1019 E Summit Street, Crown Point, IN 46307

$3,900,000
Property Type: Commercial Sale Square Footage: 45,966 Lot Size (sq. ft.): 108,900 Status: Pending
Current Price: $3,900,000 List Date: 8/27/2025 Last Modified: 7/14/2026

Overview

Description

MAJOR PRICE REDUCTION! Just under 46,000 square feet of industrial warehouse space for sale on 2.5 acres near I-65 in prime, highly desired and central Crown Point location. Zoned I-1 (industrial) and can be suitable for a variety of users/uses. Main building features: 39,723 sq ft, with multiple cranes from traveling bridge cranes to jib cranes ranging from 1/2 ton all the way to 10 tons, heated warehouse, multiple overhead doors/drive-in bays, Electric: 800A,240/480v,3 phase, high ceiling heights 16 feet on the sides and 25 feet in the middle, fully finished offices w/forced air heat and air conditioning, employee kitchen area, locker rooms, break rooms, bathrooms and more. Rear building: 6,242 sq ft. Rear building built in: 1989, clear ceiling height 16 feet. Parcel # 45-16-04-301-006.000-042 is also included in the sale. Please see the attached documents showing more detailed information on the cranes and also a list of personal property being offered for sale.

Listing Details MLS# 816865

General Property Information

Number Of Units Total
2
Living Area
45966
Building Area Source
Assessor
Accessibility Features YN
No
Year Built
1970
Year Built Details
Building #1/Front Building: Built in 1970 Building #2/Rear Building: Built in 1989
Parking Total
30
Lot Size Acres
2.5
Lot Size Square Feet
108900
Lot Size Source
Assessor
Lot Size Dimensions
140 x 778
Waterfront YN
No
Basement YN
No
Stories
Yes

Property Features

Appliances: None Building Features: Business District Location; Commercial Park Location; Common Dock(s); Docks Community; Enclosed Dock(s); Exposed Under Roof Ceiling(s); Exterior Lighting; Industrial Park Location; Janitorial Service; Lunch Room; Meeting Room; Office Park Location; Private Restrooms; Public Restrooms; Shower/Locker Room Business Type: Industrial; Professional/Office; Warehouse; Other Construction Materials: Aluminum Siding; Brick Cooling: Central Air Current Use: Industrial; Office; Warehouse Electric: 200+ Amp Service; Circuit Breakers Exterior Features: Lighting; Private Yard; Storage Foundation Details: Concrete Perimeter Heating: Forced Air; Natural Gas Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; High Ceilings Listing Terms: Cash; Conventional Lock Box Information: SentriLock Lot Features: Near Public Transit; Paved; Private; Rectangular Lot Owner Pays: All Utilities; Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Grounds Care; HVAC Maintenance; Insurance; Janitorial Service; Pest Control; Repairs; Roof Maintenance; Security; Sewer; Snow Removal; Taxes; Telephone; Trash Collection; Water Parking Features: Additional Parking; Asphalt; Garage Door Opener; Gravel; Off Street; Oversized; Paved Possession: Negotiable Possible Use: Automotive; Commercial; Development; Industrial; Investment; Medical/Dental; Mini-Storage; Mixed Use; Office; Recreational; Retail; Warehouse Rail Availability: None Road Frontage Type: City Street Roof: Metal Security Features: Fire Alarm; Security Lights; Security System Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Appointment Only; Listing Agent Must Accompany

Contract Information

Auction YN
No
Original List Price
7000000
Property Sub Type
Industrial
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
1019
Street Direction Prefix
E
Street Name
Summit
Street Suffix
Street
County
Lake
State
IN
Postal Code
46307
Subdivision Name
none

Remarks and Miscellaneous

Public Remarks
MAJOR PRICE REDUCTION! Just under 46,000 square feet of industrial warehouse space for sale on 2.5 acres near I-65 in prime, highly desired and central Crown Point location. Zoned I-1 (industrial) and can be suitable for a variety of users/uses. Main building features: 39,723 sq ft, with multiple cranes from traveling bridge cranes to jib cranes ranging from 1/2 ton all the way to 10 tons, heated warehouse, multiple overhead doors/drive-in bays, Electric: 800A,240/480v,3 phase, high ceiling heights 16 feet on the sides and 25 feet in the middle, fully finished offices w/forced air heat and air conditioning, employee kitchen area, locker rooms, break rooms, bathrooms and more. Rear building: 6,242 sq ft. Rear building built in: 1989, clear ceiling height 16 feet. Parcel # 45-16-04-301-006.000-042 is also included in the sale. Please see the attached documents showing more detailed information on the cranes and also a list of personal property being offered for sale.

Status Change Information

Major Change Timestamp
2026-07-14T18:28:41Z
Major Change Type
Status Change
Price Change Timestamp
2025-08-27T15:53:37Z
Status Change Timestamp
2026-07-14
Offer Acceptance Date
2026-07-14

More Information

Building Features

Building Dimensions
112 x 302
Clear Ceiling Height
25 & 16
Cranes
20
Number of Offices
8
Office SqFt
1400
Overhead Doors
7

Exemption Information

Exemption YN
No

Frontage Type

Frontage Length
140

Income and Expenses

Electric Expense
9486
Expense Year
2023
Insurance Expense
7000
Net Operating Income
55632
New Taxes Expense
39554
Sewer Expense
1644
Trash Expense
2300
Water Expense
1500

Showing Requirements

Showing Instructions
Listing broker Jimmy Karalis will meet you at the property to open up and walk you through., Please use Showing Assist. Listing broker to be present.

Historical Information

Public Historical Remarks
Zoning: INDUS, Utilities: On, Air Cond/Ventilation: Office Only, Frontage Access: Frontage Road,Public Road, Roof Structure: Gable,Pitched, Fire Protect: Fire Extinguishers
Listing Office: JK Pro Realty, LLC
Last Updated: July - 14 - 2026
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