155 E Elizabeth Drive Schererville, IN ^$ 650,000

155 E Elizabeth Drive

^$ 650,000

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Recently Listed

155 E Elizabeth Drive

Schererville, IN, 46375

^$ 650,000

Bedrooms-- Baths-- Sq 2,327

Monthly Estimate*

^$ 4,002

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Commercial Property for sale in Schererville, IN

for $650,000. This 2,327 square foot building was built in 1990 on a lot size of 0.574.

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.

Commercial Active

Price

^$ 650,000

Property Type

Commercial

Taxes

^$ 8,241

Style

Retail

Lot Size

0.574

Year Built

1990

Town/City

Schererville

County/Region

Lake

MLS | Web ID

833247

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected

Year Built 1990

Electric Circuit Breakers

Township St. John

Property Subtype Retail

Tax Year 2024

County Lake

Property Type Commercial Sale

Subdivision Name Spiccias Add

Building Features Other

Status Active

Directions East on route 30 then turn right onto Austin then a right onto Elizabeth

City Schererville

Lot Size Square Feet 25003

Listing Terms Cash Conventional

Tax Annual Amount 8241

Standard Status Active

Legal Description SPICCIA'S ADDITION LOT #1

Exterior

Parking Features Paved Additional Parking

Water Source Public

Total Parking 20

Lot Size Acres 0.574

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Cuong Le

Listing Agent

Ellsbury Group

Broker

chrisrealestatele@gmail.com

Affordability Calculator

$4,689

Per Month

Monthly Principal & Interest: $4,002
Monthly Property Taxes: $687
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Schererville, IN

Average List Price ^$501,450

Percent of Sale Price 23%

About Schererville, IN

29,837 Population

19% Since 2002

^$70,247 Median Income

41.74 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/26/2026	$650,000		Listed Price

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155 E Elizabeth Drive, Schererville, IN, 46375 is a Commercial Property for sale at $650,000 with 2,327 sqft and a lot size of 0.574. 155 E Elizabeth Drive was built in 1990. The property's zip code is 46375 which is in Schererville, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/27/2026.

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155 E Elizabeth Drive

Commercial Property for sale in Schererville, IN

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