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23 Building Residential Campus with 85 Beds

Posted By: AuctionWorks

23 Building Residential Campus with 85 Beds - 03/14/19 07:38 PM

AUCTION

Property Address: 12501 North State Road 49, Wheatfield, IN 46392

Previously Valued To: $2.8M

Minimum Bid: $1,300,000

Buyer's Premium: 4%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 101.28 Acres

Building Size: 61,155 SF

Number of Beds: 85

2017 Taxes: Tax Exempt as a Not-For-Profit

PIN #: 106-00110-00

Zoning: Agricultural (legal, non-conforming)

A unique opportunity to expand a former school housing location. It features numerous dormitories, administration/conference buildings, equestrian center, expansive farm land for hiking and outdoor sports, an indoor athletic facility with a full sized basketball court as well as a commercial kitchen with cafeteria dining infrastructure. This property is comprised of a total 101.28 acre site with 18 structures totaling 61,155 square feet of space and five small utility and storage buildings for a total of 23 structures. The property includes four administrative and a primary 11,000 sf classroom building, eight residential buildings (with a total of 85 beds), six support and maintenance buildings and five storage and equipment buildings. The site includes about 38 acres of tillable farm ground.

The property also features a fishing pond, nature walks with a ropes course and throughout the property has driveways extending to the buildings.

Potential uses may be for a behavioral treatment/rehabilitation center, kids camp, a corporate retreat or conference center.

This property is located approximately 1 hour drive from Chicago Midway International Airport, 1.5 hours from Chicago O’Hare International Airport, 1.25 hours from Fort Wayne International Airport, and 2 hours from Indianapolis International Airport, Indiana. Please see below for further information.

International airports near Wheatfield, IN
75 miles: Chicago, IL (MDW / KMDW) Chicago Midway International Airport
97 miles: Chicago, IL (ORD / KORD) Chicago O'Hare International Airport
112 miles: Fort Wayne, IN (FWA / KFWA) Fort Wayne International Airport
138 miles: Indianapolis, IN (IND / KIND) Indianapolis International Airport
160 miles: Milwaukee, WI (MKE / KMKE) General Mitchell International Airport
169 miles: Grand Rapids, MI (GRR / KGRR) Gerald R. Ford International Airport

Domestic airports near Wheatfield, IN
75 miles: Chicago, IL (MDW / KMDW) Chicago Midway International Airport
76 miles: South Bend, IN (SBN / KSBN) South Bend Regional Airport
97 miles: Chicago, IL (ORD / KORD) Chicago O'Hare International Airport
112 miles: Fort Wayne, IN (FWA / KFWA) Fort Wayne International Airport
Local airports near Wheatfield, IN
22 miles: Valparaiso, IN (VPZ / KVPZ) Porter County Municipal Airport
25 miles: Rensselaer, IN (RNZ / KRZL / RZL) Jasper County Airport
34 miles: Lowell, IN (RQL) Lowell Airport
44 miles: La Porte, IN (LPO) La Porte Municipal Airport
44 miles: La Porte, IN (WMS) La Porte Airport
45 miles: Frankfort, IL (LL40) Frankfort Airport (defunct)
47 miles: Michigan City, IN (MGC / KMGC) Michigan City Municipal Airport
49 miles: Gary, IN (GYY / KGYY) Gary/Chicago International Airport
53 miles: Plymouth, IN (PLY) Plymouth Airport
53 miles: Kankakee, IL (IKK / KIKK) Greater Kankakee Airport

**48 hours notice to schedule a private showing**

Please click the website link to view the property: 23 Building Residential Campus with 85 Beds: https://www.awproperties.com/auction/595/item/23-building-residential-campus-with-85-beds-821
Contact: Diana Peterson for additional information at dianap@awproperties.com or 312-218-6102 (cell)


AuctionWorks
707 Skokie Blvd., Suite 600
Northbrook, IL 60062
Office: (847) 509-2757

Cooperating Broker Licensed in the State of Indiana: #LC20600037

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