228 E Lincoln Highway, Schererville, IN 46375
Lake County
Key Facts
Description
HIGH-VISIBILITY COMMERCIAL DEVELOPMENT OPPORTUNITY in the heart of Schererville, Indiana. This approximately 1.39-acre (60,374 square foot) vacant commercial parcel is zoned C-3 Commercial and features approximately 150 feet of frontage along the highly traveled Lincoln Highway corridor. With estimated traffic counts of 77,000 to 79,000 vehicles per day, this property offers exceptional visibility and exposure for a variety of commercial uses. All utilities are available, and the site provides convenient ingress and egress directly from Lincoln Highway. Strategically positioned near major retailers, restaurants, professional services, and established businesses, this location offers an excellent opportunity for developers, investors, or businesses seeking a prominent presence in one of Northwest Indiana's most active commercial markets. The flexible C-3 zoning, strong traffic exposure, available utilities, and prime location create an outstanding opportunity to bring your commercial vision to life. Buyers are encouraged to verify permitted uses, zoning requirements, and development guidelines with the Town of Schererville. A rare opportunity to acquire a development-ready commercial parcel with exceptional visibility along one of the region's busiest corridors.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
1.39 acres
MLS® Listing#
841981
Property Features
Lot Features
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$6,990
Tax year 2024
Assessed Value
$415,800
Parcel Number
451115326018000036
Directions
U.S. Highway 30 westbound just before Austin
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Schererville, IN
- $360,000
- Median Listing Price
- 41
- Median Days on Market
- 1,983
- Median Sq Ft
- $173
- Median Price / Sq Ft
- 76
- Active Listings
- This home’s price is 31% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Schererville, IN.
Location
Points of Interest in Schererville, IN
Showing the Schererville area map.
Nearby Schools
Peace Lutheran Church
Elementary · 0.6 mi away
Homan Elementary School
Elementary · 0.6 mi away
St Michael School
Elementary · 0.6 mi away
Peifer Elementary School
Elementary · 0.6 mi away
Campagna Academy
School · 0.7 mi away
Hammond Baptist Junior High School
Secondary · 0.8 mi away
James H Watson Elementary School
Elementary · 0.9 mi away
Grimmer Middle School
Secondary · 0.9 mi away
Child Zone Learning Academy
School · 1.5 mi away
Lake Central High School
Secondary · 1.9 mi away
Kolling Elementary School
Elementary · 2.1 mi away
Forest Ridge Academy
School · 2.3 mi away
Clark Middle School
Secondary · 2.6 mi away
St. John the Evangelist School
School · 2.8 mi away
Franklin Elementary School
Elementary · 2.9 mi away
Faith Academy
School · 3.2 mi away
Beiriger Elementary School
Elementary · 3.2 mi away
Griffith Senior High School
Secondary · 3.3 mi away
St. Mary Catholic School
School · 3.3 mi away
Griffith Public Schools
School · 3.4 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 716 Moraine Trace 3, Schererville, IN | $175,000 | 2 | 1 | 970 |
| 677 Us-41, Schererville, IN | $180,000 | — | — | — |
| 321 Deerpath Drive 109, Schererville, IN | $189,000 | 2 | 1 | 1,200 |
| 854 Jordan Circle, Schererville, IN | $189,900 | 2 | 2 | 1,344 |
| 1026 Willowbrook Drive, Schererville, IN | $195,000 | — | — | — |
| 245 W Joliet Street 103, Schererville, IN | $195,000 | 2 | 2 | 1,269 |
Moving Cost Estimate
EXIT Agents in Schererville
Listing Courtesy: Epique Realty - 3178000950
Presented by: Maurice Cornett
Last Updated: 2026-07-09