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$2,710,000
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Property Description
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.
Full Property Details
Full Property Details for 2001 Calumet Ave
General
- Sold For: $2,710,000
- Taxes: $600 (2025)
- Status: Closed
- Type: Commercial Multi-Family
- Source: GNIAR
- MLS ID: 827684
- Added to Site: 127 day(s) ago
Exterior
- Exterior Features: Balcony, Lighting
Parking
- Parking Features: Asphalt
Location
- County: Porter
- Township: Center
- Subdivision: Freunds 1st Add
- Driving Directions: From Calumet Ave and Glendale Blvd, go north on Calumet Ave. Property will be on the west side of the street.
School Information
- High School District: Valparaiso
Heating & Cooling
- Heating Type: Forced Air, Other
Structural Information
- Square Feet: 23,264
- Year Built: 1966
Lot Features
- Lot Size (Acres): 0.87
- Lot Size (Sq. Ft.): 37,897
Financial Considerations
- Tax Amount: $600
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: FREUNDS 1ST ADD TO ARTILLAS LOT 5 & N33 LOT 4
- Property ID: 640913277007000004
Listed by RE/MAX Lifestyles
Sold by Evolution Real Estate Solution
Get Pre-Approved Today
Schools
Schools serving 2001 Calumet Ave
School District:Valparaiso Community Schools
| Name | Grades | Distance |
|---|---|---|
Flint Lake Elementary School 4106 North Calumet Avenue, Valparaiso, IN 46383 | K-5 | 1.5 mi |
Thomas Jefferson Middle School, Valparaiso, IN 1600 Roosevelt Road, Valparaiso, IN 46383 | 6-8 | 0.4 mi |
Valparaiso High School 2727 Campbell Street, Valparaiso, IN 46385 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2001 Calumet Ave
Date
Details
Price
Change
Source
11/10/2025
Sold
$2,710,000
-0.55%
MLS
9/12/2025
Listed
$2,725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2001 Calumet Avenue, Valparaiso, IN 46383 (MLS# 827684) is a Commercial Multi-Family property that was sold at $2,710,000 on November 10, 2025. Want to learn more about 2001 Calumet Avenue? Do you have questions about finding other Commercial Multi-Family real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

