Cedar Lake, IN Multifamily Home for Sale

Cedar Lake, Indiana, once a bustling resort destination, now offers a serene lakeside community with a rich history and diverse attractions. Located about 45 miles from Chicago, Cedar Lake's namesake waterway spans 800 acres, making it one of Indiana's largest lakes. The area boasts historical sites like a former hotel turned museum and a dance pavilion on the National Register of Historic Places. Lemon Lake County Park is a local highlight, featuring a renowned disc golf course, walking paths, fishing spots, and dog parks. The Cedar Lake Yacht Club hosts sailboat races, and winter brings motorcycle races on the frozen lake. Housing options range from original lakefront cottages to modern townhouses and condos further inland. The median home price is below the national average, with tax benefits compared to neighboring Illinois. Cedar Lake is served by two highly rated school districts, Crown Point Community School Corporation and Hanover Community School Corporation. Crime rates have declined significantly, with property crime dropping by 76% since 2015. Dining options include waterfront restaurants like The Lighthouse Restaurant, with additional choices in nearby St. John and Crown Point. While Cedar Lake lacks local bus service, commuters can access regional transit options in Gary and East Chicago. The closest hospital, Franciscan Health Crown Point, is located near Interstate 65, about 13 miles east.