401 E Chicago Avenue

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401 E Chicago Avenue

East Chicago, IN 46312
Asking Price
Contact for price
Asset Type
Storefront Mixed-use
Class
Class B

AI Property Summary

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

  • Located at 401 E Chicago Avenue in East Chicago, Indiana.
  • The property is categorized as a mixed-use storefront asset.
  • Strategic position within the Northwest Indiana business market.
  • Versatile configuration suitable for diverse commercial or retail applications.
  • Located near primary regional transit and industrial infrastructure networks.

What's Special

401 E Chicago Avenue is a mixed-use asset situated in the heart of East Chicago, Indiana. This storefront property presents an functional space for investors or business owners looking to establish a footprint in a market connected to the broader Chicago metropolitan region. The building serves as a versatile anchor for local commerce, positioned to benefit from regional industrial and residential growth patterns. East Chicago provides proximity to major transportation corridors, facilitating logistical efficiency and access to a diverse regional labor pool. Prospective buyers will find this storefront layout adaptable for various commercial or retail uses. Its position within a established urban corridor allows for potential integration into existing local trade networks. Whether serving community-based retail needs or functioning as office space, the property offers a practical solution for stakeholders seeking exposure to the Northwest Indiana business environment. Investors should evaluate the site's potential based on current regional development trends and the physical configuration of the premises.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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