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    Property profile & analytics

    3115 Central Ave Lake Station, IN 46405-2209

    • Banks
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-0897811
    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

    • Chase Mortgage / Mortgage Lender
    • Chase ATM / Atm

    Property Details for 3115 Central Ave

    Year built
    1956
    Lot size
    0.17 lot acres
    Property type
    Banks
    APN
    45-09-17-277-002.000-021
    APU
    450917277002000021

    Description

    This exceptional retail property, located at 3115 Central Avenue in Lake Station, Indiana, presents a unique investment opportunity. The building, classified as a bank, boasts a substantial 3,383 square feet of space situated on a generous 0.87-acre lot. Its convenient location in Lake County, zip code 46405, offers excellent visibility and accessibility. The property's PIN number is 45-09-17-277-004.000-021. The asking price is $275,000. The 2023 property taxes, payable in 2024, amounted to $7,619.32. This presents a strong potential for return on investment. The property's size and location make it suitable for a variety of commercial uses, particularly given its previous use as a bank. The building's layout and features would need to be assessed by a potential buyer to determine its suitability for their specific needs. This property is being offered as-is. Serious inquiries are encouraged to explore this promising commercial real estate venture. Further details regarding the property's condition and potential uses are available upon request. The geographic coordinates are 41.573533 latitude and -87.2455091 longitude.

    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
    -87.246
    Latitude
    41.5734
    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
    $520
    $13,600
    $1,000
    $14,600
    -
    $13,600
    $1,000
    $14,600

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      3115 Central Ave

      FINANCIAL BUILDING • 0.23 Acres
      3115 Central Ave, Lake Station, IN 46405-2209
      View Details
    • Value Estimation by Request
      0.12 Acres

      3115 Central Ave

      FINANCIAL BUILDING • 0.12 Acres
      3115 Central Ave, Lake Station, IN 46405-2209
      View Details
    • Value Estimation
      $300,000
      3,383 SF

      3115 Central Ave

      FINANCIAL BUILDING • 3,383 SF
      3115 Central Ave, Lake Station, IN 46405-2209
      View Details
    • Value Estimation by Request
      0.23 Acres

      3100 Central Ave

      FINANCIAL BUILDING • 0.23 Acres
      3100 Central Ave, Lake Station, IN 46405-2210
      View Details
    • Value Estimation by Request
      0.79 Acres

      2626 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.79 Acres
      2626 Central Ave, Lake Station, IN 46405-2126
      View Details
    • Value Estimation by Request
      0.16 Acres

      3567 Arizona St

      SHOW ROOM, WAREHOUSE • 0.16 Acres
      3567 Arizona St, Lake Station, IN 46405
      View Details

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    Lake Station, IN 46405-2209
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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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