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17 S Lincoln Park Dr - 17 S. Lincoln Park Drive & 18 S. Weinbach Ave 0.84 Acres of Residential Land Offered at $678,150 CAD in Evansville, IN 47714
Investment Highlights
- Excellent Campus Proximity plus short walking distance to University of Evansville.
- Assembled Development Site Three parcels assembled for redevelopment with strong potential for modern student apartment community.
- High Visibility Location Frontage along South Weinbach Avenue Direct access from Lincoln Park Drive Minutes from Lloyd Expressway (Highway 66).
- Multi-story townhouse-style student apartments with private garages and contemporary design.
Executive Summary
An exceptional student housing development opportunity is available at 14 & 18 South Weinbach Avenue and 17 South Lincoln Park Drive in Evansville, Indiana, located directly adjacent to the University of Evansville campus and just south of the Lloyd Expressway. The assembled site offers outstanding visibility and accessibility with frontage on Weinbach Avenue and Lincoln Park Drive, providing an ideal location for purpose-built student housing. Preliminary planning envisions a modern multi-story townhouse-style student apartment community designed to maximize density and deliver premium student living with private garages, contemporary finishes, and walkable access to campus. Demand for quality off-campus housing near UE remains strong, and this rare assemblage of parcels presents a compelling opportunity for developers and investment partners seeking a high-demand student housing asset in a constrained supply market. The site’s proximity to campus, surrounding retail, and major transportation corridors positions the project for strong lease-up potential and long-term investment performance.
Property Facts
| Price | $678,150 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.84 AC |
| Property Type | Land | ||
| Zoning | C-1 - Use Group 1. Use permitted in the A, R-1, R-2, R-3, R-4, R-5, CO-1, and CO-2. (A) Apartment dwelling unit(s); and Multiple dwellings. | ||
| Price | $678,150 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.84 AC |
| Zoning | C-1 - Use Group 1. Use permitted in the A, R-1, R-2, R-3, R-4, R-5, CO-1, and CO-2. (A) Apartment dwelling unit(s); and Multiple dwellings. |
1 Lot Available
Lot
| Price | $678,150 CAD | Lot Size | 0.84 AC |
| Price Per AC | $807,321.43 CAD |
| Price | $678,150 CAD |
| Price Per AC | $807,321.43 CAD |
| Lot Size | 0.84 AC |
Three assembled parcels at 14 & 18 S Weinbach Ave and 17 S Lincoln Park Dr adjacent to the University of Evansville. Currently residential, offering strong redevelopment potential for student housing or higher-density use.
Description
We are seeking a co-developer for a Student Housing Opportunity Adjacent to the University of Evansville We are evaluating the development of a new student housing community located immediately adjacent to the University of Evansville at 14 and 18 South Weinbach Avenue and 17 South Lincoln Park Drive. The assembled site offers a unique opportunity to deliver high-quality, purpose-built student housing within walking distance of campus, designed specifically to meet the needs of UE students. The concept includes modern townhouse-style apartments with private bedrooms, contemporary living spaces, and structured parking, creating a safe and convenient living environment for students. Because of its proximity to campus, the project could function as a natural extension of the University’s housing ecosystem and help meet ongoing demand for quality off-campus accommodations. We would welcome the opportunity to explore collaboration with the University of Evansville, private developers that would benefit both the University and its students while enhancing the surrounding neighborhood.
Property Taxes
| Parcel Numbers | Improvements Assessment | $288,855 CAD | |
| Land Assessment | $93,978 CAD | Total Assessment | $382,834 CAD |
Property Taxes
Presented by
SILCO, LLC
17 S Lincoln Park Dr - 17 S. Lincoln Park Drive & 18 S. Weinbach Ave
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