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Property profile & analytics
OFF-MARKET
Industrial properties
300 Chicago Ave East Chicago, IN 46312-3213
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US31-0423873
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1991
Construction
TYPE NOT SPECIFIED
Total area
3,774 SF
Lot
3.89 ac (169,666 SF)
Zoning code
R33
APN
45-03-29-428-005.000-024
UPID
US31-0423873
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
United Rentals (Bike/Boat/Book/etc) Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
300 Chicago Partners LLC · 1 yrs held
300 Chicago Partners LLC
since 2025
6 recorded transactions
Zoning & alternative use
R33 · East Chicago, IN
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Chicago submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Chicago submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$50,967
Tax year 2023
Assessed value
$1,067,900
Assessed 2023
Previous assessed
$1,067,900
+0.0% YoY
Effective rate
4.77%
On assessed value
Assessed land
$224,000
Assessed improvement
$843,900
Land market value
$224,000
Improvement market value
$843,900
Total market value
$1,067,900
Applied tax rate
24.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1991
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
2
Stories
1
Total area
3,774 SF
Lot
3.89 ac (169,666 SF)
Zoning code
R33
APN
45-03-29-428-005.000-024
UPID
US31-0423873
Jurisdiction
LAKE
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
R33 · East Chicago, INZoning R33 · permitted uses
R33 · East Chicago, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 156: ZONING
Building & site characteristics
From public records
Year built
1991
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
2
Lot
3.89 ac
Current owner
From public records · entity-resolved
300 Chicago Partners LLC
Entity
Mailing address
2 TOWN PL, BRYN MAWR, PA 19010-3419
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
—
300 Chicago Partners LLC
—
Deed
related
$189,000,000 · Parlex 3a Finco LLC
Jan 14, 2025
—
300 Chicago Partners LLC
Mosak Properties LLC
Quitclaim Deed
related
—
Jan 13, 2025
—
City Of East Chicago Dept Of Redeve
Board Of Public Works
Quitclaim Deed
related
—
Sep 12, 2024
—
Chicago Partners LLC
Mosak Properties LLC
Limited Warranty Deed
—
Oct 25, 2016
—
Mosak Properties LLC
—
Grant Deed
related
$5,600,000 · First Merchants Bk
Oct 24, 2007
—
Mosak Properties LLC
Tmr Properties LLC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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