810 Chicago Ave, Unit 12 East Chicago, IN 46312-3307

Property Details for 810 Chicago Ave

Year built

1922

Construction

WOOD

Lot size

0.14 lot acres

Property size

9,555 SF

Property type

Retail space

APN

45-03-29-332-009.000-024

APU

450329332009000024

Description

This 9,555-square-foot ambulatory surgery center presents a unique investment opportunity in East Chicago, Indiana. Located at 810 W Chicago Ave, this Class B, single-story building sits on a 0.14-acre lot and boasts a desirable location with high visibility. Built in 1922 and extensively renovated in 2006 and 2017 (with a new roof in 2024), the property features two operating rooms, a six-bed recovery area with a nurse's station, exam rooms, a lab, physician's offices, and locker rooms. The building includes a backup generator and a sprinkler system, and is plumbed for medical gas. Some existing equipment is available as-is. The property enjoys excellent access, situated along W Chicago Ave (13,613 vehicles per day) between two signalized intersections, two miles from I-90 (28,543 vehicles per day), and within 500 feet of a public transit stop. Its proximity to St. Catherine Hospital (a 225-bed facility) and other ambulatory surgery centers within a ten-mile radius makes this an ideal location for medical practices. The property is offered at $750,000, representing a price per square foot of $78.49. The East Chicago location benefits from a revitalized downtown area and is part of the Chicago, IL MSA, offering access to a large population base and a favorable business environment. The property is currently vacant, presenting a chance for immediate occupancy or a value-add investment. The permitted zoning is commercial, and the property is offered fee simple.