Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1916 Broadway Gary, IN 46407

    • Theaters & concert halls
    • 11,500 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 22, 2022
    Location Intelligence
    Property ID
    US31-0595423
    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

    • Theaters & concert halls

    Property Details for 1916 Broadway

    Year built
    1923
    Construction
    WOOD
    Lot size
    0.28 lot acres
    Property size
    11,500 SF
    Property type
    Theaters & concert halls
    APN
    45-08-09-478-022.000-004
    APU
    450809478022000004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.3373
    Latitude
    41.5836
    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
    $8,808
    $12,500
    $87,400
    $99,900
    -
    $12,500
    $87,400
    $99,900

    Comparable in this City

    • Value Estimation
      $245,000
      760 SF

      1405 21st Ave

      THEATER (MOVIE) • 760 SF
      1405 21st Ave, Gary, IN 46407-2808
      View Details
    • Value Estimation
      $335,000
      2,191 SF

      1505 25th Ave

      THEATER (MOVIE) • 2,191 SF
      1505 25th Ave, Gary, IN 46407-3436
      View Details
    • Value Estimation by Request
      6,500 SF

      1276 20th Ave

      THEATER (MOVIE) • 6,500 SF
      1276 20th Ave, Gary, IN 46407-2454
      View Details
    • Value Estimation by Request
      4,156 SF

      1000 21st Ave, Unit 12

      THEATER (MOVIE) • 4,156 SF
      1000 21st Ave, Gary, IN 46407-2815
      View Details
    • Value Estimation by Request
      3,760 SF

      1217 25th Ave

      THEATER (MOVIE) • 3,760 SF
      1217 25th Ave, Gary, IN 46407-3429
      View Details
    • Value Estimation
      $460,000
      9,420 SF

      1300 15th Ave, Unit 14

      THEATER (MOVIE) • 9,420 SF
      1300 15th Ave, Gary, IN 46407-1016
      View Details

    Similar Nearby for Sale

    • $69,950
      Pending

      Four-Bedroom Duplex Investment Opportunity

      Two-unit property with renovation potential in Gary, Indiana.
      1715 Maryland St, Gary, IN 46407
      View Details
    • $469,000
      0.08 Acres

      Gary, IN Multifamily Investment

      Six-unit apartment building, 100% occupied.
      1301 Pennsylvania St, Gary, IN 46407
      View Details
    • $94,000
      0.06 Acres

      Turnkey Rental Property, Gary, IN

      3-bedroom, 1-bath single-family home with immediate income.
      815 W 25Th Ave, Gary, IN 46407
      View Details
    • $75,000
      0.07 Acres

      Gary, IN Triplex Opportunity

      Gutted triplex ready for transformation in up-and-coming Gary.
      1241 W 17Th Ave, Gary, IN 46407
      View Details
    • Contact for pricing

      Land Available in Gary, Indiana

      Land for sale at 2301 Broadway, Gary, Indiana.
      2301 Broadway, Gary, IN 46407
      View Details
    • New
      Contact for pricing
      0.08 Acres

      Vacant Land Ready For Construction

      Vacant lot with utilities ready for dream home construction.
      1141 Fillmore St, Gary, IN 46407
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1916 Broadway
    Gary, IN 46407
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.