8025 Wicker AveSaint John, IN 46373

Property Details for 8025 Wicker Ave

Year built

2008

Construction

WOOD

Lot size

3.12 AC

Property size (Sq ft)

15,330 SF

Property type

Office properties

APN

45-11-21-152-009.000-036

APU

451121152009000036

Description

This 1,200 square foot single-tenant office suite is located at 8025 Wicker Avenue, Suite G, in Schererville, Indiana (St. John mailing address). The space boasts two private offices, a conference room, an open work area, a break room, and a private bathroom. Previously occupied by Draper/Kramer Mortgage, this suite is part of a multi-tenant building in the Tri Town Commons area, alongside established businesses. The building enjoys high visibility along Indianapolis Boulevard, a major thoroughfare. Its strategic location is one block north of Lake Central High School (over 3,200 students), and offers convenient access to US-30, Indianapolis Boulevard, 93rd Avenue, and SR 231. The property is situated approximately 1.5 miles north of 93rd Avenue and 1.5 miles south of US Highway 30, and 3.5 miles east of the Indiana/Illinois state line. Nearby amenities include CVS, Zig E's Fun Land, McDonald's, Teibel's, Strack and Van Til, and White Castle. This property presents a fantastic opportunity for businesses seeking a well-located, functional office space in a thriving community. The suite is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $4,926,625

  6.5%

  $4,547,654

  7%

  $4,222,822

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,996,732

  Geo Method

  $1,996,732

• Alternative Use

  Use

  Valuation

  Residential

  $5,639,091

  Hospitality

  $5,165,377

  Educational

  $4,297,533

  Medical

  $4,445,332

  Retail

  $6,685,052

Location Insight

City

Saint John

County

Lake

State

Indiana

Latitude

41.4732

Longitude

-87.4684

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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