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    Property profile & analytics

    1849 Calumet Ave Whiting, IN 46394-1416

    • Grocery and convenience stores
    • 432 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    Jan 12, 2024
    Location Intelligence
    Property ID
    US31-3523990
    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

    • Clark Gas / Gas Station
    • ATM (Clark) / Atm

    Property Details for 1849 Calumet Ave

    Year built
    1969
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.27 lot acres
    Property size
    432 SF
    Property type
    Grocery and convenience stores
    APN
    45-03-07-104-012.000-023
    APU
    450307104012000023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $370,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $325,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $310,000
      Mixed-Use
      $320,000
      Hospitality
      $340,000
      Educational
      $315,000
      Residential Income
      $365,000
      Energy
      $310,000
      Income-Based Land
      $300,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Whiting
    County
    Lake
    State
    Indiana
    Longitude
    -87.5082
    Latitude
    41.6794
    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
    $13,494
    $284,200
    $86,200
    $370,400
    -
    $284,200
    $86,200
    $370,400

    Comparable in this City

    • Value Estimation by Request
      35,157 SF

      1836 Calumet Ave

      GROCERY, SUPERMARKET • 35,157 SF
      1836 Calumet Ave, Whiting, IN 46394-1417
      View Details
    • Value Estimation by Request
      1,275 SF

      1440 Calumet Ave

      CONVENIENCE STORE • 1,275 SF
      1440 Calumet Ave, Whiting, IN 46394
      View Details
    • Value Estimation
      $325,000
      2,460 SF

      2047 Calumet Ave, Unit 51

      CONVENIENCE STORE • 2,460 SF
      2047 Calumet Ave, Whiting, IN 46394-1816
      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
    • Value Estimation by Request
      13,809 SF

      2031 Indianapolis Blvd

      RETAIL STORES (PERSONAL SERVICES) • 13,809 SF
      2031 Indianapolis Blvd, Whiting, IN 46394-1950
      View Details
    • Value Estimation by Request
      7,461 SF

      1501 119th St, Unit 11

      RETAIL STORES (PERSONAL SERVICES) • 7,461 SF
      1501 119th St, Whiting, IN 46394-1732
      View Details

    Similar Nearby for Sale

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      23,390 SF

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      Two-story building with brewery, restaurant, and redevelopment potential.
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      Two houses on one lot, ideal for living and renting.
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      All-brick professional building near downtown.
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      Established Restaurant, Huge Potential
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    Similar Nearby for Lease

    • $12 SF/Yr
      3,100 SF

      Whiting Retail Space - 3100 SF

      Prime retail space, recently renovated, high traffic area.
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    • $14 SF/Yr
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      Medical Office Space For Lease

      Medical office space available in Downtown Whiting.
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    Whiting, IN 46394-1416
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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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