425 151st St East Chicago, IN 46312-3855
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.
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M B Real Estate Real Estate Agency
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BROCK INDUSTRIAL Construction Company General Contractor
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Crossroads steel supply Industrial Manufacturer Production Facility
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Majac Inc Factory Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.