950 Wabash Avenue, Chesterton, IN 46304

$1,250,000
Property Type: Commercial Sale Square Footage: 21,760 Lot Size (sq. ft.): 74,226 Status: Pending
Current Price: $1,250,000 List Date: 5/12/2026 Last Modified: 5/23/2026

Overview

Description

The property is comprised of two buildings. The 980 Wabash Avenue (west building) contains 12,800 square feet and was constructed in 1988. The 950 Wabash Avenue (east building) contains 8,960 square feet and was constructed in 1985. Electric: 400 AMPS in 980 Wabash; 200 AMPS in 950 Wabash (also includes generator) Heating/Cooling: Central air conditioning and gas furnaces in office areas of both buildings. Gas space heaters in shop area of both buildings. Interior Walls: Insulated steel panels in shop areas. Office areas are painted drywall. Typical Lighting: Fluorescent Structure: Steel frame with steel exterior Foundation: Concrete slab - 8" concrete slab over 4" granular fill Roof: Asphalt shingle roofing supported by steel frame and steel trusses with 12' insulation in the ceiling. Flooring: Sealed concrete with floor drains. Bathrooms: 950 Wabash contains one restroom in the office area and one restroom in the shop area. 980 Wabash building features one restroom in the office area ...

Listing Details MLS# 838729

General Property Information

Number Of Units Total
2
Living Area
21760
Building Area Source
Assessor
Year Built
1985
Year Built Details
950 Wabash 1985, 980 Wabash 1988
Parking Total
22
Lot Size Acres
1.704
Lot Size Square Feet
74226
Lot Size Source
Assessor
Waterfront YN
No
Basement YN
No

Property Features

Appliances: Gas Water Heater Building Features: Depressed Dock(s); Dock Leveler(s); Lunch Room; Meeting Room; Private Restrooms Business Type: Industrial; Warehouse; Other Construction Materials: Other Cooling: Central Air Current Use: Vacant; Warehouse Electric: 200+ Amp Service; Generator; Other Exterior Features: Private Yard Flooring: Carpet; Concrete Heating: Central; Forced Air; Natural Gas Listing Terms: Cash; Conventional Lock Box Information: SentriLock Lot Features: Paved; Private; Rectangular Lot Owner Pays: See Remarks Parking Features: Additional Parking; Attached; Concrete; Garage Faces Rear; Off Street; Oversized Possession: Close Of Escrow Possible Use: Industrial; Office; Warehouse Rail Availability: None Roof: Asphalt; Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Special Licenses: None 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
1250000
Property Sub Type
Industrial
Listing Agreement
Exclusive Right To Sell
Common Interest
None
Owner Name
L J Bell Investments LLC
Occupant Type
Owner

Location Tax and Legal

Street Number
950
Street Name
Wabash
Street Suffix
Avenue
County
Porter
State
IN
Postal Code
46304
Subdivision Name
Wabash West Indust Park

Remarks and Miscellaneous

Public Remarks
The property is comprised of two buildings. The 980 Wabash Avenue (west building) contains 12,800 square feet and was constructed in 1988. The 950 Wabash Avenue (east building) contains 8,960 square feet and was constructed in 1985. Electric: 400 AMPS in 980 Wabash; 200 AMPS in 950 Wabash (also includes generator) Heating/Cooling: Central air conditioning and gas furnaces in office areas of both buildings. Gas space heaters in shop area of both buildings. Interior Walls: Insulated steel panels in shop areas. Office areas are painted drywall. Typical Lighting: Fluorescent Structure: Steel frame with steel exterior Foundation: Concrete slab - 8" concrete slab over 4" granular fill Roof: Asphalt shingle roofing supported by steel frame and steel trusses with 12' insulation in the ceiling. Flooring: Sealed concrete with floor drains. Bathrooms: 950 Wabash contains one restroom in the office area and one restroom in the shop area. 980 Wabash building features one restroom in the office area. 950 Wabash has a total of 8 private office spaces with one conference room. 980 Wabash offers 6 private office spaces and one conference room.

Status Change Information

Major Change Timestamp
2026-05-23T15:10:38Z
Major Change Type
Status Change
Status Change Timestamp
2026-05-23
Offer Acceptance Date
2026-05-23

More Information

Building Features

Number of Offices
14
Depressed Dock(s)
Yes
Dock Leveler(s)
Yes
Lunch Room
Yes
Meeting Room
Yes
Private Restrooms
Yes

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Contact Jeff Bennett at 815-922-6505 or Tina Raffin at 219-405-4485

Location, Tax, and Legal

Tax Annual Amount
9682
Tax Year
2024
Tax Legal Description
WABASH WEST INDUSTRIAL PK E79.87 LOT 1 & ALL LOTS 2&3 1.72A (SEE NOTES)
Parcel Number
640336154002000023
Additional Parcels YN
No
Zoning Description
Industrial
Township
Westchester
Directions
From I94, take the Chesterton exit #26A South to Indian Boundary, turn West to Calumet Rd., turn South to Wabash, turn West to property.
Cross Street
8th Street
Census Tract
502.03

Appliances

Gas Water Heater
Yes

Construction Materials

Other
Yes

Cooling

Central Air
Yes

Electric

200+ Amp Service
Yes
Generator
Yes
Other
Yes

Exterior Features

Private Yard
Yes

Flooring

Carpet
Yes
Concrete
Yes

Heating

Central
Yes
Forced Air
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lock Box Information

SentriLock
Yes

Lot Features

Paved
Yes
Private
Yes
Rectangular Lot
Yes

Parking Features

Additional Parking
Yes
Attached
Yes
Concrete
Yes
Garage Faces Rear
Yes
Off Street
Yes
Oversized
Yes

Possession

Close Of Escrow
Yes

Roof

Asphalt
Yes
Shingle
Yes

Security Features

Smoke Detector(s)
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

City
Yes

Water Source

Public
Yes

Owner Pays

See Remarks
Yes

Tenant Pays

See Remarks
Yes

Current Use

Vacant
Yes
Warehouse
Yes

Possible Use

Industrial
Yes
Office
Yes
Warehouse
Yes

Business Type

Industrial
Yes
Warehouse
Yes
Other
Yes

Rail Availability

None
Yes

Special Licenses

None
Yes
Listing Office: McColly Real Estate
Last Updated: May - 23 - 2026
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