416 CommercialLowell, IN 46356

  • Residential income properties
  • 6,256 SF
For Lease
$14/SF/YR View listing

Property Details for 416 Commercial

Year built
1896
Construction
WOOD
Lot size
0.13 AC
Property size (Sq ft)
6,256 SF
Property type
Residential income properties
Property subtype
Residential income homes
APN
45-19-23-456-006.000-008
APU
451923456006000008
416 Commercial, Lowell, Indiana

PT Realty Valuation

  • Cap approach

    6%
    $2,493,020
    6.5%
    $2,301,249
    7%
    $2,136,874
  • Alternative use approach

    Residential
    $2,301,249
    Hospitality
    $2,107,932
    Educational
    $1,753,775
    Medical
    $1,814,090
    Retail
    $2,728,094
  • Comp approach

    Method 1
    $1,263,008
    Method 2
    $1,263,008

Location Insight

City
Lowell
County
Lake
State
Indiana
Latitude
41.2912
Longitude
-87.4199
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $155,400
  • Assessed land value
    $33,300
  • Assessed value
    $188,700
  • Tax year
    2022
  • Tax bill
    $3,845

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