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Lake Station, IN Schools for Sale

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Hammond, IN Griffith, IN Hobart, IN Highland, IN East Chicago, IN Schererville, IN Crown Point, IN Portage, IN
School Building With Outbuilding
Updated: Mar 2
School Building 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
Separate 6,960‑square‑foot outbuilding
4.44‑acre property at 2460 Vermillion Street
Current tenant is the Boys and Girls Club
Public water and public sewer service
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Turnkey School/Special Purpose Building
Updated: May 27
Turnkey School/Special Purpose Building

1150 W 49th Ave, Gary, IN 46408

$499,000
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.
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See hot listings in Lake Station

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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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.

Downtown Mixed-Use Property
Downtown Mixed-Use Property

118-120 N Main Street, Hebron, IN 46341

$1,675,000
13,400 sqft 0.18 AC lot

Two commercial suites and six apartments occupy a renovated downtown building with public utilities and rear parking.

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Downtown Mixed-Use Investment Property
Downtown Mixed-Use Investment Property

118-120 N Main St, Hebron, IN 46341

$1,675,000
13,400 sqft

Fully leased commercial and residential property with renovated tenant spaces, rear parking, and an unfinished unit for future buildout.

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Historic School Campus
Historic School Campus

8231 South Shore Drive, Chicago, IL 60617

$600,000
0.79 AC lot

Institutional property with active utilities and a flexible interior configuration.

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Former School Building with Gymnasium
Former School Building with Gymnasium

7550 South Phillips Avenue, Chicago, IL 60649

$175,000

Versatile former school layout with classrooms, offices, and a hall/gymnasium, plus on-site parking for about 10 vehicles.

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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

$579,000
1.01 AC lot

Commercial land available for sale in Tinley Park, Illinois.

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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 $1,494,000.

Sale prices for school buildings & campuses in Lake Station, IN start at $499,000, averaging $747,000, and reaching up to $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%

High-Yield Neighborhoods for Investment

Identify Lake Station submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46405 $995K

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)

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