523 Chicago Ave East Chicago, IN 46312-3206
This 963-square-foot medical office space in Lake County is immediately available. Located on high-traffic Chicago Avenue, this updated, single-story building offers convenient access and high visibility. Recent updates include gated asphalt parking and ample on-street parking. The interior features private restrooms, central air conditioning, and forced-air heating. Utilities are fully connected, including public sewer and water, cable, electricity, natural gas, and phone lines. This property is part of a larger complex with additional adjacent spaces available for lease individually or together, totaling nearly 4,000 square feet. The building's flexible layout can accommodate a variety of medical or office uses. The property's 1940 construction has been modernized for contemporary business needs. The building's location across from 529 W Chicago Avenue and adjacent to 525 and 527 W Chicago Avenue offers significant potential for expansion or synergy with related businesses. This is a turn-key opportunity for businesses seeking a well-maintained, conveniently located space in a high-traffic area. The APN is 450329413003000024.
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
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