1019 E Summit Street, Crown Point, IN 46307 (MLS# 816865)

1019 E Summit Street, Crown Point, IN 46307

$3,900,000

Virtual Tour

https://drive.google.com/file/d/15fY3SSmXFmTc4wxDwXeIMpvv-BOzE3dc/view?usp=drive_link

Property Type: Commercial Sale Square Footage: 45,966 Lot Size (sq. ft.): 108,900 Status: Active

Current Price: $3,900,000 List Date: 8/27/2025 Last Modified: 2/27/2026

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: 2025-08-27T20:36:16Z
Major Change Type: Back on Market
Price Change Timestamp: 2025-08-27T15:53:37Z
Status Change Timestamp: 2025-08-27
Back on Market Date: 2025-08-27

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
Business District Location: Yes
Commercial Park Location: Yes
Common Dock(s): Yes
Docks Community: Yes
Enclosed Dock(s): Yes
Exposed Under Roof Ceiling(s): Yes
Exterior Lighting: Yes
Industrial Park Location: Yes
Janitorial Service: Yes
Lunch Room: Yes
Meeting Room: Yes
Office Park Location: Yes
Private Restrooms: Yes
Public Restrooms: Yes
Shower/Locker Room: Yes

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
Cable TV Expense: 0
Gross Income: 0
Gross Scheduled Income: 0
Maintenance Expense: 0
Manager Expense: 0
Other Expense: 0
Professional Management Expense: 0
Supplies Expense: 0
Total Actual Rent: 0

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.
Appointment Only: Yes
Listing Agent Must Accompany: Yes

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

Location, Tax, and Legal

Postal Code +4: 2727
School District: Crown Point
Tax Annual Amount: 38804.3
Tax Year: 2024
Tax Legal Description: PT OF N1/2 R.R. R/W LY'G IN NW1/4 SW1/4 S.4 T.34 R.8 0.137AC
Parcel Number: 451604301012000041
Additional Parcels YN: Yes
Additional Parcels Description: 45-16-04-301-006.000-042
Zoning Description: Industrial
Township: Center
Directions: Broadway Avenue to Summit Street, Summit Street (West) to property on (South) side of Summit.
Cross Street: Indiana Ave.
Census Tract: 430.03

Appliances

None: Yes

Construction Materials

Aluminum Siding: Yes
Brick: Yes

Cooling

Central Air: Yes

Electric

200+ Amp Service: Yes
Circuit Breakers: Yes

Exterior Features

Lighting: Yes
Private Yard: Yes
Storage: Yes

Foundation Details

Concrete Perimeter: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Ceiling Fan(s): Yes
Eat-in Kitchen: Yes
Entrance Foyer: Yes
High Ceilings: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lock Box Information

SentriLock: Yes

Lot Features

Near Public Transit: Yes
Paved: Yes
Private: Yes
Rectangular Lot: Yes

Parking Features

Additional Parking: Yes
Asphalt: Yes
Garage Door Opener: Yes
Gravel: Yes
Off Street: Yes
Oversized: Yes
Paved: Yes

Possession

Negotiable: Yes

Road Frontage Type

City Street: Yes

Roof

Metal: Yes

Security Features

Fire Alarm: Yes
Security Lights: Yes
Security System: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

City: Yes

Water Source

Public: Yes

Owner Pays

All Utilities: Yes
Common Area Maintenance: Yes
Electricity: Yes
Exterior Maintenance: Yes
Gas: Yes
Grounds Care: Yes
HVAC Maintenance: Yes
Insurance: Yes
Janitorial Service: Yes
Pest Control: Yes
Repairs: Yes
Roof Maintenance: Yes
Security: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Telephone: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

None: Yes

Current Use

Industrial: Yes
Office: Yes
Warehouse: Yes

Possible Use

Automotive: Yes
Commercial: Yes
Development: Yes
Industrial: Yes
Investment: Yes
Medical/Dental: Yes
Mini-Storage: Yes
Mixed Use: Yes
Office: Yes
Recreational: Yes
Retail: Yes
Warehouse: Yes

Business Type

Industrial: Yes
Professional/Office: Yes
Warehouse: Yes
Other: Yes

Rail Availability

None: Yes

Listing Office: JK Pro Realty, LLC

Last Updated: February - 27 - 2026

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