13115 Wicker Avenue, 10, Cedar Lake, IN 46303

$1,170,000
Property Type: Commercial Sale Square Footage: 8,700 Lot Size (sq. ft.): 118,396 Status: Closed
Current Price: $1,170,000 List Date: 4/24/2019 Last Modified: 2/24/2024

Overview

Description

LOCATION****LOCATION****LOCATION! GREAT INVESTMENT OPPORTUNITIES FOR THIS YOUNG SERVICE/BUSINESS CENTER. This building features 10 units (currently 6 unit design) 100% occupied. Great visibility on RT 41, plenty of parking. Built in 2006, reasonable CAM expenses.

Listing Details MLS# 453501

General Property Information

Living Area
8700
Building Area Source
Assessor
Accessibility Features YN
Yes
Year Built
2006
Lot Size Acres
2.718
Lot Size Square Feet
118396
Lot Size Dimensions
2.718 Acres
Waterfront YN
No
Stories
Yes

Property Features

Building Features: Acoustical Ceiling(s); Strip Mall Location; Other Construction Materials: Frame; Stucco; Vinyl Siding Cooling: Central Air Current Use: Medical/Dental; Mixed Use; Office Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service; Circuit Breakers; Separate Meters Flooring: Concrete Foundation Details: Concrete Perimeter Heating: Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional; Owner Assisted Parking Features: Common; Lighted; Private Possible Use: Commercial; Mixed Use Rail Availability: None Road Frontage Type: Highway Roof: Composition Security Features: Security Lights; Smoke Detector(s) Tenant Pays: Water Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected Water Source: Private; Well Showing Requirements: Appointment Only

Contract Information

Auction YN
No
Original List Price
1390000
Property Sub Type
Retail
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
13115
Street Name
Wicker
Street Suffix
Avenue
Unit Number
10
County
Lake
State
IN
Postal Code
46303
Subdivision Name
Great Oaks

Remarks and Miscellaneous

Public Remarks
LOCATION****LOCATION****LOCATION! GREAT INVESTMENT OPPORTUNITIES FOR THIS YOUNG SERVICE/BUSINESS CENTER. This building features 10 units (currently 6 unit design) 100% occupied. Great visibility on RT 41, plenty of parking. Built in 2006, reasonable CAM expenses.

Status Change Information

Major Change Timestamp
2019-10-28T12:32:41Z
Major Change Type
Status Change
Status Change Timestamp
2019-10-28
Offer Acceptance Date
2019-09-20
Close Date
2019-10-28
Close Price
1170000
Concessions
No
Buyer Financing
Conventional

More Information

Building Features

Building Dimensions
240x40
Clear Ceiling Height
na
Acoustical Ceiling(s)
Yes
Strip Mall Location
Yes
Other
Yes

Exemption Information

Exemption YN
N

Income and Expenses

Expense Year
2017
Insurance Expense
4100
New Taxes Expense
26623
Trash Expense
1440
Water Expense
2512
Electric Expense
0
Gross Income
0
Gross Scheduled Income
0
Maintenance Expense
0
Manager Expense
0
Net Operating Income
0
Other Expense
0
Professional Management Expense
0
Sewer Expense
0
Supplies Expense
0
Total Actual Rent
0

Lock Box Information

Lock Box Serial Number
na

Showing Requirements

Showing Instructions
Use Showing Assist. Call LA evenings and weekends.
Appointment Only
Yes

Historical Information

Public Historical Remarks
Zoning: COMM, Utilities: On, Office File Number: 1438, Roof Structure: Gable, Overhead Doors:

Location, Tax, and Legal

Tax Legal Description
Legal Description: PT.W2 W2 SW SW S.21 T.34 R.9 2.718 AC 249.7X297.37X117.7X156X132X453.37FT.
Parcel Number
451521351001000014
Zoning Description
Commercial
Township
Hanover
Directions
Rt 41 south to property on east side of street.
Cross Street
133rd Avenue

Construction Materials

Frame
Yes
Stucco
Yes
Vinyl Siding
Yes

Cooling

Central Air
Yes

Electric

100 Amp Service
Yes
150 Amp Service
Yes
200+ Amp Service
Yes
Circuit Breakers
Yes
Separate Meters
Yes

Flooring

Concrete
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner Assisted
Yes

Parking Features

Common
Yes
Lighted
Yes
Private
Yes

Road Frontage Type

Highway
Yes

Roof

Composition
Yes

Security Features

Security Lights
Yes
Smoke Detector(s)
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes

Water Source

Private
Yes
Well
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

Water
Yes

Current Use

Medical/Dental
Yes
Mixed Use
Yes
Office
Yes

Possible Use

Commercial
Yes
Mixed Use
Yes

Rail Availability

None
Yes
Listing Office: McColly Real Estate
Last Updated: February - 24 - 2024
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