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

1948 Indianapolis Boulevard

Whiting, IN, 46394
$ 500,000
Bedrooms-- Baths-- Sq 3,469

Monthly Estimate*

$ 3,119

1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 1
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 2
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 3
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 4
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 5
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 6
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 7
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 8
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 9
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 10
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 11
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 12
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 13
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 14
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 15
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 16
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 17
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 18
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 19
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 20
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 21
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 22
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 23
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 24
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 25
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 26
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 27
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 28
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 29
1948 Indianapolis Boulevard, Whiting, IN 46394 - Image 30

Commercial Property for sale in Whiting, IN

for $500,000. This 3,469 square foot building was built in 1927 on a lot size of 0.14348.

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.

See more

Commercial Active

Price

$ 500,000

Property Type

Commercial

Taxes

$ 4,569

Style

Lot Size

0.14348

Year Built

1927

Town/City

Whiting

County/Region

Lake

MLS | Web ID

12511638

Features
General
Cooling Window Unit(s)
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1927
Electric Separate Meters
Tenant Pays Electricity Heat
Stories Count 2
Township North
Property Subtype Mixed Use
Tax Year 2024
Gross Income 34200
County Lake
Net Operating Income 25551
Operating Expense 8649
Insurance Expense 2400
Property Type Commercial Sale Mixed Use
Status Active
Directions Chicago Skyway to Indiana Toll Road; Exit onto Indianapolis Blvd; Property will be on your left.
City Whiting
Number Of Units Total 4
MLS Area Indiana - Whiting
Lot Size Square Feet 6250
Tax Annual Amount 4569
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 1680
Additional Parcels Y/N N
Standard Status Active
See more
Interior
Flooring Carpet Tile Vinyl Wood
See more
Exterior
Foundation Details Concrete Perimeter
Building Area Total 3469
Lot Dimensions 50 x 125
See more
* Excluded Features
List By
Coldwell Banker Realty

Broker

nicholas.smithrealtygroup@gmail.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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2025$500,000 Listed Price

Map


See all

1948 Indianapolis Boulevard, Whiting, IN, 46394 is a Commercial Property for sale at $500,000 with 3,469 sqft and a lot size of 0.14348. 1948 Indianapolis Boulevard was built in 1927. The property's zip code is 46394 which is in Whiting, IN