711 S Calumet Road

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711 S Calumet Road

Chesterton, IN 46304
Asking Price
$449K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building comprising 4,608 square feet of space.
  • Property is currently listed for sale at $449,000.
  • Located on S Calumet Road in Chesterton, Indiana.
  • Situated within the accessible Northwest Indiana regional market.
  • Suitable for various administrative or professional service firm use cases.

What's Special

Professional service firms and businesses seeking a central workspace will find this 4,608-square-foot traditional office building at 711 S Calumet Road a practical choice. The property serves as a functional asset for organizations requiring dedicated administrative space or a headquarters within the Chesterton community. Chesterton sits within a growing region of Northwest Indiana, benefiting from its proximity to regional transportation routes and the economic activity generated by the greater Chicago metropolitan area. This setting allows for steady access to local services and professional amenities suited for office operations. Investors and business buyers can capitalize on the building's layout to accommodate diverse workspace requirements, from private offices to collaborative common areas. The facility provides a stable environment for professional service providers, medical administrators, or corporate entities looking to establish a footprint in this well-connected suburban landscape.

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NOI
$80,000
Cap Rate
17.82%
DSCR
3.00
Strong
Cash-on-Cash
39.60%
Monthly Payment
$2,221.407
Annual Cash Flow
$53,343.116

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