Prime Commercial Land
721 E Porter Ave, Chesterton, IN 46304
50.65 acres in Chesterton's high-traffic commercial zone.
Type:Land
Lot size:
50.65 Acres- Added:
- Mar 26, 2026
- Days on Market:
- 57
- Last Refresh:
- May 19 at 11:38 pm
Property Features for 721 E Porter Ave
General Information
- Standard status
- Active
- Lot size
- 50.65 Acres
- Property subtype
- Land
Listing agent David Lasser License #IN RB14026085
Listing office Commercial In-Sites LLC
Listing date Mar 26, 2026
Source Crexi
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 Commercial In-Sites LLC
HighLights
- Prime location on State Road 49, a high‑traffic commercial zone in Chesterton, between I‑94 and I‑80/90.
- Excellent investment opportunity for appreciation or development; suitable for hotels, restaurants, retail, medical, education, office, or light manufacturing.
- Located in a TIFF District with B2 Business zoning (with 2.4 acres zoned B3).
- Close to SR 49, I‑94, I‑80/90 Indiana Toll Road, and South Shore Railroad.
- Abundant nearby amenities including Jewel/Osco, Pizza Hut, Wendy's, Speedway, future Aldi, Franciscan Emergency Center & Health Fitness Center, Sand Creek Country Club, and Walgreens.
- Proximity to Porter Hospital, Urschel Laboratories, Indiana Dunes National Park, and Coffee Creek Preserve/Park.
Overview
This 50.65-acre property fronts the east side of State Route 49, south of Indian Boundary Road, and is situated between the New York Central Railroad tracks to the north and Porter Avenue to the south. It presents an investment opportunity for appreciation or development. The location is suitable for hotels, restaurants, retail, medical facilities, education centers, and office buildings, with potential for light manufacturing uses. The property is located in the TIFF District and is zoned B2 Business, with 2.4 acres zoned B3. A 12" water line is located on the North side of Porter Avenue and under the railroad tracks. The property is being sold AS IS and is currently being farmed. The 2024 pay 2025 taxes are $2,227.64, assessed at the farming rate. The site offers access to SR 49, I-94, I-80/90 Indiana Toll Road, and the South Shore Railroad. Nearby establishments include Jewel/Osco, Pizza Hut, Wendy's, and Speedway, with a future Aldi Grocery Store planned for Spring 2021. The Franciscan Emergency Center is located 1/2 mile north, as is the Franciscan Health Fitness Center. Sand Creek Country Club is 1/2 mile east, while Indian Oak Shopping Center and Walgreen's are 1 mile to the northwest. The Porter Hospital at US 6 & SR 49 is 3 miles south. Urschel Laboratories has moved its corporate headquarters to Chesterton. The site is located just east of the Coffee Creek Preserve/Park.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Chesterton
- County
- Porter
- State
- Indiana
- Longitude
- -87.061676
- Latitude
- 41.606445
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 50.65 acres in Chesterton's high-traffic commercial zone.
Where is this commercial land located?
The property is located at 721 E Porter Ave Chesterton, IN.
What is the asking price?
The asking price for this property is $3,888,000.
What are key features of this property?
This property features: Prime location on State Road 49, a high‑traffic commercial zone in Chesterton, between I‑94 and I‑80/90.; Excellent investment opportunity for appreciation or development; suitable for hotels, restaurants, retail, medical, education, office, or light manufacturing.; Located in a TIFF District with B2 Business zoning (with 2.4 acres zoned B3).
