Prime investment opportunity near beautiful Cedar Lake! This 4-unit fixer-upper includes three 1-bedroom units and one 2-bedroom unit, all with incredible potential for upgrades. This property is perfect for investors looking to add value in a sought-after area with strong rental demand. Don't miss out on this chance to invest in a location that offers both charm and opportunity. Please present any offer. Sellers will take a look at any offer.
The median home value in Cedar Lake, IN is $337,000. This is higher than the county median home value of $207,000. The national median home value is $338,100. The average price of homes sold in Cedar Lake, IN is $337,000. Approximately 69.71% of Cedar Lake homes are owned, compared to 18.07% rented, while 12.23% are vacant. Cedar Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cedar Lake real estate agent to arrange a tour today!
Cedar Lake, Indiana has a population of 13,725. Cedar Lake is less family-centric than the surrounding county with 26.79% of the households containing married families with children. The county average for households married with children is 27.11%.
The median household income in Cedar Lake, Indiana is $73,611. The median household income for the surrounding county is $62,052 compared to the national median of $69,021. The median age of people living in Cedar Lake is 39.2 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 39.9 inches per year, with 26.1 inches of snow per year.