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    Property profile & analytics

    2009 Cline Ave Gary, IN 46406-2444

    • Theaters & concert halls
    • 2,437 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 24, 2023
    Location Intelligence
    Property ID
    US31-1139577
    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

    • The Reverse Church / Place Of Worship

    Property Details for 2009 Cline Ave

    Year built
    1954
    Construction
    WOOD
    Lot size
    0.84 lot acres
    Property size
    2,437 SF
    Property type
    Theaters & concert halls
    APN
    45-07-11-352-001.000-004
    APU
    450711352001000004

    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
    -87.4319
    Latitude
    41.5824
    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
    $10,651
    $37,700
    $83,100
    $120,800
    -
    $37,700
    $83,100
    $120,800

    Comparable in this City

    • Value Estimation by Request
      2,964 SF

      4632 21st Ave

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    • Value Estimation
      $535,000
      34,400 SF

      4929 15th Ave

      THEATER (MOVIE) • 34,400 SF
      4929 15th Ave, Gary, IN 46406-2307
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    • Value Estimation
      $285,000
      2,100 SF

      429 Hobart St, Unit 35

      THEATER (MOVIE) • 2,100 SF
      429 Hobart St, Gary, IN 46406-1207
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    • Value Estimation by Request
      1,225 SF

      2401 Edison St

      THEATER (MOVIE) • 1,225 SF
      2401 Edison St, Gary, IN 46406
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    • Value Estimation by Request
      8,480 SF

      5821 15th Ave, Unit 39

      THEATER (MOVIE) • 8,480 SF
      5821 15th Ave, Gary, IN 46406-2325
      View Details
    • Value Estimation
      $315,000
      2,360 SF

      3437 Burr St

      THEATER (MOVIE) • 2,360 SF
      3437 Burr St, Gary, IN 46406-3447
      View Details

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      Three-lot land parcel suitable for residential development.
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      14.20 Acres

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    Similar Nearby for Lease

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      6 SF

      6-Acre Site with Yard Space

      6-acre site with significant yard space for parking/storage.
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    • $8 SF/Yr
      8,000 SF

      Gary Warehouse: 8,000 SF Available

      Prime Gary industrial space, ideal for various uses.
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      Gary, IN Commercial Land Opportunity

      4.87-acre commercial lot for lease.
      1500 Colfax St, Gary, IN 46406
      View Details
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    2009 Cline Ave
    Gary, IN 46406-2444
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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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