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Dawn Evans

dawn@theevansrealtygroup.com +1(812) 327-8878

$ 1,020,000

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514 Lake Shore Drive Michigan City, IN 46360

7 Beds

7 Baths

3,714 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment Building

Listing Status Active

Purchase Type For Sale

Square Footage 3,714 sqft

MLS Listing ID 202545357

Style Two Story

Bedrooms 7

Full Baths 7

Abv Grd Liv Area 3,714

Total Fin. Sqft 3714

Year Built 1919

Annual Tax Amount $4,000

Tax Year 9919

Lot Size 3,484 Sqft

Property Sub-Type Apartment Building

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 County

Area La Porte County

Direction From US 12 E turn left toward Franklin St, Franklin St turns right and becomes Lake Shore Dr. Home will be on the left.

Rooms

Dining Room 0

Interior

Flooring Mixed

Appliance Building

Laundry , 4

Exterior

Amenities Available Basement

Total Parking Spaces 4

Building

Lot Description Level

Story 2

Structure Type Brick,Wood

New Construction No

Schools

Elementary Schools Lake Hills

Middle Schools Martin Krueger

High Schools Michigan City

School District Michigan City Area Schools

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202545357

IDX information provided by the Indiana Regional MLS

Listed by Kimberly Sut • Listing Leaders Executive Real Estate Group, LLC

Dawn Evans

Real Estate Broker/Realtor | RB19001118

+1(812) 327-8878

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Dawn Evans

514 Lake Shore Drive Michigan City, IN 46360

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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514 Lake Shore Drive