500 45th Street, Munster, IN 46321
$875,000
Property Type:
Commercial Sale
Square Footage:
8,085
Lot Size (sq. ft.):
48,700
Status:
Closed
Current Price:
$875,000
List Date:
6/02/2021
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 494060
General Property Information
- Living Area
- 8085
- Building Area Source
- Owner
- Year Built
- 1981
- Lot Size Acres
- 1.118
- Lot Size Square Feet
- 48700
- Lot Size Dimensions
- irr
- Stories
- Yes
Property Features
Building Features:
Acoustical Ceiling(s); Business District Location; Commercial Park Location; Exterior Lighting; Lunch Room; Meeting Room; Mixed Use; Near Airport; Plastered Ceiling(s); Private Restrooms; Public Restrooms; Shower/Locker Room; Other
Construction Materials:
Aluminum Siding; Block; Brick; Frame
Cooling:
Central Air
Current Use:
Investment; Office
Electric:
Other
Flooring:
Carpet; Tile; Other
Foundation Details:
Brick/Mortar
Heating:
Central
Interior Features:
Elevator
Listing Terms:
Cash; Conventional; Other
Parking Features:
Common; Paved
Possession:
Close Of Escrow; Other
Possible Use:
Industrial; Mixed Use; Multi-Family
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Aluminum; Flat; Membrane; Other
Security Features:
Fire Alarm; Fire Hydrant On Site; Fire Sprinkler System
Tenant Pays:
Exterior Maintenance; Gas; Grounds Care; HVAC Maintenance; Water
Utilities:
Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected
Showing Requirements:
24 Hour Notice
Contract Information
- Auction YN
- No
- Original List Price
- 1100000
- Property Sub Type
- Industrial
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 500
- Street Name
- 45th
- Street Suffix
- Street
- County
- Lake
- State
- IN
- Postal Code
- 46321
- Subdivision Name
- Kennedy Court Resub
Remarks and Miscellaneous
- Public Remarks
- EXCELLENT COMMERCIAL PROPERTY! THIS LOCATION IS IDEAL FOR ANY BUSINESS. This fully operational electrical/industrial business is conveniently located within minutes OF THE ILLINOIS LINE AND of ALL mayor expressways and DOWNTOWN CHICAGO. Over 8000 SQ.FT. of OFFICE, SHOWROOM, MEETING ROOMS, AND LARGE COMMERCIAL GARAGE WITH 8 BAYS! THIS space has plenty to offer for all your business needs. Offering EMPLOYEE and PUBLIC BATHROOMS AND SHOWERS AND PLENTY OF PARKING this location is ideal for ANY BUSINESS!
Status Change Information
- Major Change Timestamp
- 2024-02-18T02:06:53Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2024-02-18T02:06:53Z
- Status Change Timestamp
- 2022-04-11
- Offer Acceptance Date
- 2022-01-15
- Close Date
- 2022-04-11
- Close Price
- 875000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Building Features
- Building Dimensions
- 134x60
- Number of Offices
- 5
- Office SqFt
- 8085
- Overhead Doors
- 2
- Acoustical Ceiling(s)
- Yes
- Business District Location
- Yes
- Commercial Park Location
- Yes
- Exterior Lighting
- Yes
- Lunch Room
- Yes
- Meeting Room
- Yes
- Mixed Use
- Yes
- Near Airport
- Yes
- Plastered Ceiling(s)
- Yes
- Private Restrooms
- Yes
- Public Restrooms
- Yes
- Shower/Locker Room
- Yes
- Other
- Yes
Exemption Information
- Exemption YN
- Y
Showing Requirements
- Showing Instructions
- Call listing agent to schedule showing.
- 24 Hour Notice
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Bldg. Exterior: Alum/Vinyl Wndw Trim, Frontage Access: Public Road, Fire Protect: Fire Extinguishers
Location, Tax, and Legal
- Postal Code +4
- 2816
- Tax Legal Description
- Legal Description: KENNEDY COURT (1.118 AC) LOT 6 (A RE-SUB OF PT OF L.2 IN MIDWEST CENTRAL BUS. PA
- Parcel Number
- 450625402002000027
- Township
- North
- Directions
- Calumet ave. to 45th West to property on North
- Cross Street
- Calumet
Construction Materials
- Aluminum Siding
- Yes
- Block
- Yes
- Brick
- Yes
- Frame
- Yes
Cooling
- Central Air
- Yes
Electric
- Other
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
- Other
- Yes
Foundation Details
- Brick/Mortar
- Yes
Heating
- Central
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Other
- Yes
Parking Features
- Common
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
- Other
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Aluminum
- Yes
- Flat
- Yes
- Membrane
- Yes
- Other
- Yes
Security Features
- Fire Alarm
- Yes
- Fire Hydrant On Site
- Yes
- Fire Sprinkler System
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Income and Expenses
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 0
- Insurance Expense
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Net Operating Income
- 0
- New Taxes Expense
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Total Actual Rent
- 0
- Trash Expense
- 0
- Water Expense
- 0
Tenant Pays
- Exterior Maintenance
- Yes
- Gas
- Yes
- Grounds Care
- Yes
- HVAC Maintenance
- Yes
- Water
- Yes
Current Use
- Investment
- Yes
- Office
- Yes
Possible Use
- Industrial
- Yes
- Mixed Use
- Yes
- Multi-Family
- Yes
Rail Availability
- None
- Yes
Listing Office:
BHHS Executive Realty
Last Updated: February - 24 - 2024
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