New Single-Tenant Portillo’s
For Sale
Contact for pricing
1403 US Hwy 41, Schererville, IN 46375
Newly constructed restaurant property with a single-tenant configuration and fee-simple ownership.
Property SizeContact for details
Days on Market144
Property Features for 1403 US Hwy 41
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Greenstone Partners
(312) 614-1498
Listed By:
Jason St. John · License #IL 475142612
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 2:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greenstone Partners
Investment Insights
Based on property information with market context.
This newly constructed conventional restaurant is operated as a single-tenant property under a fee-simple ownership structure. The asset is located at 1403 U.S. Highway 41 in Schererville, Indiana, within an established retail corridor that includes ALDI, Home Depot, Menards, Dollar Tree, Whole Foods, and Bed Bath & Beyond.
The property is positioned 30 miles from downtown Chicago and 2 miles east of the Indiana–Illinois border. The intersection of U.S. 41 and U.S. 30 is 1/2 mile south, connecting the corridor with regional routes extending from Michigan to Florida and Pennsylvania to Oregon. The surrounding 5-mile population exceeds 143,000.
The property is positioned 30 miles from downtown Chicago and 2 miles east of the Indiana–Illinois border. The intersection of U.S. 41 and U.S. 30 is 1/2 mile south, connecting the corridor with regional routes extending from Michigan to Florida and Pennsylvania to Oregon. The surrounding 5-mile population exceeds 143,000.
Key Highlights
- Newly constructed single‑tenant Portillo’s restaurant
- 100% fee‑simple interest
- Located at 1403 U.S. Highway 41, Schererville, Indiana 46375
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
878
Businesses Nearby
576k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 27%
Superstores 21%
Groceries 15%
Home Improvements & Furnishings 13%
Walmart
Superstores
123,011 visits/mo
0.4 miles
Menards
Home Improvements & Furnishings
65,889 visits/mo
0.2 miles
Strack & Van Til
Groceries
47,792 visits/mo
0.2 miles
Portillo's
Dining
42,680 visits/mo
0.2 miles
AMC Schererville 16
Leisure
40,156 visits/mo
0.3 miles
Demographics for 46375, IN
24,051
Population
10,064
Households
2.4
Avg Household Size
46
Median Age
36%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,879
Density / Sq Mi
$89,646
Median Household Income
$51,448
Median Earnings
$1,250
Median Rent
$295,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Newly constructed restaurant property with a single-tenant configuration and fee-simple ownership.
Where is this conventional restaurant located?
The property is located at 1403 US Hwy 41 Schererville, IN.
What are key features of this property?
This property features: Newly constructed single‑tenant Portillo’s restaurant; 100% fee‑simple interest; Located at 1403 U.S. Highway 41, Schererville, Indiana 46375
