10
See all 10 photos
$2,250,000
Est. payment /mo
762,300 SqFt
Active
150 Us-20 Porter, IN 46304
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 762,300 sqft
Price per Sqft $2
MLS Listing ID 818902
Annual Tax Amount $13,739
Tax Year 2024
Lot Size 17.500 Acres
Acres 17.5
Lot Dimensions Irreg
Property Sub-Type Unimproved Land
Property Description
Developer's Opportunity! Don't miss the chance to acquire and complete this approved 318-unit multifamily Planned Unit Development (PUD). All architectural plans are fully approved by local authorities, streamlining the development process for you.This prime 17.5-acre parcel is strategically located at the intersection of US Highway 20 and Waverly Road, providing excellent visibility and accessibility. The site is just a 3-minute drive to the South Shore Train Station, making it perfect for commuters. Additionally, it's only 5 minutes from a variety of dining, shopping, and entertainment options in Chesterton, offering residents a vibrant community experience.The location is ideal for attracting renters, being just 45 minutes from downtown Chicago, which is appealing for professionals looking to live outside the city while maintaining an easy commute. Nature lovers will appreciate that Porter Beach on Lake Michigan is a mere 6 minutes away, providing recreational opportunities and scenic views.For those seeking further expansion, additional parcels to the west totaling 21.5 acres, including a house, are also available and listed. With ample space for green areas, parking, and amenities, this project has the potential to become a sought-after residential destination. Take advantage of this incredible development opportunity and make your mark in a growing area!
Location
State IN
County Porter
Interior
Fireplace N
Exterior
View Y/N true
View true
Building
Lot Description Other
Others
Tax ID 640325107001000026
Acceptable Financing NRA20250123192148248894000000
Listing Terms NRA20250123192148248894000000
Listed by Coldwell Banker Market Connect
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