Catylist ID:
#30856269
| Catylist Listing ID: | 30856269 |
| Property Subtypes: | Office, Retail |
| Gross Land Area: | 2.50 Acres |
| Sale Price: | $449,000 |
| Unit Price: | $179,600 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 12/1/2023 |
Overview / Comments
|
This is a prime commercial parcel ready for redevelopment as the prior home has been razed. This parcel is zoned B-3 Highway Commercial making this site ideal for medical/professional office or retail development. All utilities available and are to the site including sewer and water. 2022 pay 2023 taxes are $284.04. Proposed new Franciscan Health Hospital, University of Saint Francis expansion and possible new location for Andrean High School is located just 1 mile west of this property. It's expected investment is between $227 and $300 million for the hospital and expanded University, Franciscan officials report. 2022 INDOT traffic count on State Road 231 is 14,903 cars/day. Located on the south side of US 231/SR 8, 1/4 mile east of Broadway, 1/2 mile west of I-65/US 231 interchange, and 5 miles south of US Highway 30. Nearby businesses include CVS, People's Bank, Oak Hill Animal Clinic and so much more. Less than 2 miles east of the historic Lake County Courthouse and Crown Point Square with shopping, dining, banking, entertainment and more. 1.5 miles southeast of the Crown Point SportsPlex. |
Attachments & Media
Additional Details
| Nearest MSA: | Chicago-Naperville-Elgin |
| County: | Lake |
| Tax ID/APN: | 45-16-15-153-002.000-042 |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 30,440 | 64,486 |
| Median Age: | 40.44 | 38.64 |
| Households: | 11,473 | 23,932 |
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