Near-Square R-3 Development
For Sale
Contact for pricing
Pending
15220 W 101st Avenue, Dyer, IN 46311
Zoned R-3 near the main I-394 commuter corridor, suited for consideration of business zoning changes.
Property SizeContact for details
Lot Size1.00 Acre
Days on Market75
Property Features for 15220 W 101st Avenue
General Information
Standard status
Pending
Lot size
1.00 Acre
Property subtype
Land
Zoning
R-3
Additional Details
Highway Access
Yes
Listing Agency:
eXp Commercial, LLC.
Listed By:
Tony Mitidiero · License #RB14033343
Source:
Crexi
Added: May 28
Changed: Aug 8
Last Checked: Aug 8 at 7:51AM
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 eXp Commercial, LLC.
Investment Insights
Based on property information with market context.
This near-square parcel is offered for sale as residential land under current R-3 zoning. The site sits on a primary thoroughfare feeding into Northwest Indiana, providing a straightforward holding option while zoning and use decisions are evaluated. The property’s configuration is intended to support development planning that matches the intended future use.
The parcel is located on the main corridor into Northwest Indiana from I-394, which serves as a daily Chicagoland commuter route for residents of Saint John, Crown Point, Cedar Lake, and Lowell. The area has seen recent commercial development along this route, and the frontage on the primary thoroughfare is a key consideration for buyers assessing highest-and-best-use planning.
While the property is currently zoned R-3, the public remarks note that the highest and best use is likely tied to a variance change to some form of business zoning. For buyers, developers, and investors evaluating transitional sites or rezoning strategies, this parcel offers a practical starting point given its current zoning status and prominent placement on a major commuter corridor.
The parcel is located on the main corridor into Northwest Indiana from I-394, which serves as a daily Chicagoland commuter route for residents of Saint John, Crown Point, Cedar Lake, and Lowell. The area has seen recent commercial development along this route, and the frontage on the primary thoroughfare is a key consideration for buyers assessing highest-and-best-use planning.
While the property is currently zoned R-3, the public remarks note that the highest and best use is likely tied to a variance change to some form of business zoning. For buyers, developers, and investors evaluating transitional sites or rezoning strategies, this parcel offers a practical starting point given its current zoning status and prominent placement on a major commuter corridor.
Key Highlights
- Nearly square 1‑acre parcel currently zoned R‑3
- Located on the primary I‑394 commuter thoroughfare into Northwest Indiana
- Sits along the daily Chicagoland commuter route for many Saint John, Crown Point, Cedar Lake, and Lowell residents
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Explore this area
Business Placement
Demographics for 46311, IN
22,431
Population
9,128
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
1,780
Density / Sq Mi
$109,167
Median Household Income
$58,332
Median Earnings
$1,221
Median Rent
$300,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned R-3 near the main I-394 commuter corridor, suited for consideration of business zoning changes.
Where is this residential land & home lot located?
The property is located at 15220 W 101st Avenue Dyer, IN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Nearly square 1‑acre parcel currently zoned R‑3; Located on the primary I‑394 commuter thoroughfare into Northwest Indiana; Sits along the daily Chicagoland commuter route for many Saint John, Crown Point, Cedar Lake, and Lowell residents
