Commercial Real Estate Market in Chesterton, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
20 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 October 2026.
Office
Office space in Chesterton, IN has a median asking sale price of $199/SF (based on 4 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Chesterton, IN has a median asking sale price of $178/SF (based on 6 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Chesterton, IN has a median asking sale price of $65/SF (based on 3 listings). Vacancy runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Chesterton, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
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.
Tools
Nearby Markets
Commercial property in Chesterton, IN asks $173/SF. The 2 bordering markets run from $113/SF in Porter to $213/SF in Portage, and the city sits above their $163/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Chesterton?
How does Chesterton compare to nearby markets on price?
What zoning applies to commercial property in Chesterton?
Where does Realmo's Chesterton market data come from?
Methodology & data sources
- Asking prices and medians
- There are 17 active for-sale and 3 active for-lease listings in Chesterton, IN. The sale median is based on 12 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
