Property profile

2203 Ripley St Lake Station, IN 46405

OFF-MARKET
Turn key restaurants
Property ID
US31-1175520
4,265 SF 0.8 ac lot Built 1997
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1997
Construction WOOD
Total area 4,265 SF
Lot 0.8 ac (34,804 SF)
APN 45-09-16-105-007.000-021
UPID US31-1175520

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2203 Ripley St Lake Station, IN 46405-1165
Lake Station metro Census 41800 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2018
Price N/A
2017
Price N/A
2014
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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