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Listing provided courtesy of JK Pro Realty, LLCNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 816865MLS Provider

1019 E Summit StreetCrown Point, IN 46307

Commercial · 45,966 Sq. ft. | 2.50 Acres
$3,900,000 Active

1019 E Summit Street Overview

Time on Site:
483 days
Visits:
6

MAJOR PRICE REDUCTION! Just under 46,000 square feet of industrial warehouse space for sale on 2.5 acres near I-65 in prime, highly desired and central Crown Point location. Zoned I-1 (industrial) and can be suitable for a variety of users/uses. Main building features: 39,723 sq ft, with multiple cranes from traveling bridge cranes to jib cranes ranging from 1/2 ton all the way to 10 tons, heated warehouse, multiple overhead doors/drive-in bays, Electric: 800A,240/480v,3 phase, high ceiling heights 16 feet on the sides and 25 feet in the middle, fully finished offices w/forced air heat and air conditioning, employee kitchen area, locker rooms, break rooms, bathrooms and more. Rear building: 6,242 sq ft. Rear building built in: 1989, clear ceiling height 16 feet. Parcel # 45-16-04-301-006.000-042 is also included in the sale. Please see the attached documents showing more detailed information on the cranes and also a list of personal property being offered for sale.

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1019 E Summit Street Facts & Features

  • Type Commercial
  • Sq. ft. 45,966
  • Price/Sq.ft. $85
  • Lot 2.50 Acres

Details

General

School Information

  • School District: Crown Point

Income/Expenses

  • Cable TV Expense: 0
  • Other Expense: 0
  • Electric Expense: 9486
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 7000
  • Maintenance Expense: 0
  • Net Operating Income: 55632
  • New Taxes Expense: 39554
  • Trash Expense: 2300

Building Information

  • Year Built: 1970
  • Year Built Details: Building #1/Front Building: Built in 1970 Building #2/Rear Building: Built in 1989

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: none
  • Township: Center

Tax Information

  • Tax Annual Amount: 38804.3
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 451604301012000041
  • Property Sub Type: Industrial
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Appliances: None
  • Basement: false
  • Building Features: Cranes,Commercial Park Location,Industrial Park Location,Office Park Location,Business District Location,Common Dock(s),Enclosed Dock(s),Docks Community,Exposed Under Roof Ceiling(s),Exterior Lighting,Shower/Locker Room,Public Restrooms,Private Restrooms,Meeting Room,Janitorial Services,Lunch Room
  • Electric: 200+ Amp Service,Circuit Breakers
  • Heating: Forced Air,Natural Gas
  • Interior Features: Ceiling Fan(s),High Ceilings,Eat-in Kitchen,Entrance Foyer
  • Living Area: 45966
  • Security Features: Fire Alarm,Security System,Security Lights

Exterior

Parking Information

  • Parking Features: Garage Door Opener,Oversized,Gravel,Asphalt,Additional Parking,Paved,Off Street
  • Parking Total: 30

Lot Information

  • Additional Parcels: true
  • Frontage Length: 140
  • Lot Features: Paved,Rectangular Lot,Private,Near Public Transit
  • Lot Size Acres: 2.5
  • Lot Size Dimensions: 140 x 778
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 108900
  • Water Source: Public

Waterfront/View

  • View: City
  • Waterfront: false

Building Exterior/Construction

  • Property Attached: false

General Information

  • Exterior Features: Lighting,Storage,Private Yard
  • Sewer: Public Sewer
  • Utilities: Cable Available,Water Connected,Sewer Connected,Natural Gas Connected,Electricity Connected

1019 E Summit Street Neighborhood

Community

46307 (Crown Point) Demographics

40
Median Age
725
Population Density (per sq. mile)
38%
College Educated
$87,543
Estimated Median Income
20,128
Estimated Total Home Owners
2,839
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1019 E Summit Street Monthly Cost

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$ %
%
$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1019 E Summit Street Market Data

Based on the last 30 days in this zip code

$476,841
Average List Price
$190
Average Price per Square Foot
123
Properties Sold
61
Average Days on Market
499
Properties for Sale
Calculations provided by Reliance Network

1019 E Summit Street History

Date Event Value Agent
8/27/2025Source: Northwest Indiana MLS Price Reduction
$3,900,000 -22.0%
5/14/2025Source: Northwest Indiana MLS Price Reduction
$5,000,000 -28.6%
3/4/2025Source: Northwest Indiana MLS Added to Database
March 04, 2025