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Property profile & analytics

1946 45th St Munster, IN 46321-3986

  • Medical offices
  • 12,822 SF
  • 1.17 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-0678825
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

  • Zuhair Alsakaji MD / Pediatrician
  • Bina Parekh, DO / Family Practice Physician
  • Regina Iwinski, MD / Doctor
  • Rebecca Papamihalakis WHCNP-BC / Registered General Nurse / Nurse Practitioner
  • Kerstin Dostal, MD / Doctor

Property Details for 1946 45th St

Year built
2018
Construction
WOOD
Lot size
1.17 lot acres
Property size
12,822 SF
Zone code
R33
Property type
Medical offices
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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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
More about this property
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