Map of Property

1300 Waverly Rd

1300 Waverly Rd, Chesterton, IN 46304

  • For Sale $1,250,000
  • Property Type Other
  • Lot Size 21.5 Acre
  • Date Updated Apr 19, 2025
Developer's Dream - 21.5 Acres in Prime Porter Location A rare opportunity to shape a high-impact project in one of Northwest Indiana's most strategic corridors. This 21.5-acre site, made up of two parcels, sits at the signalized corner of US Highway 20 and Waverly Road. The property includes a tenant-occupied 2-bedroom, 2-bath home, offering immediate rental income during the planning phase. Located just 3 minutes from the South Shore Train Station, 5 minutes from downtown Chesterton, and 6 minutes from Porter Beach, this site blends convenience with lifestyle appeal. It's also just 45 minutes from downtown Chicago, making it a strong draw for commuters. Bring your own vision or explore current concept plans for a 117-unit condo development with multi-unit retail along the frontage. Flexible zoning and a prime location make it ideal for residential, commercial, or mixed-use development. For those looking to expand, a fully approved 317-unit multifamily development is also available just east of the site—offering a unique opportunity to scale in a rapidly growing market.
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Highlights

  • Lot Size: 20-50 Acres

Contacts

broker
Matthew Seibal

Coldwell Banker Market Connections

broker
Justin Berggren

Coldwell Banker Market Connections

Location

Getting Around

  • Walk Score ®

    23/100 Car-Dependent

  • Bike Score ®

    32/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Chesterton, IN
  • Neighborhood Porter
  • Zip Code 46304
  • Market Chicago

Points of Interest

  • Dune Park

    0.83 miles

  • BP

    1.70 miles

  • Speedway

    1.92 miles

  • Citgo

    2.02 miles

  • TA

    2.07 miles

  • Pilot

    3.17 miles

  • Luke

    3.70 miles

  • Marathon

    5.03 miles

  • Clark

    5.22 miles

  • ChargePoint

    7.32 miles

  • Michigan City, IN Supercharger

    9.53 miles

  • Greenbelt Parking Lot

    1.01 miles

  • Chellberg Farm Overflow Parking

    1.12 miles

  • Cowles Bog Parking Lot

    1.16 miles

  • Bailly Chellberg Parking Lot

    1.29 miles

  • Indiana Dunes Nature Center Parking

    1.96 miles

  • Bus Parking

    3.13 miles

  • Kemil Beach Access Parking

    4.29 miles

  • Moraine Nature Preserve Parking

    6.79 miles

  • truck parking

    8.03 miles

  • Spring House Inn

    1.38 miles

  • Fair ridge Inn Express

    1.66 miles

  • Quality Inn

    2.03 miles

  • Comfort Inn & Suites Porter near Indiana Dunes

    2.56 miles

  • Hilton Garden Inn Chesterton

    4.25 miles

  • Affordable Suites of America

    5.79 miles

  • Country Inn & Suites

    5.80 miles

  • Hampton

    5.86 miles

  • Holiday Inn Express & Suites

    5.96 miles

  • Best Western Plus

    6.09 miles

  • Leroy's "Hot Stuff"

    0.52 miles

  • Wagner's Ribs

    1.19 miles

  • Village Tavern

    1.39 miles

  • Santiago's Mexican Restaurante

    1.39 miles

  • The Port Drive-In

    1.55 miles

  • Dairy Queen

    1.57 miles

  • Val's Famous Pizza & Grinders

    1.59 miles

  • Georges Gyros

    1.59 miles

  • Subway

    1.63 miles

  • Dunkin'

    1.65 miles

  • Fairhaven School

    0.90 miles

  • Newton Yost Elementary School

    1.24 miles

  • Saint Patrick School

    1.49 miles

  • The Field Station Cooperative Preschool

    1.60 miles

  • Bailly Elementary School

    2.27 miles

  • Brummitt Elementary School

    2.81 miles

  • Chesterton High School

    3.18 miles

  • Ethel R Jones Elementary School

    5.30 miles

  • Crisman Elementary School

    6.33 miles

  • Rowena Kyle Elementary School

    6.60 miles

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