About 2001 Calumet Avenue
SOLD BEFORE PRINT! Opportunity knocks with a substantial residential income investment property on the north side of Valparaiso. A 19,932 SF mix of eighteen 1 bedroom apartments , ten 2 bedroom apartments and about 3300 square feet of commercial space plus ample basement storage, this building brings income potential. Property will be delivered mostly vacant with just a few remaining tenants. Located on Calumet just north of Glendale, near new attached patio homes, Walgreens Pharmacy, and other national and regional chains, and on the V Line bus line with a stop on location, this building is unique. Proforma returns at conservative market value rents forecast approximately an 8 CAP at asking price. 48 hour notice will be required for all showings -- select vacant units only, plus commercial space and storage.
Features of 2001 Calumet Avenue
| MLS® # | 827684 |
|---|---|
| Price | $2,725,000 |
| Bathrooms | 0.00 |
| Square Footage | 23,264 |
| Acres | 0.87 |
| Year Built | 1966 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Pending |
Community Information
| Address | 2001 Calumet Avenue |
|---|---|
| Subdivision | Freunds 1st Add |
| City | Valparaiso |
| County | Porter |
| State | IN |
| Zip Code | 46383 |
Amenities
| Utilities | Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected |
|---|---|
| Parking Spaces | 43 |
| Parking | Asphalt |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Other |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Other |
Exterior
| Exterior Features | Balcony, Lighting |
|---|
School Information
| District | Valparaiso |
|---|---|
| High | Valparaiso High School |
Additional Information
| Date Listed | September 10th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Matt Evans |
|---|---|
| Office | RE/MAX Lifestyles |