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    Lake Station, IN
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    Lake Station, IN Schools for Sale

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    Griffith, IN Hammond, IN Hobart, IN Highland, IN East Chicago, IN Schererville, IN Crown Point, IN Portage, IN
    School Property with Outbuilding
    Updated: Mar 2
    School Property with Outbuilding

    2460 Vermillion Street, Lake Station, IN 46405

    $995,000
    37,624 sqft 4.44 AC lot
    37,624‑square‑foot, one‑story main building
    6,960‑square‑foot outbuilding
    Former Polk Elementary School facility
    Current tenant is the Boys and Girls Club
    Constructed in 1953
    View details
    Turnkey School/Special Purpose Building
    Updated: May 22
    Turnkey School/Special Purpose Building

    1150 W 49th Ave, Gary, IN 46408

    Contact for pricing
    11,553 sqft 12.00 AC lot
    Turnkey operational building ideal for special purpose/school/community users.
    Large 11,553sf single‑story structure on over 12 acres.
    Strategic location minutes from Broadway and I‑65.
    Previously used as a school and church.
    Aggressively priced.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Station, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Office Building with Multiple Entrances
    Office Building with Multiple Entrances

    4121 Franklin St, Michigan City, IN 46360

    $699,900
    3,840 sqft 0.50 AC lot

    Versatile building with three separate entrances, 11 offices, and 24 designated parking spaces.

    View details
    School Campus with High Ceilings
    School Campus with High Ceilings

    8231 South Shore Drive, Chicago, IL 60617

    $600,000
    0.79 AC lot

    Former Catholic school campus with active utilities, flexible interiors, and RS-3 zoning in Chicago’s South Shore area.

    View details
    Office Building With Multiple Entrances
    Office Building With Multiple Entrances

    4121 Franklin Street, Michigan City, IN 46360

    $699,900
    3,840 sqft 0.50 AC lot

    Flexible office layout with separate access points, dedicated parking, updated mechanical systems, and a rear deck.

    View details
    Historic Religious Facility
    Historic Religious Facility

    8231 S South Shore Drive, Chicago, IL 60617

    $600,000

    Former Catholic school campus with active utilities, high ceilings, and RS-3 zoning.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land in Tinley Park, IL
    Land in Tinley Park, IL

    16750 Harlem Avenue, Tinley Park, IL 60477

    $599,000
    1.01 AC lot

    Commercial land available for sale in Tinley Park, Illinois.

    View details

    Lake Station, IN Schools Market Trends and Statistics

    Explore 2 schools for sale in Lake Station, IN on our real estate platform. These investment opportunities span a total of 49,177 square feet of properties for sale, with an estimated market value of $995,000.

    Sale prices for school buildings & campuses in Lake Station, IN average $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Churches & religious facilities 1
    Day care centers 1
    Schools 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +0.5%
    Median Household Income $57,005
    College Educated 13.0%

    Taxes & Financing

    Tax Rate (average for all types) 4.46%
    Property Tax per SF $72.47 per SF
    Tax Rate vs County Average 1.39 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lake County

    Office

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    • 46405
    • 46408

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