×
  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

$725,000

1661 W 11th Gary, IN  46404

  • 9,000 sq. Ft

Property Description for 1661 W 11th Gary, IN 46404

Historic Gary business for sale! Exciting opportunity to bring back the legendary red and white bags of Peerless Potato Chips to NWI residents longing for the return of the classic local brand for 3 years since the 89 year old family business closed operations in 2017.Own a lucrative company with a large existing customer base and the support of government programs designed to stimulate the Gary community and the Indiana economy. The Economic Development for a Growing Economy tax credit and the Next Level Jobs Employer Training Grant both apply and will ensure success! The facility and equipment are waiting to restore Peerless to its former glory days as the #1 potato chip of NWI. Though nonoperational for 3 years, the restart costs are minimal. Capitalize on the chance to regenerate and operate a thriving local business and bring new jobs and economic stability to the area! Own a piece of local history and restore a beloved brand to its original glory!

Address:1661 W 11th Gary IN 46404
Status:Active Undr Contract
on site: 0 mins
Price:$725,000
Bathrooms:0
Sq. Feet:9,000
Year Built:1956
Lot Size:0.32
County: Lake
MLS #:488149
Property Type:Other

Directions:Grant to w 11th ave.
Total Sq. Ft. :9,000

Loan Price
$4,084
Price And Interest $3,782/month
Property Tax $0/month
MTG INS $0/month
HOME INS $302/month
Price
$725,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,624 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

City:Gary
Subdivision: n/a
Zip Code:46404

Total Sq. Ft.:9,000
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Schools in 1661 W 11th Gary, IN  46404


Get more information

Listing provided courtesy of Audrey Lemmons with Blackrock Real Estate Services, LLC from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 02/05/2021 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



1661 W 11th Gary, IN  46404 Market Report

76
Avg. DOM
$85.55
Avg. $ / Sq.Ft.
$ 119,900
Med. List Price

The house prices in 1661 W 11th Gary IN 46404 are not dropping at the moment. There has been a increase in price of $54,363.09. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

There is no data available at this time for 1661 W 11th Gary IN 46404.

The most popular place to buy a home in 1661 W 11th Gary IN 46404 is null. null is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in 1661 W 11th Gary IN 46404 .

The average amount of property taxes you would have to pay for a home in 1661 W 11th Gary IN 46404 is $3,270.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in 1661 W 11th Gary IN 46404 are staying listed for an average of 33 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in 1661 W 11th Gary IN 46404 was 155 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in 1661 W 11th Gary IN 46404 is $448,500.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in 1661 W 11th Gary IN 46404 is $10,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in 1661 W 11th Gary IN 46404 in year 1900 and the newest built house is in year 2008.

The average size of properties in 1661 W 11th Gary IN 46404 is 1542.39 sq.ft. , the biggest one being 4748 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.