Finding an investment property with location, consistent rental demand, and long-term appreciation potential is becoming increasingly difficult. That's why 514 Lake Shore Drive in Michigan City deserves your attention.
Located just one block from the sandy beaches of Lake Michigan, this fully occupied 7-unit apartment building offers investors an opportunity to own income-producing real estate in one of Northwest Indiana's fastest-growing lakefront communities.
Whether you're expanding your investment portfolio, completing a 1031 Exchange, or looking for a property with future appreciation potential, this Sheridan Beach investment checks all the boxes.
Why Investors Love This Property
✔ One Block from Lake Michigan
✔ Located in Highly Desirable Sheridan Beach
✔ Strong Rental Demand
✔ Opportunity for Future Rent Growth
✔ Near Restaurants, Marina, Beach, Casino & Entertainment
Incredible Location
Location is everything in real estate—and this property delivers.
Just minutes away you'll find:
- Sheridan Beach
- Washington Park
- Michigan City Marina
- Blue Chip Casino
- Uptown Arts District
- South Shore Line with direct service to Chicago
This location attracts year-round residents, commuters, healthcare professionals, seasonal employees, and visitors looking to enjoy everything Michigan City has to offer.
An Investment That Continues Working For You
Unlike many investment properties that require immediate vacancy or renovations before producing income, this property already offers established occupancy.
The combination of multiple rental units and a premier lakefront location creates an investment positioned for long-term appreciation while generating rental income today.
Growing Michigan City Market
Michigan City continues to attract significant public and private investment, bringing new businesses, tourism, restaurants, and redevelopment throughout the lakefront district.
Properties within walking distance of Lake Michigan continue to be among the area's most desirable real estate investments.
Inventory this close to the beach is extremely limited.
Schedule Your Private Investment Tour
Photos never tell the entire story.
Walk the property, explore the surrounding neighborhood, experience the short walk to the beach, and see firsthand why investors continue targeting Sheridan Beach.
If you've been waiting for a Northwest Indiana investment property that combines location, rental income, and long-term upside, this may be the opportunity you've been looking for.
📞 Kimberly Sut Group
(219) 789-1987
Serving Northwest Indiana Investors
Call today before this rare lake-area investment is gone.