Commercial Real Estate Market in Chesterton, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
83 active listings and 760 off-market properties in Chesterton, IN.
Market Trends
Chesterton, IN spans 57.8 square miles in Porter County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Chesterton, IN asks $139/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Chesterton, IN asks $134/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Chesterton, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Chesterton, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60%
- Planned_development 22.9%
- Industrial 12.6%
- Commercial 4.4%
Largest Zones share of zoned land by district
Low Density Single Residential
Planned Unit Development
One Or Two Family Residential
Multifamily Residential
Low Density Business
Chesterton, IN zones 5,717 acres across 9 districts. Commercial zoning covers 4.4% of zoned land, residential 60% and industrial 12.6%. The largest single district is Low Density Single Residential at 35.7%. For commercial buyers the practical constraint is that only 17.1% of land carries a commercial or industrial designation.
Low Density Single Residential (R1)
The R-1 designation is a low density single-family residential area.
Market overview
Demographics & Economy
Chesterton, IN has 26,835 residents in 11,521 households. Density runs 464 people per square mile. Median household income here is $88,551 and median gross rent $1,169 a month.
26,835
Population
11,521
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
96%
High-School Grad
57.8 sq mi
ZIP Area
464
Density / Sq Mi
$88,551
Median Household Income
$52,704
Median Earnings
$1,169
Median Rent
$278,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dune Acres | — | — |
| Porter | — | — |
| Burns Harbor | — | — |
| Beverly Shores | — | — |
Commercial property in Chesterton, IN asks $15/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chesterton?
Commercial property in Chesterton, IN asks an average of $15 per square foot. Office carries the highest asking price at $139/SF.
What zoning applies to commercial property in Chesterton?
Chesterton, IN zones 5,717 acres across 9 districts, of which 4.4% is commercial and 12.6% industrial. The largest single district is Low Density Single Residential at 35.7% of zoned land. The R-1 designation is a low density single-family residential area. Residential zoning covers 60% and open space 0%.
Where does Realmo's Chesterton market data come from?
Realmo compiles Chesterton, IN figures from 2 recent recorded sales, 82 active sale listings, 1 active lease listings, 760 tracked off-market properties, the current Chesterton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 82 active for-sale and 1 active for-lease listings in Chesterton, IN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 5,717 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
