Catylist ID:
#30741322
Residential - Land Development Opportunity 300-500 Units
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30741322 |
| Property Subtypes: | Residential (Single Family) |
| Status: | Pending/Contingent |
| Gross Land Area: | 121 Acres |
| Sale Price: | $4,235,000 |
| Unit Price: | $35,000 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/17/2023 |
Overview / Comments
|
List Price $4,235,000.00 $35,000 per Acre 121 +/- Acres Utilities: Sewer & Water Close Poximity Zoning: R-1 Partially Annexed PUD Potential 300-500 Unit Capacity 500 W 741 N site is 15 minutes from West Beach Indiana Dunes, Lake Michigan which offers many water activities such as fishing, boating and hiking. Portage maintains 15 scenic parks and 10 miles of paved trails. The site is a short distance to Hwy 6 corridor where many retail shops, commercial industries and restaurants are located. Miejer, Bass Pro Shops, Ameriplex, small shops and shopping centers and necessities are within 10 minute drive. |
Attachments & Media
Additional Details
| Nearest MSA: | Chicago-Naperville-Elgin |
| County: | Porter |
| Tax ID/APN: | 64-06-30-376-001.000-015 |
| Zoning: | R-1 |
| Property Located Between: | N 500 W & Wolf Rood |
| Property Visibility: | Good |
| Legal Description: | PAR IN NW SE S OF TOLL RD DESCDOC #01-28742 10-36-7.58A (TO BE VERIFIED BY TITLE COMPANY) |
| Largest Nearby Street: | US HWY 6 |
| Highway Access: | Accessible from Indiana Tollway I/80/94 and South Shore Commuter Rail Line |
| Site Description: | Level No Wetlands No Flood Plains |
| Area Description: | Portage has numerous amenities to offer, location, conveniently located 40 miles southeast from Chicago and approximately 50 miles west of South Bend. Portage is accessible from the Indiana Tollway, I-80/94 and the South Shore Commuter Rail Line. |
| Zoning Description: | R-1, PUD Potential |
| Topography: | Level |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,003 | 47,963 | 97,021 |
| Median Age: | 34.88 | 36.51 | 37.65 |
| Households: | 1,691 | 17,532 | 36,781 |
| © Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Indiana Commercial Board of REALTORS® nor Moody's assume any liability for errors or omissions. |
