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1257 Arbogast St 27.72 Acres of Commercial Land Offered at $990,000 in Griffith, IN 46319
Investment Highlights
- 3 blocks North of East Ridge Rd.
- 30 minute drive to Chicago
- 1 mile East of Cline Avenue
- 2 miles southeast of 80/94 interchange
Executive Summary
Located near Little Calumet River. On south side of I-94. 3 blocks North of East Ridge Rd., 1 mile East of Cline Avenue, 2 miles southeast of 80/94 interchange. 30 minute drive to Chicago. Located near Pepe's Mexican Restaurant, Culvers, Popeyes, Menards, Jiffy Lube, AutoZone and Griffith BMV.
Financial Summary (Actual - 2022) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$5,225
|
$188.49
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,225
|
$188.49
|
Financial Summary (Actual - 2022)
| Taxes | |
|---|---|
| Annual | $5,225 |
| Annual Per AC | $188.49 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $5,225 |
| Annual Per AC | $188.49 |
Property Facts
| Price | $990,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 27.72 AC |
| Property Type | Land | ||
| Zoning | R-2 - Single-family residential zoning district | ||
| Price | $990,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 27.72 AC |
| Zoning | R-2 - Single-family residential zoning district |
1 Lot Available
Lot
| Price | $990,000 | Lot Size | 27.72 AC |
| Price Per AC | $35,714.29 |
| Price | $990,000 |
| Price Per AC | $35,714.29 |
| Lot Size | 27.72 AC |
Description
Land available suited for a variety of uses. 1,279' of frontage on Arbogast and 884' of frontage on 35th Street. 2024 pay 2025 taxes for all five parcels $9,000.66.
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Property Taxes
| Parcel Numbers | Total Assessment | $324,800 (2025) | |
| Land Assessment | $324,800 (2025) | Annual Taxes | $5,225 |
| Improvements Assessment | $0 (2025) | Tax Year | 2022 Payable 2022 |
Property Taxes
Parcel Numbers
Land Assessment
$324,800 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$324,800 (2025)
Annual Taxes
$5,225
Tax Year
2022 Payable 2022
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1257 Arbogast St
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