Estimated payment $196/month
Highlights
- 1.02 Acre Lot
- High Speed Internet
- Level Lot
About This Lot
Rarely does a shovel-ready acre become available within the City of Niles with this level of flexibility. Located at 1015 Lake Street, this flat, 1.009-acre parcel is officially zoned Neighborhood Center (NC), allowing for unique development opportunities ranging from professional offices to multi-family housing. The land is largely cleared and ready for immediate construction, featuring approximately 110 feet of road frontage and a deep 400-foot lot line. All city utilities--municipal water, sewer, and electric--are available at the street, and the property currently benefits from low holding costs with residential vacant tax rates. The location offers excellent regional connectivity, situated just minutes from US-31 and US-12 for fast travel to South Bend, Notre Dame, and the Lake Michigan shoreline. Nearby, residents and patrons can enjoy local favorites like Riverfront Park, which hosts the annual Bluegrass Festival and summer concerts, as well as convenient shopping at Walmart, Tractor Supply, and downtown dining. This parcel represents a versatile and affordable opportunity in the 49120 zip code for an investor or builder looking to establish a presence in a growing mixed-use corridor.
Property Details
Property Type
- Land
Est. Annual Taxes
- $326
Lot Details
- 1.02 Acre Lot
- Lot Dimensions are 111x402
- Level Lot
- Zoning described as NC
Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/24/2026 04/24/26 | For Sale | $32,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $250 | Attorney | |
| Quit Claim Deed | $7,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: MichRIC
MLS Number: 26017646
APN: 11-71-5460-0006-00-1
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Ask me questions while you tour the home.