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$199,000
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Property Description
3-Acre Michigan City Property - Data Center Industrial Potential Property Summary: Size: 3 acres (M1 Industrial Zoning) Location: Approximately 1.5 miles from Downtown Michigan City Utilities: Electrical infrastructure roughly 1 mile away Access: Full truck access and industrial corridor positioning Why This Property Has Strong Future Potential: This land is located within a growing industrial and technology zone in Michigan City. With a major new data center already approved and under development in the city, surrounding industrial-zoned parcels like this one gain strategic value. M1 zoning permits technology, warehousing, logistics, and light industrial users--making the site attractive for future buyers seeking utility-ready industrial land. Data Center & Tech Feasibility (Next 5 Years): While hyperscale data centers require large acreage, this site is suitable for smaller edge data centers, telecom hubs, or support facilities. Proximity to power, industrial zoning, and truck access increases interest from tech-related operators. Michigan City's growing infrastructure makes this corridor a rising target for digital and industrial expansion. Market Positioning: The current listing price of 1,000,000 reflects the property's future upside. Industrial parcels with tech potential command a premium due to: Zoning flexibility (M1) Nearby data-center development Access to power and transportation Expanding Michigan City economy and investment activity Conclusion: This 3-acre property is well-positioned as a premium industrial and tech-ready parcel. Its zoning, location, access, and proximity to future digital infrastructure create strong potential for appreciation and make it an attractive opportunity for investors and developers pursuing long-term strategic projects.
Full Property Details
Full Property Details for 0 Chicago Ave
General
- Price: $199,000
- Taxes: $1,059 (2023)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 825816
- Updated: 1/11/2026
- Added to Site: 205 day(s) ago
Location
- County: La Porte
- Township: Michigan
- Subdivision: West Add
- Driving Directions: Michigan Blvd to Huron to Chicago street
School Information
- High School District: Michigan City
Lot Features
- Lot Size (Acres): 2.94
- Lot Size (Sq. Ft.): 128,066
- Lot Features: Other
- Zoning: Commercial
Financial Considerations
- Tax Amount: $1,059
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 42-01-32-110-001 WEST ADD BLKS 8 & 10 15 FT STRIP E SD CHGO ST.
- Property ID: 460132110001000022
Listed by Blackrock Real Estate Services
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Price & Sales History for 0 Chicago Ave
Date
Details
Price
Change
Source
1/11/2026
Price Reduced
$199,000
-80.1%
MLS
9/22/2025
Price Increased
$1,000,000
33.33%
MLS
8/11/2025
Listed
$750,000
916.26%
MLS
7/26/2022
Sold
$73,800
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$290
5%
$9,200
—
2023
$276
100%
$9,200
100%
2022
100%
100%
2020
100%
100%
2019
100%
100%
2018
100%
100%
2017
100%
100%
2016
100%
100%
2015
—
—
Disclaimer: Historical tax 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 0 Chicago Ave
0 Chicago Avenue, Michigan City, IN 46360 (MLS# 825816) is a Lots/Land property with a lot size of 2.94 acres. 0 Chicago Avenue is currently listed for $199,000 and was received on August 11, 2025. Want to learn more about 0 Chicago Avenue? Do you have questions about finding other Lots/Land real estate for sale in Michigan City? You can browse all Michigan City real estate or contact a Coldwell Banker agent to request more information.

