137 E Joliet Street, Schererville, IN 46375 (MLS# 822782)

137 E Joliet Street, Schererville, IN 46375

$720,000

Property Type: Commercial Sale Square Footage: 11,414 Lot Size (sq. ft.): 31,200 Status: Closed

Current Price: $720,000 List Date: 6/19/2025 Last Modified: 3/27/2026

Overview

Description

Multi-Generational Business is RELOCATING, allowing for an exclusive opportunity to own three adjacent, commercially zoned parcels, featuring 200 feet of frontage on Joliet Street in downtown Schererville. The property includes a three-story office building totaling 4,616 square feet, a 5,670 square foot warehouse building, and an additional 1,128 square foot office building. Each parcel also provides dedicated parking. The C-2 zoning offers considerable flexibility for a diverse range of business uses. Its prime location in Schererville, approximately 28 miles southeast of Chicago, ensures excellent visibility and convenient access. Furthermore, the property holds the potential for inclusion in Schererville's Riverfront District and is located only a few miles from the ongoing Kennedy Avenue & US 30 expansion project. This represents an ideal opportunity to establish or expand your business within a thriving community. Inquire today for further details and to obtain specifics on each ... (Read more)

Listing Details MLS# 822782

General Property Information

Number Of Units Total: 3
Living Area: 11414
Building Area Source: Appraiser
Year Built: 1956
Year Built Details: 133 E Joliet built in 1949, 137 E Joliet built in 1956, 141 E Joliet built in 1913 with addition in 1965
Parking Total: 36
Lot Size Acres: 0.7163
Lot Size Square Feet: 31200
Lot Size Source: Appraiser
Waterfront YN: No
Basement YN: No
Stories: 3

Property Features

Appliances: Microwave; Refrigerator Building Features: Lunch Room; Meeting Room; Private Restrooms; Other Business Type: Professional/Office; Warehouse Construction Materials: Aluminum Siding; Brick; Vinyl Siding Cooling: Central Air Current Use: Commercial; Office; Warehouse Electric: 200+ Amp Service Exterior Features: Balcony Flooring: Carpet; Concrete; Tile; Other Heating: Forced Air; Natural Gas Listing Terms: Cash; Conventional Lock Box Information: Call Listing Office Lot Features: Paved Owner Pays: All Utilities; Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Snow Removal; Taxes; Telephone Parking Features: Alley Access; Asphalt; Garage Faces Side; Gravel Possession: Negotiable Possible Use: Automotive; Investment; Mixed Use; Office; Retail; Warehouse Rail Availability: None Roof: Asphalt; Metal; Shingle Security Features: Security System; Smoke Detector(s) Sewer: Public Sewer Special Licenses: Other Special Listing Conditions: None Tenant Pays: None Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Auction YN: No
Original List Price: 999900
Property Sub Type: Warehouse
Listing Agreement: Exclusive Right To Sell
Seller to consider offering concessions: Yes
Common Interest: Planned Development
Owner Name: Owner Of Record
Occupant Type: Owner

Location Tax and Legal

Street Number: 137
Street Direction Prefix: E
Street Name: Joliet
Street Suffix: Street
County: Lake
State: IN
Postal Code: 46375

Remarks and Miscellaneous

Public Remarks: Multi-Generational Business is RELOCATING, allowing for an exclusive opportunity to own three adjacent, commercially zoned parcels, featuring 200 feet of frontage on Joliet Street in downtown Schererville. The property includes a three-story office building totaling 4,616 square feet, a 5,670 square foot warehouse building, and an additional 1,128 square foot office building. Each parcel also provides dedicated parking. The C-2 zoning offers considerable flexibility for a diverse range of business uses. Its prime location in Schererville, approximately 28 miles southeast of Chicago, ensures excellent visibility and convenient access. Furthermore, the property holds the potential for inclusion in Schererville's Riverfront District and is located only a few miles from the ongoing Kennedy Avenue & US 30 expansion project. This represents an ideal opportunity to establish or expand your business within a thriving community. Inquire today for further details and to obtain specifics on each parcel.

Status Change Information

Major Change Timestamp: 2026-03-27T18:36:16Z
Major Change Type: Status Change
Price Change Timestamp: 2025-12-11T17:42:35Z
Status Change Timestamp: 2026-03-27
Offer Acceptance Date: 2026-01-23
Close Date: 2026-03-27
Close Price: 720000
Concessions: No
Buyer Financing: Conventional

More Information

Building Features

Office SqFt: 5744
Overhead Doors: 6
Lunch Room: Yes
Meeting Room: Yes
Private Restrooms: Yes
Other: Yes

Exemption Information

Exemption YN: No

Showing Requirements

Showing Instructions: Call Listing Agent Directly

Location, Tax, and Legal

Tax Annual Amount: 9816.16
Tax Year: 2024
Tax Legal Description: Schererville W2 of L.3 BL.22 All L.4 BL.22; Schererville L.5 BL.22; Schererville BL.22 Lot 2 & E.1/2 Lot 3
Parcel Number: 451115106008000036
Additional Parcels YN: Yes
Additional Parcels Description: 451115106010000036; 451115106007000036
Zoning Description: Commercial
Township: St. John
Directions: Rt. 30 to Joliet Street East, Destination on the South side of the street.
Cross Street: Austin Avenue

Appliances

Microwave: Yes
Refrigerator: Yes

Construction Materials

Aluminum Siding: Yes
Brick: Yes
Vinyl Siding: Yes

Cooling

Central Air: Yes

Electric

200+ Amp Service: Yes

Exterior Features

Balcony: Yes

Flooring

Carpet: Yes
Concrete: Yes
Tile: Yes
Other: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lock Box Information

Call Listing Office: Yes

Lot Features

Paved: Yes

Parking Features

Alley Access: Yes
Asphalt: Yes
Garage Faces Side: Yes
Gravel: Yes

Possession

Negotiable: Yes

Roof

Asphalt: Yes
Metal: Yes
Shingle: Yes

Security Features

Security System: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

None: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

City: Yes

Water Source

Public: Yes

Owner Pays

All Utilities: Yes
Exterior Maintenance: Yes
Grounds Care: Yes
HVAC Maintenance: Yes
Insurance: Yes
Snow Removal: Yes
Taxes: Yes
Telephone: Yes

Tenant Pays

None: Yes

Current Use

Commercial: Yes
Office: Yes
Warehouse: Yes

Possible Use

Automotive: Yes
Investment: Yes
Mixed Use: Yes
Office: Yes
Retail: Yes
Warehouse: Yes

Business Type

Professional/Office: Yes
Warehouse: Yes

Rail Availability

None: Yes

Special Licenses

Other: Yes

Listing Office: Compass Indiana, LLC

Last Updated: March - 27 - 2026

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