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1923 Clark St 1923 Clark St 19 Unit Apartment Building $2,636,060 CAD ($138,740 CAD/Unit) 6.36% Cap Rate Whiting, IN 46394

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INVESTMENT HIGHLIGHTS

  • Desirable Commuter Location
  • Proximity to Area Amenities
  • Stable Employment Market
  • Urban-Infill Residential Neighborhood
  • Value-Add Potential
  • Large Student Population

EXECUTIVE SUMMARY

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 1923 Clark Street in Whiting, Indiana (the “Property”). The Property contains a total of nineteen (19) units comprised of thirteen (13) 1-Bedroom/1-Bathroom units, one (1), 2-Bedroom/1-Bathroom unit, and five (5) Studio units with 16,000 square feet of living area in 19,000 square feet total gross area on a 0.15-acre corner parcel of land. The Property is located along Clark Street and is seconds from Calumet Avenue (US Highway 41) and Indianapolis Boulevard (US Highway 20) on the north end of a densely populated residential neighborhood. The Property enjoys convenient access to the area’s major highway (Interstate 90 and US Highways 41 and 20) and enjoys close proximity to the Hammond- Whiting Station for quick, direct access to Chicago and the surrounding areas. 1923 Clark Street also provides access to large areas of employment and several national retailers including Walmart Supercenter and Strack & Van Til (the area’s primary grocery stores).

PROPERTY FACTS

Price $2,636,060 CAD
Price Per Unit $138,740 CAD
Sale Type Investment
Cap Rate 6.36%
No. Units 19
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 19,000 SF
Average Occupancy 100%
No. Stories 3
Year Built 1930

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 5 - -
1+1 13 - -
2+1 1 - -
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-03-07-259-009.000-025
Land Assessment
$37,351 CAD
Improvements Assessment
$1,943,928 CAD
Total Assessment
$1,981,279 CAD
  • Listing ID: 37767153

  • Date on Market: 2025-09-22

  • Last Updated:

  • Address: 1923 Clark St, Whiting, IN 46394

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