For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 8635 N 300 W in Lake Village, Indiana is a ±3.327-acre vacant commercial development site positioned for redevelopment, owner-user construction, or long-term investment. The former ±9,320-square-foot Family Dollar building was demolished following tornado damage in March 2026, while the existing slab and foundation remain in place and may support a similar-footprint redevelopment, subject to buyer verification and applicable approvals. The Property also retains 69 surface parking spaces, two access points, on-site utilities, pylon signage, and substantial frontage, including approximately 643 feet along C.R. 866 North. The site benefits from visibility from US Highway 41, which carries ±5,653 VPD, and is approximately 15 minutes from I-65 and five miles from the Indiana/Illinois state line. Zoned B-2, General Business District, the Property supports a range of commercial concepts, subject to applicable requirements. Located within the broader Chicago market area, the site is approximately 90 minutes from Chicago, two hours from Indianapolis, and 2.5 hours from Milwaukee. Within five miles, the surrounding trade area includes more than 3,800 residents with average household income exceeding $90,000.
Due Diligence
Location
Lake Village is a Northwest Indiana community in Newton County near the Illinois state line and within the broader Chicago market area. US-41 provides direct regional connectivity, while I-65 is approximately 15 minutes away. The location offers access to Chicago, Indianapolis, and Milwaukee while serving nearby agricultural, manufacturing, logistics, and service-based communities.
Transaction Managers
Platform Fee
Buyer pays a minimum platform fee of 5% or $20,000 at closing.
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.