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Property profile & analytics

4802 Indianapolis Blvd East Chicago, IN 46312

  • Strip malls
  • 13,132 SF
  • 0.44 lot acres
Value Estimation
Location Intelligence
Property ID
US31-0011320
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

  • Laundry / Laundry Service
  • Woods Throne Laundry / Laundromat
  • Pawn King East Chicago / Pawn Shop
  • Law Offices Milan Petrovic / Attorney

Property Details for 4802 Indianapolis Blvd

Year built
1996
Construction
WOOD
Lot size
0.44 lot acres
Property size
13,132 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
45-03-29-384-015.000-024
APU
450329384015000024

Description

This 8,040 square foot retail building, located at 4802 Indianapolis Blvd in East Chicago, Indiana, presents a unique leasing opportunity. The property consists of a single suite, with 4,680 square feet currently vacant and available for lease. Situated on a 1.2-acre lot, the building enjoys a highly visible position on Indianapolis Boulevard, a major thoroughfare boasting over 13,000 vehicles per day. This high traffic count ensures significant exposure for any business occupying the space. The property is classified as a retail shop and is ideal for a variety of retail or service-oriented businesses. Utilities are not individually metered

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $435,000
  • CAP approach

    CAP return
    Estimation
    6%
    $475,000
    6.5%
    $485,000
    7%
    $480,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $510,000
    Geo Method
    $515,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $460,000
    Retail
    $560,000
    Mixed-Use
    $480,000
    Hospitality
    $540,000
    Educational
    $475,000
    Residential Income
    $520,000
    Energy
    $500,000
    Income-Based Land
    $505,000
    Food Service
    $535,000

Location Insight

  • Map
  • Local Demand
City
East Chicago
County
Lake
State
Indiana
Longitude
-87.4813
Latitude
41.6271
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
$19,304
$55,500
$722,800
$778,300
-
$55,500
$722,800
$778,300
More about this property
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