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$140,000 Just Listed

  • For Sale
  • Active
  • Business
  • 1,290 Sq. Ft.
  • Updated 1 day ago
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Formerly "Dairy Maid," this 1,290 sq ft building with ample parking offers incredible potential and many recent updates. It features newer mechanicals, a newer roof, and key interior improvements--just needing your finishing touches. Seller will consider Contract Terms.

Full Property Details for 3232 Michigan St

General

  • Price: $140,000
  • Taxes: $4,496 (2025)
  • Status: Active
  • Type: Business
  • Source: GNIAR
  • MLS ID: 844857
  • Updated: 9/4/2026
  • Added to Site: 1 day(s) ago

Parking

  • Parking Features: Paved

Location

  • County: Lake
  • Township: Hobart
  • Subdivision: New Chicago Add 06
  • Driving Directions: Michigan St. to 3232. SW corner of Michigan St. and Tyler Ave.

Heating & Cooling

  • Heating Type: Forced Air, Natural Gas

Structural Information

  • Square Feet: 1,290
  • Year Built: 1957

Lot Features

  • Lot Size (Acres): 0.215
  • Lot Size (Sq. Ft.): 9,365
  • Lot Features: Corner Lot, Paved

Financial Considerations

  • Tax Amount: $4,496.86
  • Tax Year: 2025
  • Terms: Cash, Conventional, Contract

Disclosures and Reports

  • Legal Description: 6TH ADD NEW CHICAGO BLK 6 LOTS 1 TO 3
  • Property ID: 450919156020000022

Listed by McColly Real Estate

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— 3232 Michigan St —

  • McColly Real Estate

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3232 Michigan St

School District:River Forest Community School Corporation
NameGradesDistance
John I Meister Elementary School
3300 Jay Street, Hobart, IN 46342
K-50.9 mi
River Forest Elementary School
3300 Indiana St, Hobart, IN 46342
6-80.3 mi
River Forest Jr-Sr High School
3300 Indiana St, Hobart, IN 46342
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3232 Michigan St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/04/2026
Listed
$140,000
815.39%
MLS
4/25/2022
Sold
$15,294
—
Public Record
Get Price Alerts and Save Property
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 for 3232 Michigan St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,860
—
$111,300
2%
2024
$3,860
-8%
$108,900
12%
2023
$4,184
7%
$97,300
1%
2022
$3,910
1%
$96,000
7%
2020
$3,879
3%
$89,500
—
2019
$3,774
—
$89,500
1%
2019
$3,774
-9%
$88,900
-19%
2018
$4,153
—
$109,600
3%
2017
$4,149
—
$106,600
2%
2017
$4,149
3%
$104,900
—
2016
$4,019
11%
$104,900
4%
2015
$3,633
225%
$100,600
235%
2013
$1,119
8%
$30,000
1%
2012
$1,040
—
$29,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3232 Michigan Street, New Chicago, IN 46342 (MLS# 844857) is a Business property. 3232 Michigan Street is currently listed for $140,000 and was received on September 04, 2026. Want to learn more about 3232 Michigan Street? Do you have questions about finding other Business real estate for sale in New Chicago? You can browse all New Chicago real estate or contact a Coldwell Banker agent to request more information.

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