Munster Land Development

651 W 45th Ave Munster, IN 46321

651 W 45th Ave, Munster, IN, 46321
651 W 45th Ave, Munster, IN, 46321
Property Type:
Commercial Land Development
Last Verified:
Nov 21, 2020


  • One of the last available development sites in Munster
  • Near Indiana/Illinois Stateline
  • 5 Minute drive to I-80/94 & Calumet Ave Interchange
  • Premiere Medical User Market
  • Near new Centennial Village Development


This is one of the last vacant commercial development land sites available in Munster. The property has over 5 acres of land available to build upon. The site offers the ability to build in Northwest Indiana's premiere choice for medical users and is located from the new mixed use development, Centennial Village.
The land site is also located near Munster's favorite gathering spots, Centennial Park. At the park they host festivals, outdoor movies, concerts, art fairs and farmer's markets as well as a premiere golf course, playground, dog park, fitness trails and fishing ponds.

Located just west of the corner of 45th Ave & Calumet Ave in Munster, IN. Munster is a town located in North Township in Lake County, Indiana. This bedroom community lies in the Chicago metropolitan area, approximately 30 miles southeast of the Chicago Loop, and shares municipal boundaries with Hammond to the North, Highland to the East, Dyer & Schererville to the South and Lansing/Lynwood directly West of the Illinois border. The 2010 U.S. Census count the town's population at 23,603.

Lot Size: 5.33 acres

Map of 651 W 45th Ave, Munster, IN, 46321

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.