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    lot 1 & Add Wicker Ave Cedar Lake, IN 46303

    For Sale
    $345,000

    LAND - Cedar Lake, IN

    Lot size:
    2.89 Acres
    Days on Market:
    93
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for lot 1 & Add Wicker Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    451517276008000013
    Lot size
    2.89 Acres

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

    Listing agent Lisa Grady (219) 308-6237

    Listing date Sep 12, 2025

    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

    Development Land on Wicker Avenue

    Two parcels of land are available for sale, totaling 2.89 acres. The property is positioned along Wicker Avenue (US Route 41), offering visibility and accessibility. Located in a growing community, this land presents a development opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cedar Lake
    County
    Lake
    State
    Indiana
    Longitude
    -87.470577
    Latitude
    41.400544

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    FAQs

    What type of property is this?
    Commercial land - 2.89 acres of development land in a prime location.
    Where is this commercial land located?
    The property is located at lot 1 & Add Wicker Ave Cedar Lake, IN.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: - 2.89 total acres of development potential.; - Prime location along Wicker Avenue (US Route 41).; - Excellent visibility.
    (219) 308-6237
    Request Owner's contact information
    lot 1 & Add Wicker Ave 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
    lot 1 & Add Wicker Ave Cedar Lake, IN 46303
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