Property profile

6190 Broadway Merrillville, IN 46410

OFF-MARKET
Retail space
Property ID
US31-0687957
5,924 SF 0.5 ac lot Built 1973
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Construction WOOD
Total area 5,924 SF
Lot 0.5 ac (21,867 SF)
APN 45-12-09-226-009.000-030
UPID US31-0687957

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

6190 Broadway Merrillville, IN 46410-3002
Merrillville metro Census 42403 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2025
Last sale
$500,000
7 recorded transactions
2025
$500,000
2023
Price N/A
2020
Price N/A
2017
Price N/A
2016
Price N/A
2016
$300,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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