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    20 V/L Us Hwy Burns Harbor, IN 46304

    For Sale
    $89,000

    Unimproved Land - Burns Harbor, IN

    Type:Unimproved Land
    Lot size:
    0.49 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 20 V/L Us Hwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    640605401006000024
    Exterior features
    Corner Lot
    Lot size
    0.49 Acres

    Taxes and HOA fees

    Expense value
    41
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Listing Leaders (219) 299-7117 [email protected]

    Listing agent Nicholas Scalise (219) 462-5478 License #RB14050644

    Listing date Oct 1, 2025

    MLS# 828623 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

    Burns Harbor Unimproved Land Opportunity

    This 0.49-acre lot is zoned 'Downtown', permitting multi-family, condominium, commercial, or single-family development. The site is ready for development with all utilities available. Located in The Village in Burns Harbor, it provides access to parks, a gazebo, and open space areas. The property is located less than one hour from Chicago, with convenient access to I-94 and the South Shore Train. Downtown Chesterton, with its farmer's market, shops, dining, and wineries, is just minutes away. Lake Michigan beaches and Indiana Dunes National Park are within 10 minutes. The location is served by Duneland Schools. The lot can be combined with Lot 46.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Burns Harbor
    County
    Porter
    State
    Indiana
    Longitude
    -87.12453
    Latitude
    41.601835

    FAQs

    What type of property is this?
    Commercial land - 0.49 acre lot zoned 'Downtown' with utilities available.
    Where is this commercial land located?
    The property is located at 20 V/L Us Hwy Burns Harbor, IN.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: - Large 1/2 Acre Lot Zoned 'Downtown' - Ideal for multi-family, condo, commercial, or single-family development.; - Prime Location in Burns Harbor - Less than 1 hour from Chicago with easy access to I-94 and the South Shore Train.; - Site Ready with All Utilities Available - Simplifies and accelerates development.
    (219) 462-5478
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    20 V/L Us Hwy Burns Harbor, IN 46304
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    Burns Harbor, IN 46304
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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
    20 V/L Us Hwy Burns Harbor, IN 46304
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