7701 Taft Odd Add South St, Merrillville, IN 46410

Each home on their each individual 2 or 2+ acre parcel ready to be sold separately but being sold as a whole.Addresses 7701,7703,7705,7707 Taft. Perfectly prime for development. Nearly 10 acres. The front portion along Taft St. is zoned (C2 ex: stripmall, office, retail): the back portion is zoned for Medium or possibly HIGH DENSITY (R5) which means potentially 120+ condo/retirement units/Multi-family ( and 5+ strip mall unit. Utilities are at the site. Also 3 homes that are fully occupied all on separate parcels ( with 2+ acres each) bring in over $2400 a month in rents. Collect rents while you develop - supported parcel. Projected value for new 2 bedroom condo units would range between 200k-230k each(take a look at Brookstone development just a few blocks to the North 120 condo units sold/selling at $120k+ avg. a piece over 10years ago) ex: 120x$120,000 = $14,000,000