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$900,000 Just Listed
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Property Description
Exceptional opportunity to acquire approximately 11.83 acres of prime commercial land with prominent frontage along Calumet Avenue in Chesterton, Indiana. Zoned B3 (Business District), the property supports a wide range of commercial uses, including senior housing, medical, retail, hospitality, and mixed-use development. Strategically located with convenient access to I-94 and the Indiana Toll Road (I-80/I-90), the site offers strong regional connectivity and proximity to the greater Chicago metropolitan area. The nearby South Shore Line at Dune Park Station provides additional commuter access. The property also benefits from previously approved entitlements and development planning for a 55+ active adult community, including plans for 42 patio home units and supporting infrastructure. New owner will need to have previously approved entitlements renewed by the planning board. Positioned within a growing Northwest Indiana market near Lake Michigan and the Indiana Dunes National Park, this offering presents a compelling opportunity for developers and investors.
Full Property Details
Full Property Details for Tbd Calumet Rd
General
- Price: $900,000
- Taxes: $3,183 (2024)
- Status: Active
- Type: Commercial Investment
- Source: GNIAR
- MLS ID: 836771
- Updated: Today (4/9/2026)
- Added to Site: Today
Location
- County: Porter
- Township: Liberty
- Driving Directions: Entrance off Calumet Road, west side of the street, right before the road goes over Coffee Creek, and south of Scarborough Ct.
Heating & Cooling
- Heating Type: None
Structural Information
- Year Built: 1800
Lot Features
- Lot Size (Acres): 11.83
- Lot Size (Sq. Ft.): 515,314.8
Financial Considerations
- Tax Amount: $3,183
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: PAR IN SE 1-36-6 DESC DR496 P253 11.83A DITCH TIF
- Property ID: 640601426001000023
Listed by Encore Sotheby's International
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Price & Sales History for Tbd Calumet Rd
Date
Details
Price
Change
Source
4/09/2026
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Tbd Calumet Rd
Tbd Calumet Road, Chesterton, IN 46304 (MLS# 836771) is a Commercial Investment property. Tbd Calumet Road is currently listed for $900,000 and was received on April 09, 2026. Want to learn more about Tbd Calumet Road? Do you have questions about finding other Commercial Investment real estate for sale in Chesterton? You can browse all Chesterton real estate or contact a Coldwell Banker agent to request more information.

