
Description
The Halsted Building, a 23,755 square foot, 2005-built office building in Portage, Indiana's Ameriplex at the Port business park, offers two available suites. Suite A comprises 3,470 square feet of finished space, including four offices, a reception area, conference room, break area, and private bathrooms. Suite G1 offers 1,144 square feet of open space. The building features flexible floor plans and is situated on a 3.44-acre lot (APN: 64-05-01-226-002.000-016). Minimum divisible space is 1,143 square feet, with a maximum contiguous space of 5,434 square feet. The building is zoned BLIP. NNN expenses are estimated at $6.35 per square foot ($3.70 CAM, $2.65 taxes). Utilities are separately metered, and tenants arrange their own janitorial services. Ameriplex at the Port is a Frontier Smart Park Development with advanced fiber telecommunication services and boasts Fortune 500 tenants such as Hilton Hotels, Mitsubishi, and Walgreens. The property enjoys a prime location, one mile from the South Shore Train, and offers immediate access to I-94 (Exit 19), with easy access to I-80/I-90 and I-65. It's also conveniently located near various amenities, including restaurants and hotels, and is approximately 35 minutes from downtown Chicago. Nearby airports include Gary, Valparaiso, Chesterton, Midway, and O'Hare.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,570,000
- 6.5%
- $3,295,000
- 7%
- $3,060,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,736,000
- AI Estimate
- $3,536,000
Market price range: $1.30M - $3.74MMarket price range: $913k - $3.54M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,310,000 Current use
- RETAIL STORES
- $2,415,000 Change: +5% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Porter
- State
- Indiana
- Longitude
- -87.1685
- Latitude
- 41.6058
- 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
2023
$69,857
$461,500
$2,238,700
$2,700,200
-
$461,500
$2,238,700
$2,700,200
