150 Us 20
Porter, IN 46304
- – beds
- – baths
- – sqft
- ~18 acre lot
- – on site
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!
Last checked:
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Last updated Apr 11, 2025
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MLS# 818902 —
Financial & Terms
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Lease Considered:false
Location
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Directions:Indiana State Road 49 to US 20 west, property is on north side of road
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Latitude:41.633848
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Longitude:-87.066096
The Property
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Parcel Number:640325107001000026
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Property Subtype:Unimproved Land
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Lot Features:Other
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Lot Size Acres:17.5
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Lot Size Square Feet:762300
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Lot Size Dimensions:Irreg
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Lot Size Source:Assessor
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Additional Parcels:false
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Waterfront:false
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (219) 281-1100
- Office phone:
- (219) 747-0033
Taxes
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Tax Year:2024
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Tax Annual Amount:13739.76
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Tax Legal Description:64-03-25-107-001.000-026
Utilities
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Utilities:Sewer Available, Natural Gas Available
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Electric:Other
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Sewer:Public Sewer
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Water Source:Public
The Community
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Community Features:None
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Association:false
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Development Status:Site Plan Approved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
