Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5035 Spinnaker Ln, Unit C Crown Point, IN 46307-8029

    • Residential income homes
    • 1,460 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Location Intelligence
    Property ID
    US31-0435539
    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

    • Residential income homes

    Property Details for 5035 Spinnaker Ln

    Year built
    1990
    Construction
    WOOD
    Lot size
    0.77 lot acres
    Property size
    1,460 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    45-17-16-277-029.000-044
    APU
    451716277029000044

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $200,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $180,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $230,000
      Mixed-Use
      $195,000
      Hospitality
      $230,000
      Educational
      $245,000
      Residential Income
      $205,000
      Energy
      $200,000
      Income-Based Land
      $225,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Crown Point
    County
    Lake
    State
    Indiana
    Longitude
    -87.2211
    Latitude
    41.4
    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
    $1,371
    $40,000
    $225,000
    $265,000
    -
    $40,000
    $225,000
    $265,000

    Comparable in this City

    • Value Estimation
      $290,000
      1,240 SF

      5020 Spinnaker Ln, Unit C

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,240 SF
      5020 Spinnaker Ln, Crown Point, IN 46307-8033
      View Details
    • Value Estimation
      $220,000
      11,140 SF

      929 Veterans Ln

      APARTMENT HOUSE (UNDER 5 UNITS) • 11,140 SF
      929 Veterans Ln, Crown Point, IN 46307-2748
      View Details
    • Value Estimation
      $435,000
      11,140 SF

      922 Veterans Ln

      APARTMENT HOUSE (UNDER 5 UNITS) • 11,140 SF
      922 Veterans Ln, Crown Point, IN 46307-2748
      View Details
    • Value Estimation
      $315,000
      3,900 SF

      5025 Spinnaker Lna

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,900 SF
      5025 Spinnaker Lna, Crown Point, IN 46307-9347
      View Details
    • Value Estimation
      $190,000
      6,176 SF

      1544 Autumn Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,176 SF
      1544 Autumn Dr, Crown Point, IN 46307-9669
      View Details
    • Value Estimation
      $190,000
      960 SF

      311 Ct St

      APARTMENT HOUSE (UNDER 5 UNITS) • 960 SF
      311 Ct St, Crown Point, IN 46307-3934
      View Details

    Similar Nearby for Sale

    • $850,000
      3,612 SF

      Crown Point Multifamily For Sale

      Multifamily property in Crown Point, Indiana, featuring 3612 square feet.
      140 N West St, Crown Point, IN 46307
      View Details
    • $1,680,000
      6,210 SF

      Crown Point Mixed-Use Property

      Historic Crown Point mixed-use property with restaurant, apartment, and liquor license.
      118 W Clark St, Crown Point, IN 46307
      View Details
    • $370,000
      Pending

      Crown Point Duplex Investment Opportunity

      Two-unit duplex in Crown Point with immediate income potential.
      9642 Johnson St, Crown Point, IN 46307
      View Details
    • $370,000
      Pending

      Crown Point Duplex Investment Opportunity

      Two duplexes in Crown Point, each with two units.
      9650-52 Johnson St, Crown Point, IN 46307
      View Details
    • $258,799
      1,180 SF

      Charming Ranch Townhome in Stonegate

      Exquisite one-owner townhome with zero-step entry and spacious layout.
      7501 E 111Th Ln, Crown Point, IN 46307
      View Details
    • $307,500
      2,238 SF

      Spacious Townhome in Stonegate Commons

      Well-maintained 4-bedroom townhome with open layout and desirable location.
      11238 Pike Pl, Crown Point, IN 46307
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo
      570 SF

      Crown Point Commercial Unit For Lease

      Commercial unit for lease, suitable for office or residential use.
      703-b N Main St, Crown Point, IN 46307
      View Details
    • $2,600 /Mo
      1,710 SF

      Ranch Townhouse on Golf Course

      Spacious 3-bedroom, 2-bath townhouse with golf course view for rent.
      801 Veterans Ln, Crown Point, IN 46307
      View Details
    • Contact for pricing
      3,960 SF

      Move-in Ready Medical Office Space

      New medical space with exam rooms and offices available for rent.
      1541 S Court St, Crown Point, IN 46307
      View Details
    • $14 SF/Yr
      12,000 SF

      Crown Point Light Industrial Space

      12,000 SF light industrial space for lease.
      396 E 111Th Ct, Crown Point, IN 46307
      View Details
    • $6,000 /Mo
      6,336 SF

      Prime Retail Space on Square

      Versatile retail space in a prime Crown Point location.
      101 S Court St, Crown Point, IN 46307
      View Details
    • $6,000 /Mo
      3,175 SF

      Crown Point Restaurant/Retail Opportunity

      Flexible commercial space in a high-traffic, historic downtown location.
      15 N Court St, Crown Point, IN 46307
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5035 Spinnaker Ln, Unit C
    Crown Point, IN 46307-8029
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.