150 Us 20

Highlights:

• Lot Size: 10-20 Acres

Description:

Developer's Opportunity! Don't miss the chance to acquire and complete this approved 318-unit multifamily Planned Unit Development (PUD). All architectural plans are fully approved by local authorities, streamlining the development process for you. This prime 17.5-acre parcel is strategically located at the intersection of US Highway 20 and Waverly Road, providing excellent visibility and accessibility. The site is just a 3-minute drive to the South Shore Train Station, making it perfect for commuters. Additionally, it's only 5 minutes from a variety of dining, shopping, and entertainment options in Chesterton, offering residents a vibrant community experience. The location is ideal for attracting renters, being just 45 minutes from downtown Chicago, which is appealing for professionals looking to live outside the city while maintaining an easy commute. Nature lovers will appreciate that Porter Beach on Lake Michigan is a mere 6 minutes away, providing recreational opportunities and scenic views. For those seeking further expansion, additional parcels to the west totaling 21.5 acres, including a house, are also available and listed. With ample space for green areas, parking, and amenities, this project has the potential to become a sought-after residential destination. Take advantage of this incredible development opportunity and make your mark in a growing area!