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East Chicago, IN Shopping Centers for Sale

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Hammond, IN Gary, IN Whiting, IN Calumet City, IL Chicago, IL Highland, IN Lansing, IL Hillsdale, IN
Historic Bank Building
Updated: Jul 13
Historic Bank Building

2201 Broadway St, East Chicago, IN 46312

$500,500
Former PNC Bank building constructed in 1926
Corner location at Broadway and Main St in downtown East Chicago
Water and sewer services are already connected to the building
NIPSCO utilities are in working order
Near public transportation, parks, highways, beaches, and schools
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in East Chicago, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Unit Storefront Property
Multi-Unit Storefront Property

4726 Calumet Ave, Hammond, IN 46327

$1,500,000
15,056 sqft

Fully leased retail property with established long-term occupants and frontage along two avenues.

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Multi-Tenant Retail Center
Multi-Tenant Retail Center

668 River Oaks Dr, Calumet City, IL 60409

Contact for pricing
22,197 sqft 1.13 AC lot

Fully occupied retail property with two entrances, landscaped parking, and cross-access with Dunkin'.

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Grocery-Anchored Shopping Center
Grocery-Anchored Shopping Center

7925 Indianapolis Blvd, Hammond, IN 46324

Contact for pricing

Five-tenant retail center with grocery-store anchoring and interstate exposure in the Chicago metropolitan area.

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Class B Retail Strip Center
Class B Retail Strip Center

454 Burnham Ave, Calumet City, IL 60409

Contact for pricing

Fully occupied retail property with on-site parking serving the tenant base.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Land Ready For Development
Vacant Land Ready For Development

21587 Lincoln Highway, Lynwood, IL 60411

$260,000

Cleared land zoned B-3 with multiple development opportunities.

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Corner Commercial Land
Corner Commercial Land

237 W 79th Street, Chicago, IL 60620

$130,000
0.16 AC lot

Four adjoining parcels carry a COMMR zoning designation in Chicago.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

5103 E Lincoln, Merrillville, IN 46410

$749,900
5.15 AC lot

Planned B3 zoning permits office, retail, recreation, and automotive-oriented uses with utilities already serving the site.

View details
Commercial Development Land
Commercial Development Land

19611 Crawford Avenue, Flossmoor, IL 60422

$399,800
2.53 AC lot

Commercially zoned acreage near established businesses, schools, residential neighborhoods, and commuter routes.

View details

Off-Market Properties in East Chicago, IN

Consider similar Off-Market properties in East Chicago, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2121 Columbus Dr
WHOLESALE OUTLET, DISCOUNT STORE

2121 Columbus Dr, East Chicago, IN 46312-3197

$780,000
Estimated value
39,103 sqft 1.67 AC lot
View details
4739 Indianapolis Blvd
SHOPPING CENTER, STRIP CENTER

4739 Indianapolis Blvd, East Chicago, IN 46312-3327

$335,000
Estimated value
6,720 sqft 0.16 AC lot
View details
4705 Indianapolis Blvd
SHOPPING CENTER, STRIP CENTER

4705 Indianapolis Blvd, East Chicago, IN 46312-3385

$435,000
Estimated value
11,108 sqft 0.43 AC lot
View details
1408 Columbus Dr
SHOPPING CENTER, STRIP CENTER

1408 Columbus Dr, East Chicago, IN 46312-2819

$260,000
Estimated value
1,760 sqft 0.14 AC lot
View details
4624 Magoun Ave
WHOLESALE OUTLET, DISCOUNT STORE

4624 Magoun Ave, East Chicago, IN 46312-3243

$1,545,000
Estimated value
12,348 sqft 1.01 AC lot
View details
4020 Main St
WHOLESALE OUTLET, DISCOUNT STORE

4020 Main St, East Chicago, IN 46312-2811

$370,000
Estimated value
11,592 sqft 0.52 AC lot
View details
4802 Indianapolis Blvd
SHOPPING CENTER, STRIP CENTER

4802 Indianapolis Blvd, East Chicago, IN 46312-3469

$435,000
Estimated value
13,132 sqft 0.44 AC lot
View details
1405 Columbus Dr
WHOLESALE OUTLET, DISCOUNT STORE

1405 Columbus Dr, East Chicago, IN 46312-2818

$385,000
Estimated value
11,800 sqft 0.42 AC lot
View details

East Chicago, IN Shopping Centers Market Trends and Statistics

Explore 9 shopping centers for sale in East Chicago, IN on our real estate platform.

Sale prices for plazas in East Chicago, IN average $500,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 12
Banks 2
Auto shops 1
Automotive properties 1
Shopping centers 1

Demographics Overview

Population 26K
Population Growth (5Y) -8.1%
Median Household Income $41,071
College Educated 13.3%

High-Yield Neighborhoods for Investment

Identify East Chicago submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46312 $500.5K

Taxes & Financing

Tax Rate (average for all types) 3.09%
Property Tax per SF $20.89 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

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