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Property profile

850 Sidewalk Rd Chesterton, IN 46304

FOR SALE
Retail space
Property ID
US31-0404850
2,880 SF 0.64 ac lot Built 2005
Last sale Jan 2023 · $185,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
850 Sidewalk Rd, Chesterton, IN 46304 For Sale
$249,000 2,880 SF
850 Sidewalk Rd, Chesterton, IN 46304
View Listing

Property summary

AI-generated overview

The property is a 2,800-square-foot commercial unit within a modern retail condominium development in Chesterton, zoned PUD. The unit includes four private rooms totaling 1,400 square feet, one bathroom, and an 840-square-foot open retail/showroom floor. Interior finishes include luxury vinyl flooring, carpet, and tile, and the space features large south-facing windows for natural light. It is located approximately 0.5 miles from Route 49 and about 1.3 miles from I-90, providing access to local…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$173k
Assessed land$13k
Assessed improvement$161k
Effective rate2.41%

Value estimate

· Oct 2026
$155k
$140k – $171k
AI approach$205k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$1k
Operating expenses−$8k
NOI · 7.92% cap applied$20k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$60 – $174
Qualifying comparables3

Cap rate analysis

How does the asset earn?
7.92%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPORTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.7
Auto Repair Shop10.4
Electrical Service9.7

Location

850 Sidewalk Rd Chesterton, IN 46304
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1575 Calumet, Chesterton, IN 46304-3301 $525,000 Nov 2025 4,080 SF
1050 Calumet, Chesterton, IN 46304-3225 $550,000 Jun 2021 4,361 SF
539 Broadway, Chesterton, IN 46304-2319 $140,000 May 2021 4,340 SF
109 950th N, Chesterton, IN 46304-9331 $330,000 Feb 2021 2,466 SF
755 Indian Boundary, Chesterton, IN 46304-1518 $2,000,000 Mar 2020 3,564 SF
201 Calumet, Chesterton, IN 46304-2448 $230,000 Jul 2019 1,890 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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