1031 E Summit Street, Crown Point, IN 46307

$1,200,000
Property Type: Commercial Sale Square Footage: 7,640 Lot Size (sq. ft.): 50,530 Status: Active
Current Price: $1,200,000 List Date: 4/22/2026 Last Modified: 5/05/2026

Overview

Description

Great visibility and endless possibilities for this 6500 SF all-steel industrial building with 20' ceilings, 480V 3-phase, 2 overhead cranes (5T & 2T) and LED lighting plus a separate 1100 SF office building. Property consists of 3 parcels totaling 1.16 acres with ample parking and outside storage space. Overhead gas heat plus a large wood burner in main building. HVAC and HWH have been replaced in both the main building office area and separate office building within the past 4 years. Office building roof shingles replaced within past 6 years. Approximately 600 SF efficiency apartment space on 2nd floor of main building. Additional storage shed on property. Owner to replace older carpeting as necessary

Listing Details MLS# 837423

General Property Information

Number Of Units Total
3
Living Area
7640
Building Area Source
Owner
Accessibility Features YN
No
Year Built
1974
Year Built Details
Original main building 1974 - office building 1976 - addition to main building 1990. Additional approx. 600 SF of space on 2nd floor of original building is being used as an efficiency apartment. 12 X 15 storage shed
Parking Total
30
Lot Size Acres
1.16
Lot Size Square Feet
50529.6
Lot Size Source
Assessor
Waterfront YN
No
Basement YN
No

Property Features

Appliances: Gas Water Heater Building Features: Commercial Park Location; Exterior Lighting; High Speed Internet; Lunch Room; Private Restrooms Business Type: Industrial Construction Materials: Other Cooling: Central Air Current Use: Industrial; Vacant Electric: 100 Amp Service; 200+ Amp Service Flooring: Concrete; Tile Heating: Central; Forced Air; Natural Gas; Other Listing Terms: Cash; Contract; Conventional; Lease Purchase Lock Box Information: SentriLock Lot Features: Corner Lot Owner Pays: All Utilities Parking Features: Additional Parking; Asphalt; Driveway; Gravel; Off Street; Paved Possession: Close Of Escrow Possible Use: Commercial; Industrial Rail Availability: None Roof: Metal; Shingle; Other Security Features: Security Lights; Other Sewer: Public Sewer Special Licenses: None Special Listing Conditions: None Tenant Pays: None Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected View: None Water Source: Public

Contract Information

Auction YN
No
Original List Price
1200000
Property Sub Type
Industrial
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
1031
Street Direction Prefix
E
Street Name
Summit
Street Suffix
Street
County
Lake
State
IN
Postal Code
46307

Remarks and Miscellaneous

Public Remarks
Great visibility and endless possibilities for this 6500 SF all-steel industrial building with 20' ceilings, 480V 3-phase, 2 overhead cranes (5T & 2T) and LED lighting plus a separate 1100 SF office building. Property consists of 3 parcels totaling 1.16 acres with ample parking and outside storage space. Overhead gas heat plus a large wood burner in main building. HVAC and HWH have been replaced in both the main building office area and separate office building within the past 4 years. Office building roof shingles replaced within past 6 years. Approximately 600 SF efficiency apartment space on 2nd floor of main building. Additional storage shed on property. Owner to replace older carpeting as necessary

Status Change Information

Major Change Timestamp
2026-04-22T07:16:02Z
Major Change Type
New Listing
Status Change Timestamp
2026-04-22

More Information

Building Features

Building Dimensions
40 X 63; 40 X 100; 40 X 28 (office); 12 X 15 shed
Clear Ceiling Height
20
Cranes
5 ton overhead, 2 ton overhead
Number of Offices
4
Office SqFt
1120
Overhead Doors
2
Commercial Park Location
Yes
Exterior Lighting
Yes
High Speed Internet
Yes
Lunch Room
Yes
Private Restrooms
Yes

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Use Showing Time or call listing office 219-746-6110. Please allow 24 hours notice for showing requests due to tenant in apartment. Electronic lockbox located on office building front door. Main building is vacant - office building occupied by owner - apartment occupied by tenant. Keys are included for the office building, shop main door (closest to office building door) and second floor apartment (up the stairs). Lights for shop: go through shop office and into shop - turn lights on next to door. Proceed to north side of shop area and turn on light switches by breaker boxes. Proceed to breaker box panel between shop bays - the first 7 breakers at the top left of the panel control lights in shop addition. Go in reverse order to turn off all lights.

Location, Tax, and Legal

Tax Annual Amount
8352.82
Tax Year
2025
Tax Legal Description
E114.8FT OF W1703.50FT OF N207.43 FT OF SW1/4 S.4 T.34 R8 .547AC; E.95.2FT OF W1798.25FT OF N.207.43 FT OF SW1/4 S.4 T.34 R.8 .453AC; E.60FT OF S.122.57FT OF N.330FT OF SW1/4 S.4 T.34 R.8 .168 AC
Parcel Number
451604326004000042
Additional Parcels YN
Yes
Additional Parcels Description
451604326005000042 and 451604326006000042
Zoning Description
Industrial
Township
Center
Directions
From Broadway and Summit Street turn west on Summit - property is approximately 3/4 mile on south side just past Wheeler Street
Cross Street
Wheeler Ct

Appliances

Gas Water Heater
Yes

Construction Materials

Other
Yes

Cooling

Central Air
Yes

Electric

100 Amp Service
Yes
200+ Amp Service
Yes

Flooring

Concrete
Yes
Tile
Yes

Heating

Central
Yes
Forced Air
Yes
Natural Gas
Yes
Other
Yes

Listing Terms

Cash
Yes
Contract
Yes
Conventional
Yes
Lease Purchase
Yes

Lock Box Information

SentriLock
Yes

Lot Features

Corner Lot
Yes

Parking Features

Additional Parking
Yes
Asphalt
Yes
Driveway
Yes
Gravel
Yes
Off Street
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Metal
Yes
Shingle
Yes
Other
Yes

Security Features

Security Lights
Yes
Other
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

None
Yes

Water Source

Public
Yes

Owner Pays

All Utilities
Yes

Tenant Pays

None
Yes

Current Use

Industrial
Yes
Vacant
Yes

Possible Use

Commercial
Yes
Industrial
Yes

Business Type

Industrial
Yes

Rail Availability

None
Yes

Special Licenses

None
Yes
Listing Office: Water Tower Properties, LLC
Last Updated: May - 05 - 2026
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