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724 151st St 2,663 SF Retail Building East Chicago, IN 46312 $505,000 ($189.64/SF)
INVESTMENT HIGHLIGHTS
- Low Indiana Taxes
- Real Estate & Business Included
- 28+ Year Business
- Established Customer Base
EXECUTIVE SUMMARY
5-Bay auto repair building now available at the SIGNALIZED INTERSECTION of Indianapolis Blvd & 151st Street. The owner of 28+ years is selling real estate & business and currently has a 4.7-star rating on Google. Decades of customers! Excellent signage! Ridiculously low real estate taxes. The building was built in 1926 and has been improved since then...including the brick exterior (completed in 2019). In 2009, the seller added a 3-bay metal building that includes more storage. Some equipment not included. DO NOT TALK TO EMPLOYEES.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,663 SF
Building Class
C
Year Built/Renovated
1926/2019
Price
$505,000
Price Per SF
$189.64
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.17 AC
Opportunity Zone
Yes
Frontage
144’ on Indianapolis Blvd.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 45-03-32-204-031.000-024 | Improvements Assessment | $99,400 (2024) |
| Land Assessment | $30,600 (2024) | Total Assessment | $130,000 (2024) |
PROPERTY TAXES
Parcel Number
45-03-32-204-031.000-024
Land Assessment
$30,600 (2024)
Improvements Assessment
$99,400 (2024)
Total Assessment
$130,000 (2024)
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724 151st St
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