100 UnitsTwo Distinct Halves
Financials, rent roll and financing
Lease Schedule · Operations · Cost Segregation · Financing and the data room open once you accept the confidentiality agreement.
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Where the Rent Goes
Every unit type moves. The largest block — 36 C-condition two-beds — carries the most dollars.
| Type · condition | Units | Current | Pro forma | Lift |
|---|---|---|---|---|
| A1 BR · 818 SF | 9 | $1,032 | $1,225 | +19% |
| B1 BR · 818 SF | 6 | $1,022 | $1,200 | +17% |
| C1 BR · 818 SF | 3 | $1,089 | $1,200 | +10% |
| A2 BR · 975 SF | 17 | $1,245 | $1,450 | +16% |
| B2 BR · 975 SF | 29 | $1,199 | $1,350 | +13% |
| C2 BR · 975 SF | 36 | $1,207 | $1,325 | +10% |
| Rental income / yr | 100 | $1,416,924 | $1,599,900 | +12.9% |
Average monthly rent by unit, rent roll 09/03/2026. Conditions per 09/15/2026 walk; 13 no-access units assigned A or B by current rent.
Portage, Indiana
A city of 37,000 in a Northwest Indiana region of 800,000 — Chicago access at an Indiana basis.
Portage Economy
Growing incomes, new rail capacity and an industrial base anchored by the port — the demand drivers behind Canden Crossing's rent upside.
Up 4.7% year over year
Above the U.S. median of $80.7K
38,634 residents, 2025 estimate
$650M South Shore double track, 2024
Expansion adding about 300 jobs
I-80, I-90/94, Burns Harbor, two Class I lines
Sources: U.S. Census Bureau QuickFacts and ACS 2020–2024; South Shore Line; Fronius USA; Portage EDC.
Around the Property
Woodland Park
City park and community center
Portage High School
Portage Township Schools
Meijer · Walmart · ALDI
Grocery and retail, Willowcreek Road
Imagination Glen Park
Trails and recreation
South Shore Line
Portage/Ogden Dunes, rail to Chicago
Portage Lakefront
Lake Michigan beach, Indiana Dunes NP
Jobs & Chicago Access
Burns Harbor
Port and Cleveland-Cliffs steel
Gary/Chicago Airport
Regional airport
Northwest Health Porter
Porter regional hospital, Valparaiso
Indiana University Northwest
Gary campus
Valparaiso University
Private university
Downtown Chicago
Via I-94 or the South Shore Line
