2001 Calumet Avenue

SOLD BEFORE PRINT! Opportunity knocks with a substantial residential income investment property on the north side of Valparaiso. A 19,932 SF mix of eighteen 1 bedroom apartments , ten 2 bedroom apartments and about 3300 square feet of commercial space plus ample basement storage, this building brings income potential. Property will be delivered mostly vacant with just a few remaining tenants. Located on Calumet just north of Glendale, near new attached patio homes, Walgreens Pharmacy, and other national and regional chains, and on the V Line bus line with a stop on location, this building is unique. Proforma returns at conservative market value rents forecast approximately an 8 CAP at asking price. 48 hour notice will be required for all showings -- select vacant units only, plus commercial space and storage.