2001 Calumet Avenue, Valparaiso, IN 46383
$2,710,000
Property Type:
Commercial Sale
Square Footage:
23,264
Lot Size (sq. ft.):
37,897
Status:
Closed
Current Price:
$2,710,000
List Date:
9/12/2025
Last Modified:
11/11/2025
Overview
Description
Listing Details MLS# 827684
General Property Information
- Number Of Units Total
- 28
- Living Area
- 23264
- Building Area Source
- Assessor
- Year Built
- 1966
- Parking Total
- 43
- Lot Size Acres
- 0.87
- Lot Size Square Feet
- 37897
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- Yes
- Stories
- 2
Property Features
Basement:
Other
Building Features:
Balcony; Exterior Lighting; Mixed Use; Multi Tenant
Business Type:
Mixed
Construction Materials:
Vinyl Siding
Cooling:
Other
Current Use:
Mixed Use; Multi-Family
Electric:
Other
Exterior Features:
Balcony; Lighting
Heating:
Forced Air; Other
Listing Terms:
Cash; Conventional
Owner Pays:
Exterior Maintenance; See Remarks
Parking Features:
Asphalt
Possession:
Subject To Tenant Rights
Rail Availability:
None
Roof:
Shingle
Sewer:
Public Sewer
Special Listing Conditions:
None
Tenant Pays:
See Remarks
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 2725000
- Property Sub Type
- Multi Family
- Listing Agreement
- Exclusive Agency
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 2001
- Street Name
- Calumet
- Street Suffix
- Avenue
- County
- Porter
- State
- IN
- Postal Code
- 46383
- Subdivision Name
- Freunds 1st Add
Remarks and Miscellaneous
- Public Remarks
- SOLD BEFORE PRINT! Opportunity knocks with a substantial residential income investment property on the north side of Valparaiso. A 19,932 SF mix of eighteen 1 bedroom apartments , ten 2 bedroom apartments and about 3300 square feet of commercial space plus ample basement storage, this building brings income potential. Property will be delivered mostly vacant with just a few remaining tenants. Located on Calumet just north of Glendale, near new attached patio homes, Walgreens Pharmacy, and other national and regional chains, and on the V Line bus line with a stop on location, this building is unique. Proforma returns at conservative market value rents forecast approximately an 8 CAP at asking price. 48 hour notice will be required for all showings -- select vacant units only, plus commercial space and storage.
Status Change Information
- Major Change Timestamp
- 2025-11-11T17:45:52Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2025-11-11
- Offer Acceptance Date
- 2025-09-12
- Close Date
- 2025-11-10
- Close Price
- 2710000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Building Features
- Number of Offices
- Yes
- Office SqFt
- 3332
Exemption Information
- Exemption YN
- Yes
- Exemptions
- Charitable
Showing Requirements
- Showing Instructions
- Use showing assist - 48 hour notice
Listing Office:
RE/MAX Lifestyles
Last Updated: November - 11 - 2025
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