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    Property profile & analytics

    233 Central Ave Lake Station, IN 46405-1489

    • Parking lots & garages
    • 3,784 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    Jul 31, 2023
    Location Intelligence
    Property ID
    US31-0670406
    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

    • Amtech, Inc. / Engineering Consultant
    • S & S Tires & Service / Tire Shop
    • S&S Auto & Towing / Tire Shop / Towing Service

    Property Details for 233 Central Ave

    Year built
    1991
    Construction
    WOOD
    Lot size
    0.41 lot acres
    Property size
    3,784 SF
    Property type
    Parking lots & garages
    APN
    45-08-13-432-026.000-021
    APU
    450813432026000021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Station
    County
    Lake
    State
    Indiana
    Longitude
    -87.2803
    Latitude
    41.5705
    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
    $4,645
    $25,900
    $58,500
    $84,400
    -
    $25,900
    $58,500
    $84,400

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      2900 Dekalb St

      PARKING LOT • 0.11 Acres
      2900 Dekalb St, Lake Station, IN 46405-1904
      View Details
    • Value Estimation by Request
      0.10 Acres

      3615 Central Ave

      PARKING GARAGE, PARKING STRUCTURE • 0.10 Acres
      3615 Central Ave, Lake Station, IN 46405-2319
      View Details
    • Value Estimation by Request
      0.31 Acres

      2200 Central Ave

      PARKING LOT • 0.31 Acres
      2200 Central Ave, Lake Station, IN 46405-2118
      View Details
    • Value Estimation
      $260,000
      0.60 Acres

      2746 Dekalb St

      PARKING LOT • 0.60 Acres
      2746 Dekalb St, Lake Station, IN 46405
      View Details
    • Value Estimation by Request
      0.08 Acres

      2804 Dekalb St

      PARKING LOT • 0.08 Acres
      2804 Dekalb St, Lake Station, IN 46405
      View Details
    • Value Estimation
      $305,000
      2,760 SF

      1122 Marquette Rd

      PARKING GARAGE, PARKING STRUCTURE • 2,760 SF
      1122 Marquette Rd, Lake Station, IN 46405-1505
      View Details

    Similar Nearby for Sale

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      Turn-Key Pub and Grub Business

      Profitable pub and grub with licenses and living quarters.
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    • $550,000
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      Turnkey Restaurant with Liquor License

      Fully equipped, remodeled restaurant with a 3-way liquor license.
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    • Contact for pricing
      0.21 Acres

      Residential Lot in Lake Station

      Corner lot near I-80/94, ready for building your dream home.
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      Vacant land available in Lake Station, Indiana.
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    233 Central Ave
    Lake Station, IN 46405-1489
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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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