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1300 Waverly RD Chesterton, IN 46304
936,540 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 936,540 sqft
Price per Sqft $0
MLS Listing ID 818903
Annual Tax Amount $17,153
Tax Year 2023
Lot Size 21.500 Acres
Acres 21.5
Property Sub-Type Unimproved Land
Property Description
Developer's Dream - 21.5 Acres in Prime Porter LocationA rare opportunity to shape a high-impact project in one of Northwest Indiana's most strategic corridors. This 21.5-acre site, made up of two parcels, sits at the signalized corner of US Highway 20 and Waverly Road. The property includes a tenant-occupied 2-bedroom, 2-bath home, offering immediate rental income during the planning phase.Located just 3 minutes from the South Shore Train Station, 5 minutes from downtown Chesterton, and 6 minutes from Porter Beach, this site blends convenience with lifestyle appeal. It's also just 45 minutes from downtown Chicago, making it a strong draw for commuters.Bring your own vision or explore current concept plans for a 117-unit condo development with multi-unit retail along the frontage. Flexible zoning and a prime location make it ideal for residential, commercial, or mixed-use development.For those looking to expand, a fully approved 317-unit multifamily development is also available just east of the site--offering a unique opportunity to scale in a rapidly growing market.
Location
State IN
County Porter
Interior
Fireplace N
Exterior
View Y/N true
View true
Building
Lot Description Near Public Transit
Others
Tax ID 640326229002000026
Acceptable Financing NRA20250409072824777016000000
Listing Terms NRA20250409072824777016000000
Listed by Coldwell Banker Market Connect