1946 45th St Munster, IN 46321-3986
Property profile & analytics
1946 45th St, Munster, IN 46321-3986
- Medical Office Space
- 12,822 SF
- 1.17 lot acres
Property ID
US31-0678825
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Location Intelligence
Current Use by Public Records
- Zuhair Alsakaji MD / Pediatrician / Medical Clinic
- Bina Parekh, DO / Pediatrician / Physician
- Regina Iwinski, MD / Physician
- Rebecca Papamihalakis WHCNP-BC / Registered General Nurse / Nurse Practitioner
- Kerstin Dostal, MD / Physician
Property Details for 1946 45th St
- Year built
- 2018
- Construction
- WOOD
- Lot size
- 1.17 lot acres
- Zone code
- R33
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 45-07-32-126-003.000-027
- APU
- 450732126003000027
Description
This exceptional Class A medical office space, totaling 3,141 rentable square feet (2,586 usable), is situated on the second floor of a two-building complex in Lake County, Indiana. Built in 2018, the space boasts numerous exam rooms, private offices, a kitchen area, and a waiting area, ideally suited for medical practices. An alternative floor plan is available, showcasing a potential layout with eight private offices, a conference room, reception area, break room, and ample storage. The property features excellent street visibility on 45th Street and benefits from convenient access to major roadways, including I-80/94, US 41, and US Highway 30. The location offers proximity to several hospitals, medical facilities (Munster Same Day Surgery, Franciscan Healthcare Munster, Munster Specialty Surgery Center, North Point Orthopaedics, Midwest Orthopaedics at Rush, and Cancer Health Treatment Centers), and a variety of restaurants and amenities. The building offers 105 parking spaces and is zoned C-1. The 2024 triple net expenses are estimated at $9.50 per square foot, encompassing taxes, insurance, and common area maintenance. Tenants are responsible for separately metered gas and electric, as well as premises janitorial services. The property sits on 1.17 acres and the total building size is 12,882 square feet. A high daily traffic count of 15,883 vehicles (2022 INDOT data) ensures excellent visibility and accessibility. This space presents a unique opportunity for medical professionals seeking a well-appointed, conveniently located office in a thriving area.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Munster
- County
- Lake
- State
- Indiana
- Longitude
- -87.4813
- Latitude
- 41.5372
- 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
$62,326
$259,700
$2,065,900
$2,325,600
-
$259,700
$2,065,900
$2,325,600
