155 E Elizabeth Drive, Schererville, IN 46375
$650,000
Property Type:
Commercial Sale
Square Footage:
2,327
Lot Size (sq. ft.):
25,003
Status:
Active
Current Price:
$650,000
List Date:
1/26/2026
Last Modified:
1/26/2026
Overview
Description
Listing Details MLS# 833247
General Property Information
- Number Of Units Total
- Yes
- Living Area
- 2327
- Building Area Source
- Assessor
- Year Built
- 1990
- Parking Total
- 20
- Lot Size Acres
- 0.574
- Lot Size Square Feet
- 25003
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- No
Property Features
Building Features:
Other
Business Type:
Retail
Construction Materials:
Brick
Cooling:
Central Air
Current Use:
Retail
Electric:
Circuit Breakers
Heating:
Forced Air; Natural Gas
Listing Terms:
Cash; Conventional
Owner Pays:
All Utilities
Parking Features:
Additional Parking; Paved
Possession:
Close Of Escrow; Negotiable; Subject To Tenant Rights
Rail Availability:
None
Roof:
Other
Sewer:
Public Sewer
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
- 650000
- Property Sub Type
- Retail
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 155
- Street Direction Prefix
- E
- Street Name
- Elizabeth
- Street Suffix
- Drive
- County
- Lake
- State
- IN
- Postal Code
- 46375
- Subdivision Name
- Spiccias Add
Remarks and Miscellaneous
- Public Remarks
- Prime commercial building sits on a large 0.57-acre corner lot in Lake County, offering exceptional visibility and access with 37,000+ vehicles per day along US-30. The property features 200 feet of frontage on Elizabeth with three curb cuts, making it ideal for retail, service, or medical use. Recently remodeled within the last four years, the building boasts a new roof, parking lot, HVAC system, furnace, and updated interior, minimizing near-term capital expenses. Zoned C-3, the site allows for a wide range of commercial uses.
Status Change Information
- Major Change Timestamp
- 2026-01-26T22:01:39Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-01-26
More Information
Exemption Information
- Exemption YN
- No
Showing Requirements
- Showing Instructions
- Please call Listing Agents
Location, Tax, and Legal
- Tax Annual Amount
- 8241
- Tax Year
- 2024
- Tax Legal Description
- SPICCIA'S ADDITION LOT #1
- Parcel Number
- 451115307006000036
- Township
- St. John
- Directions
- East on route 30 then turn right onto Austin then a right onto Elizabeth
- Census Tract
- 427.02
Construction Materials
- Brick
- Yes
Cooling
- Central Air
- Yes
Electric
- Circuit Breakers
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Additional Parking
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
- Subject To Tenant Rights
- Yes
Roof
- Other
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Owner Pays
- All Utilities
- Yes
Tenant Pays
- None
- Yes
Current Use
- Retail
- Yes
Building Features
- Other
- Yes
Business Type
- Retail
- Yes
Rail Availability
- None
- Yes
Listing Office:
Ellsbury Group
Last Updated: January - 26 - 2026
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