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Listing provided courtesy of Wirtz Real Estate Group Inc.MREDas Distributed by MLSGrid- MLS# 12196738MLS Provider

1326 119th StreetWhiting, IN 46394

Commercial · 23,390 Sq. ft.
$1,099,999 Active

1326 119th Street Overview

Time on Site:
612 days
Visits:
3

Discover a prime investment opportunity in the heart of Whiting! This well-established sit-down restaurant boasts a spacious layout designed for both dining and private events. Featuring a dedicated party room perfect for gatherings, celebrations, and corporate events, this venue offers versatile options for any occasion. The restaurant's expansive bar area is ideal for socializing and enjoying a variety of drinks, making it a popular destination for locals and visitors alike. With a convenient carryout window, you can effortlessly serve takeout orders, further increasing your customer base. Step into the impressive kitchen, outfitted with top-of-the-line appliances and ample space for your culinary creations. Multiple storage coolers ensure you have all the room needed to keep your ingredients fresh and ready for service. Upstairs, the open canvas room presents an exciting opportunity for conversion into several different opportunities. One idea of this room is to turn it into a speak easy, adding a unique allure to your business. Additionally, the upper level includes three offices, a conference room, and a full bathroom, providing a perfect setup for management and staff. This property is not just a restaurant; it's a comprehensive business opportunity ready for you to take to the next level. Don't miss out on the chance to own a piece of Whiting's vibrant dining scene! Contact us today to schedule a showing.

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1326 119th Street Facts & Features

  • Type Commercial
  • Sq. ft. 23,390
  • Price/Sq.ft. $47

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Net Operating Income: 0

Building Information

  • Year Built: 1923

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Indiana - Whiting

Tax Information

  • Tax Annual Amount: $14,877.00
  • Tax Year: 2022

General Information

  • Parcel Number: 450307257002000025
  • Property Sub Type: Restaurant
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 23390

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 23390
  • Stories: 2

Unit Information

  • Unit SqFt.: 23390

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 76X120
  • Lot Size Square Feet: 9104

Building Exterior/Construction

  • Construction Materials: Brick

1326 119th Street Neighborhood

Community

46394 (WHITING) Demographics

40
Median Age
2,507
Population Density (per sq. mile)
26%
College Educated
$51,898
Estimated Median Income
3,229
Estimated Total Home Owners
1,885
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1326 119th Street Monthly Cost

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$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1326 119th Street Market Data

Based on the last 30 days in this zip code

$270,769
Average List Price
$146
Average Price per Square Foot
6
Properties Sold
55
Average Days on Market
23
Properties for Sale
Calculations provided by Reliance Network

1326 119th Street History

Date Event Value Agent
11/22/2025Source: MRED Status Change
Active
11/17/2025Source: MRED Price Reduction
$1,099,999 -21.4%
11/17/2025Source: MRED Status Change
Price Change
3/1/2025Source: MRED Status Change
Active
2/24/2025Source: MRED Price Reduction
$1,399,999 -6.7%
2/24/2025Source: MRED Status Change
Price Change
11/17/2024Source: MRED Status Change
Active
11/12/2024Source: MRED Price Reduction
$1,499,999 -11.8%
11/12/2024Source: MRED Status Change
Price Change
10/30/2024Source: MRED Status Change
Active
10/25/2024Source: MRED Added to Database
October 25, 2024