1300 Waverly Road Active Save Request In-Person Tour Request Virtual Tour
Chesterton,IN 46304
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 818903
Annual Tax Amount $17,153
Tax Year 2023
Lot Size 21.500 Acres
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 No
Exterior
Utilities Available Electricity Connected,Water Connected,Natural Gas Connected
Building
Lot Description Near Public Transit
Others
Acceptable Financing Cash,Owner Assisted,Conventional,Contract
Listing Terms Cash,Owner Assisted,Conventional,Contract