1416 Sheffield Avenue Dyer, IN ^$ 480,000

1416 Sheffield Avenue

^$ 480,000

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1416 Sheffield Avenue

Dyer, IN, 46311

^$ 480,000

Studio Baths0.0

Monthly Estimate*

^$ 2,995

1416 Sheffield Avenue, Dyer, IN 46311 - Image 1

1416 Sheffield Avenue, Dyer, IN 46311 - Image 2

1416 Sheffield Avenue, Dyer, IN 46311 - Image 3

Studio

Lots and Land for sale in Dyer, IN

for $480,000. The lot size is 2.665.

Unleash your vision on this 2.66-acre commercial lot with 457 feet of prime frontage, surrounded by thriving businesses, new luxury townhomes, state-of-the-art hospitals, and high-traffic corridors. Zoned P400, this expansive parcel invites endless development possibilities -- from high-end retail, medical, office suites, or even a mixed-use concept.Located minutes from the Illinois border and newly expanded South Shore Line, this location offers a seamless commute to Chicago. Whether you're thinking bold or boutique, bring your ideas and elevate the Town of Dyer with something extraordinary.

Lots and Land Pending

Price

^$ 480,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 6,102

Style

Unimproved Land

Lot Size

2.665

Town/City

Dyer

County/Region

Lake

MLS | Web ID

823589

Features

General

Sewer Public Sewer

Utilities Electricity Available Water Available Sewer Available Natural Gas Available

Development Status Raw Land

Electric Other

View Neighborhood

Township St. John

Property Subtype Unimproved Land

Tax Year 2024

County Lake

Property Type Land

HOA N

Status Pending

Directions From 45th St. turn S on Sheffield.From Rt30 turn N on Sheffield.

High School Lake Central High School

City Dyer

Zoning Description Commercial

Lot Size Square Feet 116087.4

Listing Terms Cash Other

Tax Annual Amount 6102.9

Lease Considered Y/N N

Standard Status Pending

Legal Description E.255ft of NE1/4 NW1/4 S.12 T.35 R.10 Ex. S.255ft 2.665 Ac

Exterior

Lot Features Near Public Transit Rectangular Lot

Water Source Public

Lot Size Acres 2.665

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Julie MacDonald

Listing Agent

New Chapter Real Estate

Broker

juliemacdonaldrealestate@gmail.com

Affordability Calculator

$3,503

Per Month

Monthly Principal & Interest: $2,995
Monthly Property Taxes: $509
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Dyer, IN

Average List Price ^$242,892

Percent of Sale Price 49%

About Dyer, IN

16,748 Population

19% Since 2002

^$77,422 Median Income

44.39 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4001641 Elementary School

4001633 Middle School

Lake Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/2/2025	$480,000		Listed Price

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1416 Sheffield Avenue, Dyer, IN, 46311 is a Lots and Land for sale at $480,000 with a lot size of 2.665. 1416 Sheffield Avenue is a studio with 0.0 baths. The property's zip code is 46311 which is in Dyer, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/19/2025.

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1416 Sheffield Avenue

Lots and Land for sale in Dyer, IN

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