1948 Indianapolis Boulevard Whiting, IN $ 500,000
1948 Indianapolis Boulevard
$ 500,000
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1948 Indianapolis Boulevard

Whiting, IN, 46394
$ 500,000
Bedrooms-- Baths-- Sq 6,012

Monthly Estimate*

$ 3,119

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Commercial Property for sale in Whiting, IN

for $500,000. This 6,012 square foot building was built in 1927 on a lot size of 0.1435.

Welcome to 1948 Indianapolis Blvd, a prime multi-unit mixed-use property perfectly positioned in one of Northwest Indiana's most vibrant communities which sits on a double lot --just 45 minutes from Downtown Chicago! This solid brick building features retail space on the main level, three spacious units, including nine bedrooms and three bathrooms across the residential units--offering endless income potential. Whether you're an investor looking for strong rental returns or an entrepreneur seeking a live/work setup, this property checks all the boxes. Each unit is occupied with long-term, very dependable tenants and each unit is in great condition. Excellent investment or owner-occupant opportunity. Located along well traveled Indianapolis Blvd, this high-visibility location provides steady foot and vehicle traffic, ideal for retail, dining, or service businesses. Plus, it's just steps from Whiting's charming downtown, parks, restaurants, Lake Michigan's scenic shoreline and walking distance to the annual Summer Pierogi Fest! Only 45 minutes to Chicago--easy reverse commute to work or a weekend getaway. Don't miss this rare opportunity to own a versatile income-producing property in a growing community with small-town charm and city convenience! This Multi-unit + Retail is in a prime location with endless income potential.

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Commercial Active

Price

$ 500,000

Property Type

Commercial

Taxes

$ 4,569

Style

Mixed Use

Lot Size

0.1435

Year Built

1927

Town/City

Whiting

County/Region

Lake

MLS | Web ID

829850

Features
Interior
Interior Amenities None
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General
Sewer Public Sewer
Heating Natural Gas
Utilities Cable Connected Sewer Connected Water Connected Natural Gas Connected Electricity Connected
Appliances None
Year Built 1927
Electric 200+ Amp Service
Township North
Property Subtype Mixed Use
Tax Year 2024
County Lake
Property Type Commercial Sale
Building Features Balcony Multi Tenant Mixed Use Enclosed Stair(s)
Status Active
Directions 80/94 to Indianapolis Blvd North on Indianapolis Blvd until you get into Whiting property will be on your right.
City Whiting
Lot Size Square Feet 6250
Listing Terms Cash Conventional
Tax Annual Amount 4569
Standard Status Active
Legal Description Davidson's Blvd. Add BL.2 lots 24 & 25
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Exterior
Exterior Amenities Balcony Private Yard Rain Gutters
Parking Features Alley Access Off Street On Street Gravel Driveway
Lot Features Back Yard Paved Rectangular Lot Landscaped
Water Source Public
Total Parking 8
Lot Size Acres 0.1435
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Nicholas Smith

Listing Agent

Coldwell Banker Realty

Broker

ndsmith38@hotmail.com

Email

Affordability Calculator

$3,500
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,119
Monthly Property Taxes
$381
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$500,000 Listed Price

Map


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1948 Indianapolis Boulevard, Whiting, IN, 46394 is a Commercial Property for sale at $500,000 with 6,012 sqft and a lot size of 0.1435. 1948 Indianapolis Boulevard was built in 1927. The property's zip code is 46394 which is in Whiting, IN