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$650,000 Just Listed

  • For Sale
  • Active
  • Retail
  • 2,327 Sq. Ft.
  • Updated 19 hours ago
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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.

Full Property Details for 155 E Elizabeth Dr

General

  • Price: $650,000
  • Taxes: $8,241 (2024)
  • Status: Active
  • Type: Retail
  • Source: GNIAR
  • MLS ID: 833247
  • Updated: 1/26/2026
  • Added to Site: Today

Parking

  • Parking Features: Paved, Additional Parking

Location

  • County: Lake
  • Township: St. John
  • Subdivision: Spiccias Add
  • Driving Directions: East on route 30 then turn right onto Austin then a right onto Elizabeth

Heating & Cooling

  • Heating Type: Forced Air, Natural Gas

Structural Information

  • Square Feet: 2,327
  • Year Built: 1990

Lot Features

  • Lot Size (Acres): 0.574
  • Lot Size (Sq. Ft.): 25,003

Financial Considerations

  • Tax Amount: $8,241
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: SPICCIA'S ADDITION LOT #1
  • Property ID: 451115307006000036

Listed by Ellsbury Group

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Listing agents

— 155 E Elizabeth Dr —

  • Ellsbury Group

  • Ellsbury Group

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 155 E Elizabeth Dr

School District:Lake Central School Corporation
NameGradesDistance
Michael Grimmer Middle School
225 West 77th Avenue, Schererville, IN 46375
5-80.7 mi
James High Watson Elementary School
333 West 77th Avenue, Schererville, IN 46375
K-40.8 mi
Lake Central High School
8400 Wicker Avenue, Saint John, IN 46373
9-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 155 E Elizabeth Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Listed
$650,000
85.71%
MLS
1/07/2021
Sold
$350,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 155 E Elizabeth Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,280
-12%
$490,200
-5%
2023
$10,551
62%
$518,100
52%
2022
$6,495
-26%
$341,100
-17%
2020
$8,825
2%
$409,000
-3%
2019
$8,678
—
$420,800
3%
2019
$8,678
49%
$409,000
48%
2018
$5,843
9%
$276,800
3%
2017
$5,364
—
$268,100
4%
2017
$5,364
4%
$258,400
—
2016
$5,179
7%
$257,500
—
2015
$4,822
-15%
$258,300
—
2013
$5,671
3%
$257,900
—
2012
$5,528
—
$259,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Ellsbury Group

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155 E Elizabeth Drive, Schererville, IN 46375 (MLS# 833247) is a Retail property. 155 E Elizabeth Drive is currently listed for $650,000 and was received on January 26, 2026. Want to learn more about 155 E Elizabeth Drive? Do you have questions about finding other Retail real estate for sale in Schererville? You can browse all Schererville real estate or contact a Coldwell Banker agent to request more information.

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