317-756-9895
2100 N Main St, Crown Point, IN for Sale
Apartments - FOR SALE
1/17
null | Request Cap Rate

2100 N Main St
Crown Point, IN 46307


HIGHLIGHTS

  • The Crown North Apartments offer an excellent unit-mix of one and two-bedroom units.
  • Located in a Chicago Submarket, a high-barrier Market for any new apartments.
  • The Crown Point population has grown by over 24% over the past 10 years.
  • There is rental upside by completing the property rehab opportunities.

OVERVIEW

Built in 1975, Crown North Apartments is a 53-unit multifamily property located at 2100 N Main Street, Crown Point, IN. The property encompasses 2.49± acres with three three-story buildings offering 50,675 rentable square feet. Crown North provides a nice unit mix consisting of one- and two-bedroom units with sizes ranging from 850 square feet to 1075 square feet. In addition to their large size, the units boast granite countertops, stainless steel appliances, patio/balcony, ceiling fans, and much more. Crown Point lies just 45 miles southeast of Chicago and 30 minutes south of Lake Michigan’s beaches. The community of 33,899 (2020 census) features a top-ranked school system, plenty of parks and greenways, and a historic downtown anchored by the former courthouse, which now houses a restaurant, museum, and more. Crown North is located in a peaceful setting close to Crown Point Square, I-65, the hospital, the YMCA, and many retail and dining establishments.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

53

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crown North Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

150

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,328 SF

ZONING

-

APN/PARCEL ID

45-12-32-202-006.000-029

ASK ABOUT THIS PROPERTY

Michael WernkeXMark MidwestMore Info
317-756-9895

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael WernkeXMark MidwestMore Info
317-756-9895

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.