1012 E 109th Avenue, Crown Point, IN 46307

$3,300,000
Property Type: Land Lot Size (sq. ft.): 2,342,918 Status: Closed
Current Price: $3,300,000 List Date: 2/25/2021 Last Modified: 2/23/2024

Overview

Description

Unique opportunity awaits on this much sought after location! This 53+ acre parcel provides over 2,500 feet along I-65 with a daily traffic count of over 65,000, and frontage on 109th with daily traffic count of over 17,000. This property is located directly west of the main Crown Point retail corridor, with new development surrounding this location. This parcel is located within 2+ miles of downtown Crown Point, 3 miles from U.S. 30, 10 miles from I-94, 13 miles from I-90, 20 miles from IN/IL boarder and within 1 hour from Chicago.

Listing Details MLS# 488549

General Property Information

Lot Size Acres
53.786
Lot Size Square Feet
2342918
Lot Size Dimensions
Irregular
Waterfront YN
No
List Price/Acre
83664.89
Sold Price/Acre
61354.26

Property Features

Current Use: Farm Lease Type: Net Listing Terms: Cash; Conventional Lot Features: Level; Open Lot Other Structures: None Possible Use: Automotive; Commercial; Farm; Medical/Dental; Mixed Use; Office; Recreational; Retail; Other Road Frontage Type: City Street Utilities: Natural Gas Available; Sewer Available; Water Available

Contract Information

Auction YN
No
Original List Price
4500000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell

Location Tax and Legal

Street Number
1012
Street Direction Prefix
E
Street Name
109th
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46307
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Unique opportunity awaits on this much sought after location! This 53+ acre parcel provides over 2,500 feet along I-65 with a daily traffic count of over 65,000, and frontage on 109th with daily traffic count of over 17,000. This property is located directly west of the main Crown Point retail corridor, with new development surrounding this location. This parcel is located within 2+ miles of downtown Crown Point, 3 miles from U.S. 30, 10 miles from I-94, 13 miles from I-90, 20 miles from IN/IL boarder and within 1 hour from Chicago.

Status Change Information

Major Change Timestamp
2021-10-01T04:43:20Z
Major Change Type
Status Change
Status Change Timestamp
2021-09-30
Offer Acceptance Date
2021-06-14
Close Date
2021-09-30
Close Price
3300000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Showing Requirements

Showing Instructions
Go and Show

Historical Information

Public Historical Remarks
No Septic Tank: No, No Well: No

Location, Tax, and Legal

Tax Annual Amount
1576
Tax Year
2018
Tax Assessed Value
0
Tax Legal Description
Legal Description: PT. OF W.1/2 SE.1/4 S.3 T.34 R.8 EX. PT. IN R/W 53.786AC
Parcel Number
451603400002000042
Township
Center
Directions
Property located on Northwest corner of 109th and I-65

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Level
Yes
Open Lot
Yes

Other Structures

None
Yes

Road Frontage Type

City Street
Yes

Utilities

Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Lease Type

Net
Yes

Current Use

Farm
Yes

Possible Use

Automotive
Yes
Commercial
Yes
Farm
Yes
Medical/Dental
Yes
Mixed Use
Yes
Office
Yes
Recreational
Yes
Retail
Yes
Other
Yes
Listing Office: BHHS Executive Realty
Last Updated: February - 23 - 2024
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