5512 MainLowell, IN 46356

Property Details for 5512 Main

Year built

1945

Construction

WOOD

Lot size

0.47 AC

Property size (Sq ft)

3,975 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

45-19-12-256-003.000-007

APU

451912256003000007

PT Realty Valuation

• Cap approach

  6%

  $1,877,854

  6.5%

  $1,733,404

  7%

  $1,609,589

• Alternative use approach

  Residential

  $1,462,191

  Hospitality

  $1,339,359

  Educational

  $1,114,331

  Medical

  $1,152,654

  Retail

  $1,733,404

• Comp approach

  Method 1

  $1,304,714

  Method 2

  $1,304,714

Location Insight

City

Lowell

County

Lake

State

Indiana

Latitude

41.3274

Longitude

-87.401

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $129,700
• Assessed land value
  $56,500
• Assessed value
  $186,200
• Tax year
  2022
• Tax bill
  $3,039

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