182 W North Street Crown Point, IN $ 1,050,000
182 W North Street
$ 1,050,000
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182 W North Street

Crown Point, IN, 46307
$ 1,050,000
Bedrooms-- Baths-- Sq 7,647

Monthly Estimate*

$ 6,465

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Commercial Property for sale in Crown Point, IN

for $1,050,000. This 7,647 square foot building was built in 1953 on a lot size of 0.25.

Ellsbury Group is pleased to present this well maintained Class A, 7-unit multifamily asset, ideally located within walking distance to the highly desirable downtown Crown Point Square. The property features a unit mix of two two-bedroom units, four one-bedroom units, and one studio. It has been meticulously cared for, including a brand-new roof installed this year, along with prior exterior upgrades such as updated windows, siding, and gutters. Additionally, most units have been recently renovated, offering modern interiors that appeal to today's renters. The asset provides strong day-one rents and immediate cash flow, with a clear opportunity to further increase rental income through mark-to-market adjustments and continued rent growth in one of Northwest Indiana's most supply-constrained and sought-after rental markets.

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Commercial Active

Price

$ 1,050,000

Property Type

Commercial

Taxes

$ 16,688

Style

Multi Family

Lot Size

0.25

Year Built

1953

Town/City

Crown Point

County/Region

Lake

MLS | Web ID

836808

Features
Interior
Interior Amenities None
Laundry Features Laundry Room
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General
Sewer Public Sewer
Heating Hot Water
Utilities Electricity Available Water Connected Water Available Sewer Connected Sewer Available Natural Gas Connected Natural Gas Available Electricity Connected
Appliances Electric Range Water Heater Refrigerator Gas Range
Year Built 1953
Electric 200+ Amp Service
View City
Township Center
Property Subtype Multi Family
Tax Year 2024
Gross Income 105915
County Lake
Net Operating Income 57121
Insurance Expense 3284
Property Type Commercial Sale
MaintenanceExpense 6000
Building Features Multi Tenant
Status Active
Directions Go south on Main St from route 30. Take a right on W North St. Building is on your right
City Crown Point
High School District Crown Point
Zoning Description Residential
Lot Size Square Feet 10890
Listing Terms Cash Conventional
Tax Annual Amount 16688
Electric Expense 13164
Trash Expense 900
Standard Status Active
Legal Description W.140FT OF S.80FT. OF SE. SW. S.5 T.34 R.8 SUBJ TO STREETS 0.25 AC
Assoc/CIC None
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Exterior
Exterior Amenities None
Parking Features Off Street
Lot Features Paved Private
Water Source Public
Total Parking 11
Lot Size Acres 0.25
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Xever Lemieux

Listing Agent

Ellsbury Group

Broker

Xever@ellsburygroup.com

Email

Affordability Calculator

$7,856
Per Month
82%
18%
0%
Monthly Principal & Interest
$6,465
Monthly Property Taxes
$1,391
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4001638 Elementary School
4001598 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2026$1,050,000 Listed Price

Map


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182 W North Street, Crown Point, IN, 46307 is a Commercial Property for sale at $1,050,000 with 7,647 sqft and a lot size of 0.25. 182 W North Street was built in 1953. The property's zip code is 46307 which is in Crown Point, IN