The median home value in Michigan City, IN is $175,000.
the county median home value of $167,887.
The national median home value is $277,796.
The average price of homes sold in Michigan City, IN is $175,000.
Approximately 53% of Michigan City homes are owned,
compared to 31% rented, while
16% are vacant.
Michigan City real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Michigan City real estate agent to arrange a tour today!
Learn more about Michigan City.
Property is purchased in its as is and shown condition. First floor is finished, has wood floors and built in book cases. Second floor is unfinished. Basement for additional storage. Owner has taken good care of the property and made repairs and updates when needed. Come look at this property and see if it meets your needs. This property has so much potential. Your within ten blocks of Lake Michigan and three blocks of the new South Shore Railroad Station.
Zoned B3 commercial land with a 150x40 pole barn with 3 overhead doors.Roughly 6,000 Square feet of storage building on 2 acres located roughly on the corner of U.S. Highway 421 and 200 North. Building has concrete and gravel flooring, floor drain, one 40 foot tri-fold overhead door and 2 other overhead doors, electric, and gas on site.
Lease or own opportunity! This renovated, standalone commercial property is located in the heart of the Long Beach/Duneland Beach area in Michigan City. This one-of-kind property is ideal for retail or offices spaces positioned perfectly for valuable exposure along US Highway 12 to attract instant attention. The unique floor plan is bursting with charm with 5 separate spaces over 5,000 square feet - excellent leasing opportunity and option - can lease entire building or 5 separate spaces.
PRICE INCLUDES BOTH THE PROPERTY AND THE WELL-ESTABLISHED TURN-KEY BUSINESS. This iconic 2,583sf building is situated on the corner of Franklin and 8th Streets in the Uptown Arts District. This prime location offers many opportunities with close proximity to historical sites, Lake Michigan beaches, Washington Park Zoo, and the South Shore double-track project that is currently underway! Station 801 Restaurant & Cedar Sub Shop owners are ready to retire, after years of earning a steady income from this business. WELL-MAINTAINED building and equipment, plus newer roof and HVAC. This exceptional location could also be repurposed for a new business - so many possibilities. A MUST SEE!
Excellent location for a large office user or potential income property. 2 story 10,144 SF office building located on Hwy 20 less than 10 minutes from downtown Michigan City. Building is separately metered and could easily be divided and leased to separate tenants. There are 20 private offices, 3 conference rooms, 4 private restrooms, a break room with kitchen, server room, and multiple storage rooms. The building sits on 4.27 acres and currently has 33 parking spaces. 2021 pay 2022 taxes $6,168.44. Call to schedule your showing today.
Almost 5,500 square feet of commercial space one lot off of Michigan Blvd. Currently used as a church, this building has potential to serve many other purposes. Featuring illuminated signage facing Michigan Blvd, two washrooms, prep kitchen, office space, 10' exterior door opening, and a front vestibule. Additional connecting lot to the north of the buildings. All municipal services are connected. Schedule a tour and find the next use of this huge space.
Beyond Unique Commercial Opportunity, three structurally significant boat slips, one covered,on Trail Creek leadingto Lake Michigan include land for your improvements, ideal for kayak/jet ski/boat rental, cabanas, yacht club, your marina residence or....Natural gas, electric, city water and sewer.Property in Enterprise Zone. See map and details in PHOTOS.
Special opportunity for a single investor or investment group to get in on this fine collection of rental homes in Michigan City, plus a few in Laporte & Westville. Featuring 63 total rental units and 2 lots. This is of the emerging housing markets in Northwest Indiana with the South Shore NICTD double tracking project and transit oriented development already taking place in Michigan City. These 31 SF residences, 10 duplexes, 3 four-unit buildings + 2 lots have been assembled by over multiple generations, and proudly maintained and improved. Tremendous cash flow and potential equity value upside with a buy/hold/divest plan. Given their condition, they've historically been very easy to lease. Cap rate is 7.4. Most units have W&D hookup, tenants supply own W&D. Tenants responsible for all utilities, which are separated even in the multi units. Landlord cares for the grass and landscape in the Multis, SF tenants care for their own lawns. POF/banker letter required.
NEW PRICE!! TURN KEY, LONG ESTABLISHED BAR! Here is your chance to own a well established bar in Michigan City with a 3 way liquor license with carry out. Building is located just minutes from the new double track South Shore train station. The bar offers a nice, clean, kitchen with plenty of prep space and cookers to offer any food you may want. The building also houses a 2 bed and 1 bath upper apartment that generates great extra cash flow. The apartment can easily be converted back into a 3 bedroom by simply adding one wall. Separate business office is also located upstairs. Main level has extra storage area for supplies and inventory. Parking will never be an issue as a large paved parking lot is included in addition to street parking along the building. Sale includes complete business and building. Great visibility on a corner lot located on heavy traveled city street. Schedule a showing today and become YOUR OWN BOSS!
Use your imagination with this PRIME Downtown Michigan City location. On the corner of Franklin and Superior this property will catch a lot of eyes. The Large window displays have a ton of potential to showcase your business (e.g. retail, office, restaurant, etc), with the many passerby's on Franklin. The main floor has large rooms, plumbing for a kitchen and a bathroom. The upper level is currently a successful Short Term Rental and has a large floor plan with updated kitchen, cathedral ceilings. A nice upper deck, shed and back yard beautifully decorated backyard. You can continue to use it as a Short Term Rental, use it for Yourself or get a long term tenant.
