11106-11108 West 141st Avenue Cedar Lake IN

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30085249
Property Subtypes: Multi-Family
Gross Land Area: 3 Acres
Sale Price: $395,000
Unit Price: $131,666 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/7/2017

Overview / Comments

3 acres corner land site available on both the NEC of 141st & Indianapolis Blvd (Route 41) in Cedar Lake. 141st Avenue is one of the main corridors accessing the residential and commercial community of Cedar Lake and contains numerous newly developed sub-divisions and other properties. Three homes on site are currently rented and all capital improvements have been made, no deferred maintenance.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Tax ID/APN: 000000000000000
Zoning: CURRENTLY MULTI-FAMILY BUT CAN EASILY BE REZONED TO COMMERCIAL
Property Visibility: Excellent
Highway Access: I-57
Site Description: Located along heavily trafficked Route 41 in Northwest Indiana's Cedar Lake. The subject property sits at the corner with access from both North & South bound lanes into Cedar Lake. Cedar Lake is approximately 45 minutes from Chicago, just a few miles east of Indiana/Illinois border.
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,745 14,634 37,164
Median Age: 34.26 37.81 38.75
Households: 660 5,303 13,305
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