00 Waverly Road, Chesterton, IN

Others for Sale - $499,900 - 15 acres


Agent Info

Justin Berggren
Coldwell Banker Commercial Proper Investment

Property Info

CIMLS#1176702
Location
  00 Waverly Road
  Chesterton IN 46304
UpdatedJune 13th, 2025
TypeOthers
Price$499,900
Land15 acres

Property Description

Developer's Dream - 15 Acres in Prime Porter Location A rare opportunity to shape a high-impact project in one of Northwest Indiana's most strategic corridors. This 15-acre site, sits at the signalized corner of US Highway 20 and Waverly Road. 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.


Financials



Similar Listings