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Commercial Land with Billboard Sites
For Sale
$199,900

1190 E 23rd Court, Lake Station, IN 46405

Land, Lake Station, IN

Property SizeContact for details
Lot Size19.85 Acres
Days on Market52

Property Features for 1190 E 23rd Court

General Information

Property type Land
Property subtype Other
Lot features Near Public Transit
Directions In Lake Station Take 23rd Crt to dead end at I94 see Billboards
Special listing conditions Third Party Approval
Standard status Active
APN 450918202003000021
Lot size 19.85 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description ROBERT BARTLETT'S EAST GARY SMALL FARMS LOT 106
Tax Annual Amount 155
Legal Description ROBERT BARTLETT'S EAST GARY SMALL FARMS LOT 106

Utilities

Water source Public
Listing Agency: Woodlands & Waters Real Esta
Listed By: Larry Nickell · License #RB14016997
Added: Aug 16 Changed: Sep 21 Last Checked: Oct 6 at 6:06AM
MLS# 843905

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This commercial land holding encompasses 19.85 acres more or less at 1190 E 23rd Court in Lake Station, Indiana. The property is situated along a dead-end street, with all frontage facing I-94. Two billboards are leased on the site, providing an existing income-producing component without changing the underlying commercial land classification.

Public water service is available. The parcel is located in Lake County within ZIP Code 46405 and offers a substantial land area for commercial users evaluating an I-94-oriented property. Additional details regarding the billboard arrangements are available through the listing contact.

Key Highlights

  • 19.85 acres more or less of commercial land
  • All frontage faces I‑94
  • Two leased billboards on the property

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

Demographics for 46405, IN

11,860
Population
4,566
Households
2.6
Avg Household Size
37
Median Age
10%
College-Educated
80%
High-School Grad
9.0 sq mi
ZIP Area
1,318
Density / Sq Mi
$57,005
Median Household Income
$34,058
Median Earnings
$1,136
Median Rent
$123,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial acreage with two leased billboards, public water service, and frontage oriented toward I-94.
Where is this commercial land located?
The property is located at 1190 E 23rd Court Lake Station, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 19.85 acres more or less of commercial land; All frontage faces I‑94; Two leased billboards on the property
More about this property
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