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  • 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

    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.
    82 days
    |
    246
    |
    23
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    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#: 26017646MLS Logo

      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

        DateEventPrice
        6/25/2026Price change$25,920-10%
        Source: MichRIC #26017646 Report a problem
        5/27/2026Price change$28,800-10%
        Source: MichRIC #26017646 Report a problem
        5/8/2026Listed for sale$32,000
        Source: MichRIC #26017646 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 49120

        Getting around

        29 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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