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1212 172nd St
Hammond, IN 46324
Tribologik Labs · Specialty Property For Sale
·
8,568 SF
Investment Highlights
- The property generates a net operating income (NOI) of $138,802, with a competitive cap rate of 9.00%, making it a strong cash-flowing asset
- Offers access to Chicago metropolitan market without the challenges associated with Illinois' high property taxes and regulatory environment
- Leased on NNN basis with solid tenant in the Industrial Lab industry, representing a secure investment with low landlord responsibilities
- Located in the Chicago metro area, which is known for its large, diverse employment base and strong demand for industrial facilities
Property Facts
| Property Type | Specialty | Building Size | 8,568 SF |
| Property Subtype | Public Library | No. Stories | 1 |
| Building Class | B | Year Built | 1986 |
| Lot Size | 1.51 AC | Parking Ratio | 4.67/1,000 SF |
| Zoning | Commercial - Commercial | ||
| Property Type | Specialty |
| Property Subtype | Public Library |
| Building Class | B |
| Lot Size | 1.51 AC |
| Building Size | 8,568 SF |
| No. Stories | 1 |
| Year Built | 1986 |
| Parking Ratio | 4.67/1,000 SF |
| Zoning | Commercial - Commercial |
Property Taxes
| Parcel Number | 45-07-07-454-018.000-023 | Improvements Assessment | $235,000 |
| Land Assessment | $85,200 | Total Assessment | $320,200 |
Property Taxes
Parcel Number
45-07-07-454-018.000-023
Land Assessment
$85,200
Improvements Assessment
$235,000
Total Assessment
$320,200
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