A TRUE MICHIGAN CITY STAPLE - Now is the opportunity to own this wonderful restaurant/bar in a prime corner lot location with great traffic from Hwy 20 & Johnson Road. Hammer's has been turning out amazing food, drinks, and atmosphere for decades within the Michigan City & Trail Creek community. Dining and Bar area has all new flooring, tables, and chairs. The property includes a large updated Kitchen, updated Bar, 2 walk-in food coolers, 1 walk-in beverage cooler, waitress station, brand new POS systems, a Banquet Hall in the basement with an additional full Bar, spacious outdoor patio area, ADA compliant entry, and a full capacity of over 230 people (100 main level, 70 banquet, 60 patio). Property is being sold turn-key with all kitchen equipment, all bar equipment, POS, Security, tables, chairs, linens, table settings, and a very hard to find 3-WAY LIQUOR LICENSE. Parking lot for 35+ cars. If you are looking for a restaurant with great history and incredible exposure, this is it!
OVER 3.5 ACRES LOCATED ON US HIGHWAY 20. THIS MOTEL & PROPERTY HAVE UNLIMITED POTENTIAL - still operated as a PROFITABLE motel since 1952! Not far from the major intersection of Hwy. 421 & 20, with over 300 feet of frontage, this property's size and location substantially improves it's VALUE. The 26-unit motel includes 4 apartments (large on-site living quarters has 3 bedrooms). The building is solid, and has a substantial wrap-around driveway with parking. Current owner is retiring.
BEAUTIFULLY PRESENTED, VIBRANT LOCATION for this prized gem in your investment portfolio. A turnkey, multi-unit commercial property is in the heart of the booming Michigan City's downtown area.This classic building has been brought into modern times completely renovated in 2020 and 2021 from floor to ceiling. Perfectly positioned on a corner site that has high visible frontage on the main street of all main streets, Franklin St. and within the MC Enterprise Zone. You will find intelligent updates throughout; 2-stage variable speed high-efficiency furnaces, 3 phase electric, all LED lighting, closed-cell insulation and many more advanced features to finish this impressive property that will leave you worry-free for years to come. Feel secure with an optometric practice established in 1924 and an innovative salon as successful, long-term tenants. A high-return option and opportunity to acquire a proven income-generator in an established area today!
WELL MAINTAINED 7 unit apartment building with commercial unit in the back! All units offer nice high ceilings which make the spaces feel large and airy. All mechanics in each unit are updated. It's rare to see such a well taken care of complex. Check out floor plan to see how units are split. Within walking distance to stores and restaurants which makes it an ideal location for renters.Located 2 miles from Washington Park Beach, Marina and Zoo. Only a 1 hour drive to Chicago. New train track (currently in construction) with express train to Chicago is located close as well. Call to schedule your showing today! PLEASE SEE MLS LISTING 510084 (Multi Unit) for more information.
DEVELOPMENT AND INVESTMENT OPPORTUNITY! Located in MICHIGAN CITY ENTERPRISE ZONE AND OPPORTUNITY ZONE. Zoned R3B (Multi-Unit, Mixed Use).TIF dollars are available. Building and .62 acres are located at the intersection of Michigan Boulevard & Pine Street. The building was previously the Social Security office and is currently used as a church. It has a blacktop parking lot with 20 parking places. The property sits within walking distance to Lake Michigan, theOutlet Mall, Trail Creek Marina and Blue Chip Casino. This property is located across the street from a new multi-unit complex.
Business and Real Estate for sale - Established Six Month Home and Garden Market in Michigan City: 2021 total revenue $253k from store+two local farmers markets. Five year average annual revenue: $207k. Not bad for a six month seasonal operation. Established farmers market and garden center business offered for sale. Documented growth: 2019 sales: $210k, 2020 sales: $238k. Rare contiguous three lots on ideally situated corner with excellent visibility directly across from Lighthouse Place Premium Outlet mall, within the historic Uptown Arts District and CBD of Michigan City. .Existing building has approx 1705sf, with walk-in cooler, kitchen prep area, concrete floors and two roll-up garage doors to open plan, high-ceiling interior. Now that South Shore rail double-track project has been fully approved, expectations are high for Michigan City growth, since commute will be <1 hour to Chicago. See duplicate listing for real estate only, offered at $325,000.
Rare contiguous three lots on ideally situated corner with excellent visibility directly across from Lighthouse Place Premium Outlet mall, and within the historic Uptown Arts District and CBD of Michigan City. Current business (seasonal retail garden center, available separately) shows strong traffic and repeat customers. Existing building has approx 1705sf, with walk-in cooler, kitchen prep area, concrete floors and two roll-up garage doors to open plan, high-ceiling interior, that would make a dramatic dining area. New owner can purchase existing business and expand, or maximize the character of the site for outstanding restaurant location with excellent indoor/outdoor patio potential, or develop the lot to its full potential. Now that South Shore rail double-track project has been fully approved, this is an ideal investment site. Business and real estate available - #507190.
GREAT INVESTMENT PROPERTY In the Indiana Dunes Lakeshore. Custom Built 3250sq.ft. Ranch style all brick and stone home/office. 4 bedrooms 2.5 baths with a basement that has a wood burn stove. Home has many possibilities for expansion. Layout is like a duplex, office has separate entrance. Can be Related living. Property boarders the IN. Dunes Lake Shore. Professional office zoned commercial. Can be Dr. office, Ins., B&B, or vacation home. LIVE AND WORK AT HOME in the beautiful Dunes. Kitchen/dining rm. open concept. Granite with with a breakfast island. Lrg living room with newer carpet and Quartz stone fire place w/ wood burner stove insert. Views of the pond and wooded area of yard. Lots of nature. Oak flooring thru out home. Large main bedroom with 2 closets. Bath next to bedroom. Updated bath with cultured granite top and white cabinet. 4 car detached garage, 3.4 a/c.with pond. Bike to Bev.Shores S.S. Station and Lake Beach. Min.to Hwys.