150 Us-20

Porter, IN 46304

Developer's Opportunity! Don't miss the chance to acquire and complete this approved 318-unit multifamily Planned Unit Development (PUD). All architectural plans are fully approved by local authorities, streamlining the development process for you.This prime 17.5-acre parcel is strategically located at the intersection of US Highway 20 and Waverly Road, providing excellent visibility and accessibility. The site is just a 3-minute drive to the South Shore Train Station, making it perfect for commuters. Additionally, it's only 5 minutes from a variety of dining, shopping, and entertainment options in Chesterton, offering residents a vibrant community experience.The location is ideal for attracting renters, being just 45 minutes from downtown Chicago, which is appealing for professionals looking to live outside the city while maintaining an easy commute. Nature lovers will appreciate that Porter Beach on Lake Michigan is a mere 6 minutes away, providing recreational opportunities and scenic views.For those seeking further expansion, additional parcels to the west totaling 21.5 acres, including a house, are also available and listed. With ample space for green areas, parking, and amenities, this project has the potential to become a sought-after residential destination. Take advantage of this incredible development opportunity and make your mark in a growing area!

Listing courtesy of Matthew Seibal of Coldwell Banker Market Connect matt@specialtyprop.com as distributed by MLS GRID



Listing information is provided by Participants of the Greater Northwest Indiana Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Greater Northwest Indiana Association of REALTORS MLS.

Based on information submitted to the MLS GRID as of 2025-04-19 08:49 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.