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    Property profile & analytics

    801 E Chicago Ave East Chicago, IN 46312

    • Theaters & concert halls
    • 3,535 SF
    • 0.09 lot acres
    For Sale
    View listing
    $169,000
    Value Estimation
    Last Sale
    May 24, 2023
    Location Intelligence
    Property ID
    US31-0424077
    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

    • God First Ministry / Religious Organization
    • Coin Cloud Bitcoin ATM / Atm / Currency Exchange Service
    • Insurance Navy Brokers / Auto Insurance Agency / Insurance Agency
    • Harbor Lighthouse Assembly of God / Church

    Property Details for 801 E Chicago Ave

    Year built
    1956
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.09 lot acres
    Property size
    3,535 SF
    Property type
    Theaters & concert halls
    APN
    45-03-28-332-001.000-024
    APU
    450328332001000024

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $275,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $275,000
      Mixed-Use
      $295,000
      Hospitality
      $305,000
      Educational
      $260,000
      Residential Income
      $270,000
      Energy
      $310,000
      Income-Based Land
      $315,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    East Chicago
    County
    Lake
    State
    Indiana
    Longitude
    -87.4629
    Latitude
    41.6289
    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
    $4,567
    $10,400
    $85,300
    $95,700
    -
    $10,400
    $85,300
    $95,700

    Comparable in this City

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      4915 Mccook Ave

      THEATER (MOVIE) • 10,553 SF
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    • Value Estimation by Request
      17,230 SF

      4506 Tod Ave

      THEATER (MOVIE) • 17,230 SF
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      2,402 SF

      4822 Kennedy Ave

      THEATER (MOVIE) • 2,402 SF
      4822 Kennedy Ave, East Chicago, IN 46312-3507
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    • Value Estimation
      $290,000
      1,360 SF

      4858 Kennedy Ave

      THEATER (MOVIE) • 1,360 SF
      4858 Kennedy Ave, East Chicago, IN 46312
      View Details
    • Value Estimation by Request
      17,418 SF

      3623 Guthrie St

      THEATER (MOVIE) • 17,418 SF
      3623 Guthrie St, East Chicago, IN 46312-1950
      View Details

    Similar Nearby for Sale

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      Fully renovated 11-unit building with immediate cash flow potential.
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      East Chicago Office Building

      9,555 SF office building for sale in East Chicago.
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      8,040 SF

      Mixed-Use Property on Indianapolis Boulevard

      Mixed-use property with residential and commercial units on Indianapolis Boulevard.
      4802 Indianapolis Blvd, East Chicago, IN 46312
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    • $95,000
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      East Chicago Bar/Restaurant Opportunity

      Established bar/restaurant in East Chicago, ready for new ownership.
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    Similar Nearby for Lease

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    • $12 SF/Yr
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      East Chicago Warehouse Space Available

      Flexible Industrial Space, 500-10,469 sq ft
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    • $14 SF/Yr
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      East Chicago Retail Space For Lease

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    • $1,500 /Mo
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      East Chicago Bar/Restaurant Space

      Bar/Restaurant space for lease in East Chicago, Indiana.
      604 W 151St St, East Chicago, IN 46312
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    • Contact for pricing
      32,752 SF

      Industrial Buildings Near Major Highways

      Three industrial buildings totaling 57,752 SF on 7.7 acres.
      East Chicago, IN 46312
      View Details
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    801 E Chicago Ave
    East Chicago, IN 46312
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    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
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