Rarely does a shovel-ready acre become available within the City of Niles with this level of flexibility. Located at 1015 Lake Street, this flat, 1.009-acre parcel is officially zoned Neighborhood Center (NC), allowing for unique development opportunities ranging from professional offices to multi-family housing. The land is largely cleared and ready for immediate construction, featuring approximately 110 feet of road frontage and a deep 400-foot lot line. All city utilities--municipal water, sewer, and electric--are available at the street, and the property currently benefits from low holding costs with residential vacant tax rates.
The location offers excellent regional connectivity, situated just minutes from US-31 and US-12 for fast travel to South Bend, Notre Dame, and the Lake Michigan shoreline. Nearby, residents and patrons can enjoy local favorites like Riverfront Park, which hosts the annual Bluegrass Festival and summer concerts, as well as convenient shopping at Walmart, Tractor Supply, and downtown dining. This parcel represents a versatile and affordable opportunity in the 49120 zip code for an investor or builder looking to establish a presence in a growing mixed-use corridor.
Active
Price cut: $2.9K (6/25)
$25,920
1015 Lake St, Niles, MI 49120
--beds
--baths
1.02Acres
Land
Built in ----
1.02 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 127 days
- 207
- 17
Zillow last checked:
Listing updated:
Listed by:
The Rudlaff Group 269-635-4425,
Century 21 Affiliated 269-588-5055,
Victoria Knight 269-635-4425,
Century 21 Affiliated
Source: MichRIC,MLS#: 26017646
Facts & features
Property
Lot
- Size: 1.02 Acres
- Dimensions: 111 x 402
- Features: Level, Sidewalk
Details
- Parcel number: 117154600006001
- Zoning description: NC
Utilities & green energy
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Phone Available, None
Community & HOA
Location
- Region: Niles
Financial & listing details
- Tax assessed value: $2,173
- Annual tax amount: $326
- Date on market: 4/24/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,308/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $25,920-10% |
Source: | ||
| 5/27/2026 | Price change | $28,800-10% |
Source: | ||
| 5/8/2026 | Listed for sale | $32,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $326 | $7,700 +45.3% |
| 2024 | -- | $5,300 -14.5% |
| 2023 | -- | $6,200 |
| 2022 | $123 | $6,200 +21.6% |
| 2021 | -- | $5,100 +45.7% |
| 2020 | $120 +2% | $3,500 +9.4% |
| 2019 | $118 +2.1% | $3,200 -5.9% |
| 2018 | $115 +23.1% | $3,400 +9.7% |
| 2017 | $94 -81.1% | $3,100 +82.4% |
| 2016 | $496 +277.5% | $1,700 -61.4% |
| 2015 | $131 | $4,400 |
| 2014 | -- | $4,400 |
| 2013 | -- | $4,400 |
| 2012 | -- | $4,400 +2.3% |
| 2011 | -- | $4,300 -10.4% |
| 2010 | -- | $4,800 -28.4% |
| 2009 | -- | $6,700 |
| 2008 | -- | $6,700 |
| 2007 | -- | $6,700 -26.4% |
| 2006 | -- | $9,100 +2.2% |
| 2005 | -- | $8,900 +4.7% |
| 2004 | -- | $8,500 +1.2% |
| 2003 | -- | $8,400 +5% |
| 2002 | -- | $8,000 +5.3% |
| 2001 | -- | $7,600 |
Find assessor info on the county website





