100 Brown Avenue, Chesterton, IN 46304

$551,700
Property Type: Commercial Sale Square Footage: 24,265 Lot Size (sq. ft.): 125,453 Status: Closed
Current Price: $551,700 List Date: 6/15/2018 Last Modified: 2/24/2024

Overview

Description

Rare find for in town property with industrial zoning. The property is currently rented to multiple tenants. Total rental income is $5,150/month. Owner pays all utilities.

Listing Details MLS# 436855

General Property Information

Living Area
24265
Building Area Source
Assessor
Year Built
1950
Lot Size Acres
2.88
Lot Size Square Feet
125453
Lot Size Dimensions
330 x 380
Waterfront YN
No
Stories
Yes

Property Features

Building Features: Concrete Ceiling(s); Enclosed Dock(s); Multi Tenant; Open Dock(s); Other Construction Materials: Block Cooling: Central Air; Zoned Current Use: Automotive; Investment; Office; Warehouse Flooring: Concrete; Varies Foundation Details: Concrete Perimeter Heating: Ceiling; Forced Air; Natural Gas; Zoned Interior Features: Elevator; High Speed Internet Listing Terms: Cash; Conventional Parking Features: Common; Private Possible Use: Automotive; Industrial; Mini-Storage; Office; Warehouse Rail Availability: None Road Frontage Type: City Street Roof: Flat; Rubber; Tar/Gravel Security Features: Fire Hydrant On Site Tenant Pays: None Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected Water Source: Public Showing Requirements: Listing Agent Must Accompany

Contract Information

Auction YN
No
Original List Price
650000
Property Sub Type
Industrial
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Owner Name
Complete Control Systems
Occupant Type
Tenant

Location Tax and Legal

Street Number
100
Street Name
Brown
Street Suffix
Avenue
County
Porter
State
IN
Postal Code
46304
Subdivision Name
Browns Add

Remarks and Miscellaneous

Public Remarks
Rare find for in town property with industrial zoning. The property is currently rented to multiple tenants. Total rental income is $5,150/month. Owner pays all utilities.

Status Change Information

Major Change Timestamp
2018-08-31T11:51:32Z
Major Change Type
Status Change
Status Change Timestamp
2018-08-31
Offer Acceptance Date
2018-08-03
Close Date
2018-08-31
Close Price
551700
Buyer Financing
Cash

More Information

Building Features

Building Dimensions
160 x 200
Clear Ceiling Height
11
Overhead Doors
6

Exemption Information

Exemption YN
N

Frontage Type

Frontage Length
330

Income and Expenses

Electric Expense
5000
Expense Year
2016
Gross Scheduled Income
61800
Insurance Expense
1100
Net Operating Income
35800
New Taxes Expense
12500
Sewer Expense
1200
Total Actual Rent
61800
Water Expense
1200

Showing Requirements

Showing Instructions
Call or text listing agent Cheryl Bonin (219) 921-9883

Historical Information

Public Historical Remarks
Zoning: INDUS, Utilities: On, Parking: Public Parking, Utilities: Storm Sewer Avail.
Listing Office: CHERYL Real Estate Services, L
Last Updated: February - 24 - 2024
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