1407-1414 W Chicago Avenue, East Chicago, IN 46312
$575,000
Property Type:
Commercial Sale
Square Footage:
19,028
Lot Size (sq. ft.):
62,291
Status:
Closed
Current Price:
$575,000
List Date:
8/03/2021
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 498148
General Property Information
- Living Area
- 19028
- Building Area Source
- Estimated
- Accessibility Features YN
- Yes
- Year Built
- 1950
- Lot Size Acres
- 1.43
- Lot Size Square Feet
- 62291
- Lot Size Dimensions
- 125x311 and 154x150
- Waterfront YN
- No
- Stories
- 0
Property Features
Building Features:
Acoustical Ceiling(s); Business District Location; Exterior Lighting; Lunch Room; Meeting Room; Private Restrooms; Public Restrooms; Suspended Ceiling(s)
Construction Materials:
Block; Brick; Concrete; Steel Siding
Cooling:
Central Air; Zoned
Current Use:
Commercial; Office; Retail; Warehouse
Electric:
200+ Amp Service; Circuit Breakers
Flooring:
Carpet; Concrete; Tile; Varies
Foundation Details:
Concrete Perimeter
Heating:
Ceiling; Central; Forced Air; Natural Gas; Zoned
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Lighted; Private
Possession:
Negotiable; Seller Rent Back
Possible Use:
Commercial; Industrial; Medical/Dental; Mini-Storage; Mixed Use; Office; Place of Worship; Recreational; Retail; Warehouse; Other
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Flat; Mixed; Rubber
Security Features:
Fire Alarm; Security Lights
Special Licenses:
Liquor
Tenant Pays:
Exterior Maintenance; Gas; Hot Water; HVAC Maintenance; Water
Utilities:
Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected
Water Source:
Public
Showing Requirements:
24 Hour Notice; Listing Agent Must Accompany
Contract Information
- Auction YN
- No
- Original List Price
- 625000
- Property Sub Type
- Retail
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Owner of record
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 1407-1414
- Street Direction Prefix
- W
- Street Name
- Chicago
- Street Suffix
- Avenue
- County
- Lake
- State
- IN
- Postal Code
- 46312
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- Large Building totaling 19,028 sf under roof 14,336 sf has 16' Clear ceiling heightFeatures Two Bars large KitchenMain Floor Seating For 600+ 46 Parking spaces on site70 Parking spaces across streetPotential for Commercial Use, ChurchOr Light Industrial UseBuilding shows well! Contents Negotiable!Bingo Boards and NOT Included. To Show Call List Agent!DO NOT STOP IN AND BOTHER STAFF OR MEMBERS IN REGARDS TO PROPERTY BEING FOR SALE DIRECT ALL QUESTIONS TO LIST AGENT!
Status Change Information
- Major Change Timestamp
- 2021-09-21T11:55:09Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2021-09-21
- Offer Acceptance Date
- 2021-09-01
- Close Date
- 2021-09-21
- Close Price
- 575000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Building Features
- Clear Ceiling Height
- Varies 16
- Acoustical Ceiling(s)
- Yes
- Business District Location
- Yes
- Exterior Lighting
- Yes
- Lunch Room
- Yes
- Meeting Room
- Yes
- Private Restrooms
- Yes
- Public Restrooms
- Yes
- Suspended Ceiling(s)
- Yes
Exemption Information
- Exemption YN
- Y
Income and Expenses
- Expense Year
- 2019
- Gross Scheduled Income
- 6000
- Net Operating Income
- 6000
- Total Actual Rent
- 6000
- Electric Expense
- 0
- Gross Income
- 0
- Insurance Expense
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- New Taxes Expense
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Trash Expense
- 0
- Water Expense
- 0
Showing Requirements
- Showing Instructions
- Call List Agent, Call List Agent to Show NO Sunday Showings
- 24 Hour Notice
- Yes
- Listing Agent Must Accompany
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Roof Structure: Gable,Pitched
Location, Tax, and Legal
- Tax Legal Description
- Legal Description: RESUB. BLKS.13,14,15 PT. 16,17,26,27,28 PT. SW. S.29 T.37 R.9 W.9INCHES L.7 ALL
- Parcel Number
- 450329304001000024
- Township
- North
- Directions
- Indianapolis to Chicago Ave then West to Address
- Cross Street
- White Oak
Construction Materials
- Block
- Yes
- Brick
- Yes
- Concrete
- Yes
- Steel Siding
- Yes
Cooling
- Central Air
- Yes
- Zoned
- Yes
Electric
- 200+ Amp Service
- Yes
- Circuit Breakers
- Yes
Flooring
- Carpet
- Yes
- Concrete
- Yes
- Tile
- Yes
- Varies
- Yes
Foundation Details
- Concrete Perimeter
- Yes
Heating
- Ceiling
- Yes
- Central
- Yes
- Forced Air
- Yes
- Natural Gas
- Yes
- Zoned
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Lighted
- Yes
- Private
- Yes
Possession
- Negotiable
- Yes
- Seller Rent Back
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Flat
- Yes
- Mixed
- Yes
- Rubber
- Yes
Security Features
- Fire Alarm
- Yes
- Security Lights
- Yes
Utilities
- Electricity Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Tenant Pays
- Exterior Maintenance
- Yes
- Gas
- Yes
- Hot Water
- Yes
- HVAC Maintenance
- Yes
- Water
- Yes
Current Use
- Commercial
- Yes
- Office
- Yes
- Retail
- Yes
- Warehouse
- Yes
Possible Use
- Commercial
- Yes
- Industrial
- Yes
- Medical/Dental
- Yes
- Mini-Storage
- Yes
- Mixed Use
- Yes
- Office
- Yes
- Place of Worship
- Yes
- Recreational
- Yes
- Retail
- Yes
- Warehouse
- Yes
- Other
- Yes
Rail Availability
- None
- Yes
Special Licenses
- Liquor
- Yes
Listing Office:
Coldwell Banker Realty
Last Updated: February - 24 - 2024
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