Specialty Purpose


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Location: 12501 North State Road 49, Wheatfield, IN, 46392
UPCOMING AUCTION  Wed, February 27 - Fri, March 01

On-Site Inspection Date & Time: Wednesday, February 20, 2019 from 10:30am-3:00pm; RSVP REQUIRED CALL 847-509-2757

Suggested Opening Bid: $1,750,000

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 approximately 1.5 hours from Chicago, Illinois and 1.5 hours from Indianapolis, Indiana.

Cooperating Broker Licensed in the State of Indiana: SVN Parke Group License #LC20600037; Michael Lunn License #RB14025544

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

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View Property Flyer (PDF)

View Zoning Map (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

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