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    425 151st St East Chicago, IN 46312-3855

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    Property profile & analytics

    425 151st St East Chicago, IN 46312-3855


    • Manufacturing properties
    • 267,234 SF
    • 15.62 lot acres
    Off-Market
    Property ID
    US31-3540842
    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.

    Value Estimations
    $21,295,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • M B Real Estate / Real Estate Agency
    • BROCK INDUSTRIAL / Construction Company / General Contractor
    • Crossroads steel supply / Industrial Manufacturer / Production Facility
    • Majac Inc / Factory / Production Facility

    Property Details for 425 151st St

    Year built
    1913
    Construction
    TYPE NOT SPECIFIED
    Lot size
    15.62 lot acres
    Property size
    267,234 SF
    Property type
    Manufacturing properties
    APN
    45-03-32-276-003.000-024
    APU
    450332276003000024

    Description

    This East Chicago, Indiana industrial property offers 11,469 square feet of flexible warehouse space, divisible to a minimum of 500 square feet. Currently, 10,469 square feet is available for lease in this multi-tenant facility located at 425 W 151st St, East Chicago, IN 46312. The warehouse is ideal for businesses requiring storage and workspace, with racking available. Tenants are permitted to work on and store inventory within the shared space. Note that this is a non-temperature-controlled facility with no office space included. Prohibited uses include hazardous materials, food-grade products, automotive work, woodworking, and overnight parking. The property boasts a robust security system, including 24-hour video monitoring and motion sensors, ensuring the safety of stored goods. Conveniently located within five miles of major interstates and toll roads in Northwest Indiana, this warehouse offers easy access to regional transportation networks. Operating hours are 8 AM to 5 PM, Monday through Friday, with flexible scheduling considered on a case-by-case basis. The annual property tax cost is $1 per square foot.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $25,840,000
      6.5%
      $23,850,000
      7%
      $22,150,000
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $35,300,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    East Chicago
    County
    Lake
    State
    Indiana
    Longitude
    -87.4736
    Latitude
    41.6203
    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
    $106,635
    $898,300
    $2,658,200
    $3,556,500
    -
    $898,300
    $2,658,200
    $3,556,500
    More about this property
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