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9245 Calumet Ave
Munster, IN 46321

$2,499,000 USD

Office Residential For Sale • 39,263 SF

Property Details

Property Type Office Residential
Total Building Size 39,263 SF
Lot Size 2.18 AC
Building Class C
Year Built 1978
Tenancy Multiple
Zoning C

0 Transit Score

60 Walk Score

                
                    Highlights
                
                                Currently 65% leased to 22 tenants at $19.00/SF average
                            
                                Excellent value-add and upside potential leasing at $25/SF - Upper Level and $20/SF - Lower Level
                            
                                Potential Income - NOI: $567,287 | Cap Rate: 16.2% | Price: $7,000,000 ($183.21/RSF)
                            
                                Prime Calumet Avenue location
                            
                                Minutes from Powers and Franciscan Hospitals
                            
                                Transom windows throughout

Property Flyers

Marketing Brochure/Flyer

Amenities

Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
	6 min	-	2.6 mi
Hegewisch Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line))	16 min	-	8.3 mi
Airport	Drive	Walk	Distance
Chicago Midway International	42 min	-	27.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	110
Type:	Surface
Included in Rent:	Yes

David Lasser 219-795-1100 Commercial In-Sites LLC

9245 Calumet Ave Munster, IN 46321