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Listed price in listed location currency (USD).
$995,000

770

MLS® 830554

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 3714 sqft
Garage No
HOA Fees $1
Taxes $9,675
Days Active 74
Approx. Age 1919
Avg. Price Per Sqft $267
MLS® Number 830554

Property Address: 514 Lake Shore Dr, Michigan City, IN, 46360-8511

Average square foot calculated using Size range provided by listing agent.

Description

Nvestors--Income Opportunity in Sheridan Beach! Welcome to 514 Lakeshore Drive, Michigan City, located in the desirable Sheridan Beach neighborhood, just one block from Lake Michigan. This DSCR-friendly property offers strong potential for long-term rental income, short-term rental use (buyer to verify), or portfolio growth. Consistent rental demand is supported by proximity to Sheridan Beach, Washington Park, the marina, Uptown Arts District, Blue Chip Casino, and the South Shore Train Station, offering convenient access for commuters to Chicago. Ideal for cash, DSCR, or portfolio investors seeking an income-producing property in one of Northwest Indiana's most sought-after lakefront areas.
MLS® Number830554
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1919
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 8, 2025List Date
$995,000List Price
  • Commute

Commute

Starting Address
Destination Address
514 Lake Shore Dr, Michigan City, IN

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