For Sale
$750,000

810 Chicago Ave East Chicago, IN 46312

9,555 SF medical office, vacant, prime location.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This 9,555-square-foot ambulatory surgery center presents a unique investment opportunity in East Chicago, Indiana. Located at 810 W Chicago Ave, this Class B, single-story building sits on a 0.14-acre lot and boasts a desirable location with high visibility. Built in 1922 and extensively renovated in 2006 and 2017 (with a new roof in 2024), the property features two operating rooms, a six-bed recovery area with a nurse's station, exam rooms, a lab, physician's offices, and locker rooms. The building includes a backup generator and a sprinkler system, and is plumbed for medical gas. Some existing equipment is available as-is. The property enjoys excellent access, situated along W Chicago Ave (13,613 vehicles per day) between two signalized intersections, two miles from I-90 (28,543 vehicles per day), and within 500 feet of a public transit stop. Its proximity to St. Catherine Hospital (a 225-bed facility) and other ambulatory surgery centers within a ten-mile radius makes this an ideal location for medical practices. The property is offered at $750,000, representing a price per square foot of $78.49. The East Chicago location benefits from a revitalized downtown area and is part of the Chicago, IL MSA, offering access to a large population base and a favorable business environment. The property is currently vacant, presenting a chance for immediate occupancy or a value-add investment. The permitted zoning is commercial, and the property is offered fee simple.

Highlights

  • 9,555 SF ambulatory surgery center; two operating rooms; six-bed recovery area; exam rooms; lab; physician's offices; locker rooms; backup generator; sprinkler system; new roof (2024); plumbed for medical gas; some equipment available as-is.
  • High-traffic location on W Chicago Ave (13,613 VPD), near two signalized intersections, two miles from I-90 (28,543 VPD), and 500 feet from a GPRT R1 bus stop. Twenty miles from downtown Chicago.
  • Two miles from St. Catherine Hospital (225 beds), part of Northwest Indiana's largest integrated healthcare system. Nine ambulatory surgery centers within ten miles.
  • Located in the Chicago, IL MSA (9,449,351 population), Indiana submarket with 179,369 population and $61,074 average household income (5-mile radius).
  • Situated in East Chicago's revitalized downtown, including a redeveloped harbor, lakefront, and marina, with ongoing infrastructure and sustainability improvements.
  • Benefits from proximity to the Chicago metro area and Indiana's favorable business environment; Indiana is ranked the top Midwestern state and sixth-best state for business nationally.

Property Details for 810 Chicago Ave

Property type
Office properties, Medical offices
Square Feet
9,555 SF
Class
B
Year Built/Renovated
1922/2006
Buildings
1
Stories
1
Lot Size (sq. ft)
6,098 SF

Location Insight

City
East Chicago
County
Lake
State
Indiana
Latitude
41.629144793895
Longitude
-87.481565191041

FAQs

What type of property is this?
Office property - 9,555 SF medical office, vacant, prime location.
Where is the office property located?
The property is located at 810 Chicago Ave East Chicago, IN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 9,555 SF ambulatory surgery center; two operating rooms; six-bed recovery area; exam rooms; lab; physician's offices; locker rooms; backup generator; sprinkler system; new roof (2024); plumbed for medical gas; some equipment available as-is.; High-traffic location on W Chicago Ave (13,613 VPD), near two signalized intersections, two miles from I-90 (28,543 VPD), and 500 feet from a GPRT R1 bus stop. Twenty miles from downtown Chicago.; Two miles from St. Catherine Hospital (225 beds), part of Northwest Indiana's largest integrated healthcare system. Nine ambulatory surgery centers within ten miles.
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810 Chicago Ave
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