Catylist ID:
#30162194
| Catylist Listing ID: | 30162194 |
| Property Subtypes: | Office, Retail, Other |
| Gross Land Area: | 2.05 Acres |
| Sale Price: | $449,000 |
| Unit Price: | $219,024 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 1/26/2023 |
Overview / Comments
|
This is a prime commercial parcel redevelopment. This parcel is zoned B-3 Highway Commercial making this site ideal for medical/professional office or retail development. All utilities available are to the site including sewer and water. 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. 2020 INDOT traffic count on State Road 231 is 10,544 cars/day. 2021 pay 2022 taxes are $257.10. 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: | 45-16-15-153-001.000-042 |
| Zoning: | B-3 |
| Property Located Between: | Broadway/I65 |
| Property Visibility: | Excellent |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 25,627 | 64,486 |
| Median Age: | 40.03 | 38.64 |
| Households: | 9,565 | 23,932 |
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