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$1,800,000 Just Listed
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Property Description
All- Brick & Fully Occupied 12-Unit apartment building consisting of (10)-2bed/ 1-bath units and (2) 1-bed/ 1-bath units. 9 of the 12 apartments have been Updated/Remodeled in the last few years. New roof, gutters, windows have been installed since 2011. Each apartment is separately metered for NIPSCO/Water/Sewer. The apartments have wall air conditioners and baseboard heat. The Landlord pays common area utilities, snow, landscape & garbage. On-site laundry!
Full Property Details
Full Property Details for 1623 Portage Ave
General
- Price: $1,800,000
- Taxes: $31,326 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: GNIAR
- MLS ID: 836523
- Updated: Today (4/3/2026)
- Added to Site: Today
Location
- County: Porter
- Township: Westchester
- Subdivision: Chgo Porter Home Inv Co 2nd Add
- Driving Directions: From Old Porter Road (just past Melton Rd.) turn South on Mineral Springs Rd., take 2nd Left on Marquette Rd., turn Right onto S 23rd Street, Left to Porter Ave., Right onto S Jackson Blvd, and the first left on Portage Ave. to property.
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 10,500
- Year Built: 1966
Lot Features
- Lot Size (Acres): 0.574
- Lot Size (Sq. Ft.): 25,003
Financial Considerations
- Tax Amount: $31,326.48
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: CHGO PORTER HOME INV CO 2ND ADD LOTS 6-13 BLK 37
- Property ID: 640602260001000023
Listed by Rose Real Estate
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Schools
Schools serving 1623 Portage Ave
School District:Duneland School Corporation
| Name | Grades | Distance |
|---|---|---|
Bailly Elementary School 800 South 5th Street, Chesterton, IN 46304 | K-4 | 0.9 mi |
Chesterton Senior High School 2125 South 11th Street, Chesterton, IN 46304 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1623 Portage Ave
Date
Details
Price
Change
Source
4/03/2026
Listed
$1,800,000
16.13%
MLS
11/01/2022
Sold
$1,550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1623 Portage Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,829
—
$1,317,200
29%
2024
$22,829
266%
$1,020,000
279%
2023
$6,242
8%
$269,400
8%
2022
$5,791
8%
$249,100
8%
2021
$5,379
-3%
$231,500
-3%
2020
$5,548
—
$239,100
—
2019
$5,548
—
$239,100
—
2018
$5,548
-7%
$239,100
-7%
2017
$5,943
—
$256,900
7%
2017
$5,943
-2%
$240,400
3%
2016
$6,057
3%
$233,300
-6%
2015
$5,899
-23%
$247,200
-18%
2013
$7,641
—
$302,700
—
2012
$7,641
—
$302,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1623 Portage Ave
1623 Portage Avenue, Chesterton, IN 46304 (MLS# 836523) is a Commercial Multi-Family property. 1623 Portage Avenue is currently listed for $1,800,000 and was received on April 03, 2026. Want to learn more about 1623 Portage Avenue? Do you have questions about finding other Commercial Multi-Family real estate for sale in Chesterton? You can browse all Chesterton real estate or contact a Coldwell Banker agent to request more information.

