retail property for sale freestanding restaurant space- … · 2019-10-16 · co-founder/senior...
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Retail Property For Sale Freestanding Restaurant Space- Schererville IN
1120 LINCOLN HIGHWAY, SCHERERVILLE, IN 46375
BRETT MCDERMOTT
Co-Founder/Senior Vice President219.864.0200bmcdermott@latitudeco.com
MYLES RAPCHAK
219.864.0200
mrapchak@latitudeco.com LATITUDECO.COM
For more information, please contact:
FREESTANDING RESTAURANT SPACE- SCHERERVILLE IN1120 Lincoln Highway, Schererville, IN 46375
E X E C U T I V E S U M M A R Y
• 2 •LATITUDECO.COM
BRETT MCDERMOTTCo-Founder/Senior Vice President219.864.0200bmcdermott@latitudeco.com
MYLES RAPCHAK
219.864.0200
mrapchak@latitudeco.com
PROPERTY HIGHLIGHTS• Former restaurant space for sale in Schererville, IN• Located directly on US 30, less than 1/4 mile from US 41• 1200 SF building sitting on over 2 acres• Zoned C-3 Highway Commercial• Hood system and some small equipment still in place
OFFERING SUMMARY
Sale Price: $349,000
Lot Size: 2.23 Acres
Year Built: 1960
Building Size: 1200 SF
Zoning: C-3 HighwayCommercial
• 3 •LATITUDECO.COM
BRETT MCDERMOTTCo-Founder/Senior Vice President219.864.0200bmcdermott@latitudeco.com
MYLES RAPCHAK
219.864.0200
mrapchak@latitudeco.com
PROPERTY DESCRIPTION
Former restaurant space now available for sale in Schererville, IN.The subject property is approximately 1,200 SF and sits on over 2acres of land directly on US 30, just 1/4 mile west of US-41("Crossroads of America"). The property has been run as arestaurant for over 20 years and has some small equipment still inas well as a hood system. There is plenty of land to expand as wellas outdoor seating for customers. The property is zoned C-3Highway Commercial and has a pylon sign on the property withmaximum visibility to over 30,000 vehicles per day on US 30
LOCATION DESCRIPTION
Schererville is a town in St. John Township, Lake County, Indiana.It is part of the Chicago MSA. Long before Indiana became a state,long before the founding of Schererville, people called this place the"Crossroads." Many residents of Schererville commute to work indowntown Chicago due to the city's proximity. Schererville is hometo one of Northwest Indiana's premiere retail trade areas.
FREESTANDING RESTAURANT SPACE- SCHERERVILLE IN1120 Lincoln Highway, Schererville, IN 46375
P R O P E R T Y D E S C R I P T I O N
• 4 •LATITUDECO.COM
BRETT MCDERMOTTCo-Founder/Senior Vice President219.864.0200bmcdermott@latitudeco.com
MYLES RAPCHAK
219.864.0200
mrapchak@latitudeco.com
FREESTANDING RESTAURANT SPACE- SCHERERVILLE IN1120 Lincoln Highway, Schererville, IN 46375
L O C A T I O N M A P S
• 5 •LATITUDECO.COM
BRETT MCDERMOTTCo-Founder/Senior Vice President219.864.0200bmcdermott@latitudeco.com
MYLES RAPCHAK
219.864.0200
mrapchak@latitudeco.com
FREESTANDING RESTAURANT SPACE- SCHERERVILLE IN1120 Lincoln Highway, Schererville, IN 46375
R E T A I L E R M A P - D O Z E L L I S
• 6 •LATITUDECO.COM
BRETT MCDERMOTTCo-Founder/Senior Vice President219.864.0200bmcdermott@latitudeco.com
MYLES RAPCHAK
219.864.0200
mrapchak@latitudeco.com
POPULATION 1 MILE 3 MILES 5 MILES
Total Population 7,709 52,828 146,254
Median age 42.5 41.9 40.3
Median age (Male) 40.6 40.5 38.8
Median age (Female) 44.9 43.6 41.9
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 3,193 20,345 54,609
# of persons per HH 2.4 2.6 2.7
Average HH income $79,288 $86,053 $81,216
Average house value $229,381 $231,790 $212,832
* Demographic data derived from 2010 US Census
FREESTANDING RESTAURANT SPACE- SCHERERVILLE IN1120 Lincoln Highway, Schererville, IN 46375
D E M O G R A P H I C S M A P & R E P O R T
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