1948 Indianapolis Boulevard Active

Whiting,IN 46394

$ 500000

- Bed

- Bath

3469 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,469 sqft

Price per Sqft $144

MLS Listing ID 12511638

Year Built 1927

Annual Tax Amount $4,569

Tax Year 2024

Lot Dimensions 50 x 125

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

Zoning COMMR

Interior

Cooling Window Unit(s)

Flooring Carpet,Tile,Vinyl,Wood

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick

View More
Favorite Go Tour