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Listing provided courtesy of New Chapter Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 840836MLS Provider

1491 Service StreetLake Station, IN 46405

Commercial · 3,024 Sq. ft. | 0.46 Acres
$187,500 Active

1491 Service Street Overview

Time on Site:
12 days
Visits:
0

Great Investment property on almost .5 acres of land. 3-Units; 1st flr-3beds/1 bath; 2nd flr-2 beds/1 bath; & basement/garden unit 2 beds/1 bath. Property also has a 2 car garage. Where the property is located gives you a secluded feel. Great for just a rental or for someone who would love to live on the property & have rental income too! Property sold AS-IS!

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1491 Service Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,024
  • Price/Sq.ft. $62
  • Lot 0.46 Acres

Details

General

Building Information

  • Year Built: 1950

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Robert Bartletts East Gary Small
  • Township: Hobart

Tax Information

  • Tax Annual Amount: 1913
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 450918406006000021
  • Property Sub Type: Multi Family
  • Property Type: Commercial Sale
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Appliances: None
  • Building Features: Multi Tenant
  • Electric: Other
  • Heating: Natural Gas
  • Living Area: 3024

Exterior

Parking Information

  • Parking Features: Detached,Gravel
  • Parking Total: 2

Lot Information

  • Lot Features: Back Yard,Front Yard
  • Lot Size Acres: 0.459
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 19994
  • Water Source: Public

Waterfront/View

  • View: Neighborhood
  • Waterfront: false

General Information

  • Exterior Features: Other,Private Yard
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Available,Natural Gas Connected

1491 Service Street Neighborhood

Community

46405 (Lake Station) Demographics

37
Median Age
1,191
Population Density (per sq. mile)
14%
College Educated
$46,824
Estimated Median Income
2,591
Estimated Total Home Owners
1,183
Estimated Total Renters
69% / 31%
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.

1491 Service Street Monthly Cost

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$ %
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$
$
Jeremy Woods
* 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.

1491 Service Street Market Data

Based on the last 30 days in this zip code

$204,940
Average List Price
$139
Average Price per Square Foot
7
Properties Sold
68
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

1491 Service Street History

Date Event Value Agent
6/17/2026Source: Northwest Indiana MLS Added to Database
June 17, 2026