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Self-Storage Development with Flea Market
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15205 Wicker Ave, Cedar Lake, IN 46303

Existing 58,000 rentable-square-feet flea market is on 20 acres, with approved zoning and submitted plans for drive-up storage buildings.

Property Size58,000 SF
Lot Size20.00 Acres
Days on Market121

Property Features for 15205 Wicker Ave

General Information

Standard status Active
Size 58,000 SF
Lot size 20.00 Acres
Property subtype Self Storage

Additional Details

Business Included Yes
Listing Agency: Marcus & Millichap - Chicago Oak Brook
Listed By: Sean Delaney · License #IL 475.141529
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 3:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Oak Brook

Investment Insights

Based on property information with market context.

This offering includes a cash-flowing flea market business and an existing inventory of flea market lots totaling approximately 58,000 rentable square feet. The property also presents a development opportunity on vacant land, where recently obtained zoning supports planned self-storage construction.

Plans propose approximately 78,500 total rentable square feet of storage. The current site plan includes 15 drive-up self-storage buildings totaling approximately 60,750 square feet and 71 portable units totaling approximately 17,750 square feet. An approved site plan is intended to be delivered prior to closing; new owners would need to obtain the construction permits before beginning construction of the self-storage addition.

The property is located at 15205 Wicker Ave in Cedar Lake, Indiana and is being marketed as a combined flea market and self-storage development project with the storage portion dependent on the permitting and construction phase.

Key Highlights

  • 20‑acre site in Cedar Lake, Indiana with an existing 58,000 SF rentable flea market on the property.
  • Self‑storage development plans propose +/- 78,500 total rentable SF, pending construction of the approved addition.
  • Recently obtained proper zoning plus site plans submitted for approval for the self‑storage development.

Property Analytics

Current Use

Uncle John's Flea ... (Bike/Boat/Book/etc) Store LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Auto Repair Shop Dental Office Real Estate Agency Plumbing Service Kitchen & Bath Showroom

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

Demographics for 46303, IN

17,028
Population
6,922
Households
2.5
Avg Household Size
39
Median Age
24%
College-Educated
95%
High-School Grad
28.8 sq mi
ZIP Area
591
Density / Sq Mi
$78,659
Median Household Income
$43,217
Median Earnings
$1,197
Median Rent
$271,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Existing 58,000 rentable-square-feet flea market is on 20 acres, with approved zoning and submitted plans for drive-up storage buildings.
Where is this self storage facility located?
The property is located at 15205 Wicker Ave Cedar Lake, IN.
What are key features of this property?
This property features: 20‑acre site in Cedar Lake, Indiana with an existing 58,000 SF rentable flea market on the property.; Self‑storage development plans propose +/- 78,500 total rentable SF, pending construction of the approved addition.; Recently obtained proper zoning plus site plans submitted for approval for the self‑storage development.
(630) 570-2200 Call to check price and availability
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