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 ...

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

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Call Listing Agent Directly
Listing Office: Compass Indiana, LLC
Last Updated: March - 27 - 2026
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