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    11940 Wicker Ave Cedar Lake, IN 46303

    For Sale
    $300,000

    Unimproved Land - Cedar Lake, IN

    Type:Unimproved Land
    Lot size:
    2.16 Acres
    Days on Market:
    252
    Last Refresh:
    Dec 10 at 11:06 am

    Property Features for 11940 Wicker Ave

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    451517276006000013
    Lot size
    2.16 Acres

    Building Details

    Architectural style
    Other

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Anthony Christopher (219) 322-5508 License #RB22001074

    Listing date Apr 3, 2025

    MLS# 818403 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    2.15 Acres Vacant Land

    This 2.15-acre vacant lot is located at 11940 Wicker Avenue in Cedar Lake, Indiana. The property is situated along Wicker Avenue (US Route 41), offering high visibility and accessibility. Located in a growing community, this parcel is suitable for new development. The property is located in Lake County, with the postal code 46303.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Hotel & Motel Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Lake
    County
    Lake
    State
    Indiana
    Longitude
    -87.470717
    Latitude
    41.401214

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    FAQs

    What type of property is this?
    Land - 2.15-acre vacant lot in Cedar Lake, Indiana, for development.
    Where is this land located?
    The property is located at 11940 Wicker Ave Cedar Lake, IN.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Large 2.15-acre vacant lot.; - Prime location on Wicker Avenue (US Route 41).; - High visibility and accessibility.
    (219) 322-5508
    Request Owner's contact information
    11940 Wicker Ave Cedar Lake, IN 46303
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    Cedar Lake, IN 46303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11940 Wicker Ave Cedar Lake, IN 46303
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