25
See all 25 photos
$500,000
Est. payment /mo
6,012 SqFt
New
1948 Indianapolis BLVD Whiting, IN 46394
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,012 sqft
Price per Sqft $83
MLS Listing ID 829850
Year Built 1927
Annual Tax Amount $4,569
Tax Year 2024
Lot Size 6,250 Sqft
Acres 0.1435
Property Sub-Type Mixed Use
Property Description
Welcome to 1948 Indianapolis Blvd, a prime multi-unit mixed-use property perfectly positioned in one of Northwest Indiana's most vibrant communities which sits on a double lot --just 45 minutes from Downtown Chicago! This solid brick building features retail space on the main level, three spacious units, including nine bedrooms and three bathrooms across the residential units--offering endless income potential. Whether you're an investor looking for strong rental returns or an entrepreneur seeking a live/work setup, this property checks all the boxes. Each unit is occupied with long-term, very dependable tenants and each unit is in great condition. Excellent investment or owner-occupant opportunity. Located along well traveled Indianapolis Blvd, this high-visibility location provides steady foot and vehicle traffic, ideal for retail, dining, or service businesses. Plus, it's just steps from Whiting's charming downtown, parks, restaurants, Lake Michigan's scenic shoreline and walking distance to the annual Summer Pierogi Fest! Only 45 minutes to Chicago--easy reverse commute to work or a weekend getaway. Don't miss this rare opportunity to own a versatile income-producing property in a growing community with small-town charm and city convenience! This Multi-unit + Retail is in a prime location with endless income potential.
Location
State IN
County Lake
Interior
Interior Features None
Heating Natural Gas
Fireplace N
Appliance None
Exterior
Exterior Feature Balcony, Private Yard, Rain Gutters
View Y/N true
View true
Building
Lot Description Back Yard, Paved, Rectangular Lot, Landscaped
Others
Tax ID 450307252038000025
Acceptable Financing NRA20251024172144950388000000
Listing Terms NRA20251024172144950388000000
Listed by Coldwell Banker Realty
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