317-756-9895
2100 N Main St, Crown Point, IN for Sale
Apartments - FOR SALE
1/17
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2100 N Main St
Crown Point, IN 46307


HIGHLIGHTS

  • Excellent Unit Mix
  • Located in a Chicago Submarket
  • Crown Point Population has Grown by Over 24% Over the Past 10 Years
  • High Barrier Market for Any New Apartments
  • Rent Upside by Completing the Property Rehab

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 the units large size, they 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, 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, YMCA and many retail and dining establishments.

FOR SALE DETAILS

PRICE

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# OF UNITS

53

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael WernkeXMark MidwestMore Info
317-756-9895

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Michael WernkeXMark MidwestMore Info
317-756-9895

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