140 North West Street, Unit 7

Crown Point, IN 46307

$1,050,000
Price
Beds
1,962 Sq. Ft.
$535 / Sq. Ft.
1,962
Sq. Ft.
$535
per Sq. Ft.

Description

Presenting a lucrative investment opportunity in Crown Point, IN. This 3,612 SF, 7-unit property, renovated in 2022, offers a compelling prospect for multifamily/mid-rise investors. Situated just off Crown Point Square, it benefits from high visibility and significant foot traffic. With long-term tenants in place and the option for entity transfer at sale available, this fully-occupied property presents a secure and attractive investment. Its strategic location and established occupancy make it a...Presenting a lucrative investment opportunity in Crown Point, IN. This 3,612 SF, 7-unit property, renovated in 2022, offers a compelling prospect for multifamily/mid-rise investors. Situated just off Crown Point Square, it benefits from high visibility and significant foot traffic. With long-term tenants in place and the option for entity transfer at sale available, this fully-occupied property presents a secure and attractive investment. Its strategic location and established occupancy make it a valuable addition to any commercial real estate portfolio.
  1. Listed by Michael Becze • McColly Real Estate
    P: (219)-378-8308 C: (219)-378-8308 mbecze@gmail.com

Amenities

  • Air Conditioning
  • Carpet Floors
  • Common Laundry
  • Common Parking
  • Electricity Included
  • Forced Air
  • Gas Included
  • Parking Lot
LISTING UPDATED: 05/20/2024 12:11 PM

Property Details for 140 North West Street, Unit 7

StatusActive
MLS #803998
Days on Market188
Taxes$6,209 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1951
Lot Size0.13 AC / 5,662 SF
CountyLake County

Building Information for 140 North West Street, Unit 7

Stories2Residences7Year Built1951Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 140 North West Street, Unit 7

Summary
Location and General Information
  • Directions: From US 55, make a left on E Joliet St. Follow around square to head West on W 109th Ave then make right to head North on S West St. Property will be on the right.
  • Cross Street Address: W Robinson Ct
  • City/Town: Crown Point
  • State: IN
  • Township: Center
  • ZIP: 46307
  • Latitude: 41.42
  • Longitude: -87.37
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $6,208.54
  • APN/Key #: 45-16-08-131-002.000-042
  • Tax Year: 2023
  • Tax Legal Description: W2. OF N.27FT L.70 W2. OF S. 21 FT. OF L.71 ORIG. TOWN OF CROWN POINT
Parking
  • Garage Description: Common, Parking Lot
Property
Lot Information
  • Lot Square Footage: 5,662.80
  • Lot Dimensions: 48x118
  • Square Footage: 1962.0
  • Acres: .13
Property and Assessments
  • Property Type: Commercial Sale
  • Property Subtype 1: Multi Family
  • Year Built: 1951
  • Lot Description: City Lot, Paved
  • Road Access: City Street
  • Potential Use: Investment, Multi-Family
  • Current Use: Multi-Family
  • Frontage Type: Other
Utilities
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Electric: 200+ Amp Service
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Construction Materials: Brick
  • Foundation Details: Block
Interior Features
  • Appliances: Gas Range, Oven, Refrigerator
  • Basement: No
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Flooring: Carpet, Varies, Vinyl
  • Heat Type: Forced Air
  • Interior Features: Open Floorplan, Track Lighting
  • Roof: Flat
  • Stories: 2
Multi Family
Multi-Family Information
  • # of Units: 7
Rental
Rental Information
  • TenantPays: See Remarks

Property History for 140 North West Street, Unit 7

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 140 North West Street, Unit 7

This home is within Crown Point Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Timothy Ball Elementary School
PublicK to 5

Robert Taft Middle School
Public6 to 8

Crown Point High School
Public9 to 12

St. Mary Catholic Community School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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140 North West Street, Unit 7 is a multi-family home for sale in Crown Point, IN 46307. This property was listed for sale on May 10, 2024 by McColly Real Estate, it's currently listed at $1,050,000. This listing's school district is Crown Point Community Sch Corp. Nearby schools include Timothy Ball Elementary School, Robert Taft Middle School and Crown Point High School. 140 North West Street, Unit 7 is a 0-bed, 0-bath, 1,962 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McColly Real Estate

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.