Homes for sale - 514 Lake Shore DR, Michigan City, IN 46360

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Lenny Feil

lenfeil@yahoo.com +1(708) 870-0514

$ 1,020,000

Est. payment | -/mo

7 Beds

7 Baths

3,648 SqFt

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$ 1,020,000

Est. payment | -/mo

Save

7 Beds

7 Baths

3,648 SqFt

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,648 sqft

Price per Sqft $279

Subdivision Sheridan Bch Park Add

MLS Listing ID 830554

Bedrooms 7

Full Baths 7

Year Built 1919

Annual Tax Amount $9,674

Tax Year 2024

Lot Size 3,645 Sqft

Acres 0.0837

Property Sub-Type Apartment

Property Description

Investors! - Income-Producing Opportunity 1 block from Sheridan Beach! Welcome to 514 Lakeshore Drive, Michigan City, Indiana -- a prime investment opportunity just minutes from Lake Michigan, downtown shops, and the vibrant Uptown Arts District. This property offers excellent potential for steady rental income, short-term rentals, or future redevelopment in a sought-after area near the beach and marina. Whether you're looking to expand your investment portfolio or secure your first cash-flowing property, this location provides consistent tenant demand thanks to its proximity to Blue Chip Casino, Washington Park, and the South Shore Train Station with easy access to Chicago commuters. Property Highlights: Located in the heart of Michigan City's growth corridor Walking distance to Lake Michigan beaches Minutes from shopping, dining, and entertainment Solid potential for value appreciation as redevelopment continues nearby Don't miss this opportunity to own property in one of Northwest Indiana's hottest investment markets. Updates have been made the units, roof and major mechanicals.

Location

State IN

County La Porte

Interior

Interior Features None

Heating Other

Fireplace N

Appliance None

Exterior

Exterior Feature None

View Y/N true

View true

Building

Lot Description Other

Story Two

Schools

School District Michigan City

Others

Tax ID 460121311018000022

SqFt Source Assessor

Acceptable Financing NRA20251108011350024482000000

Listing Terms NRA20251108011350024482000000

Pets Allowed No

Listed by Listing Leaders Executive RE

GET MORE INFORMATION

Lenny Feil

Broker-Owner | Lic# 471005412

lenfeil@yahoo.com

+1(708) 870-0514

4155 147th St, Midlothian, IL, 60445, USA

514 Lake Shore DR Michigan City, IN 46360

Lenny Feil

Key Details

Location

Interior

Exterior

Building

Schools

Others

514 Lake Shore DR