Homes for sale - 10685 Randolph Street, Crown Point, IN 46307

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Joanna Lewkowicz

joanna@boutiquehomerealty.com +1(708) 226-4848

$1,755,000

Est. payment - /mo

4,505 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,505 sqft

Price per Sqft $389

Subdivision Town Center

MLS Listing ID 823611

Year Built 2003

Annual Tax Amount $20,998

Tax Year 2024

Lot Size 1.080 Acres

Property Sub-Type Retail

Property Description

Turn-Key Restaurant Investment Offering10685 Randolph St. | 4,505 SF | Doubletree Plaza | Crown Point, IN 46307A stabilized, income-producing restaurant property located in Doubletree Plaza--one of Winfield's most active commercial corridors. The 4,505 SF building is leased to a long-standing restaurant operator and includes a liquor license, offering long-term value and stable returns.The property features recent upgrades including a new patio, roof, windows, and doors, along with a large on-site shed for additional storage or operational use. With minimal landlord responsibilities and a NN lease, this asset delivers reliable in-place income and future upside.Lease & Financial Overview:See attached marketing materials under documents for more info.Market Highlights:The Crown Point/Winfield area has seen rapid growth fueled by strong residential development, a pro-business climate, and its proximity to Chicago. Thousands of new homes have been built within a 3-mile radius, and both towns continue to attract new commercial activity. Winfield ranks among Indiana's fastest-growing towns, and Crown Point has experienced a significant population increase in the last decade. Demand for quality retail and restaurant space continues to rise, supporting long-term appreciation.Tenant Strength:The current tenant is an established local operator with a strong following and proven track record. Their continued investment in the space and long-standing presence in the community adds a layer of stability and reliability to the income stream.Contact broker for a showing.

Location

State IN

County Lake

Zoning Commercial

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Refrigerator, Water Heater

Exterior

Exterior Feature Other

Utilities Available Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Roof Type Other

Building

Lot Description Landscaped

Story 1

Structure Type Brick

Schools

School District Crown Point

Others

Acceptable Financing Cash, Other, Conventional, Contract

Listing Terms Cash, Other, Conventional, Contract

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Listed by McColly Real Estate

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Joanna Lewkowicz

Designated Managing Broker | Owner | 471.018027 471018027

+1(708) 226-4848 | joanna@boutiquehomerealty.com

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10685 Randolph Street Crown Point, IN 46307

Joanna Lewkowicz

Key Details

Location

Interior

Exterior

Building

Schools

Others

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10685 Randolph Street