Rare 7-Unit Investment Opportunity in Sheridan Beach! Just one block from the shores of Lake Michigan, this fully occupied Studio units offers investors the chance to own an income-producing property in one of Northwest Indiana's most sought-after lakefront neighborhoods. All seven one-bedroom units are occupied, with tenants paying utilities, providing immediate rental income. Located minutes from Sheridan Beach, Washington Park, the marina, Uptown Arts District, Blue Chip Casino, and the South Shore Line with direct access to downtown Chicago, this property benefits from strong rental demand and exceptional long-term appreciation potential. Whether you're expanding your portfolio, completing a 1031 exchange, or seeking a premier Northwest Indiana investment, opportunities like this are increasingly rare. Schedule your private showing today and see why Sheridan Beach remains one of Michigan City's most desirable investment locations.
Listed By
Agency Name: Listing Leaders Executive RE
Agency Phone: (219) 669-6081
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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514 Lake Shore Drive, Michigan City, IN 46360.
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514 Lake Shore Drive | MLS# 830554
This multi-family property located at 514 Lake Shore Drive, Michigan City, IN 46360 is currently listed for sale with an asking price of $899,000. Lake Shore Drive is located within the Michigan City school district. Search Michigan City real estate on www.coldwellbanker1stchoice.com today.