Fully Built Out Restaurant with Full
For Sale
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48 E JOLIET ST, Schererville, IN 46375
Fully built out restaurant with a full bar, remodeled dining room in 2024, and a remodeled apartment above with tenant.
Property Size7,038 SF
Days on Market64
Property Features for 48 E JOLIET ST
General Information
Standard status
Active
Size
7,038 SF
Property subtype
RETAIL
Additional Details
Furnished
Yes
Equipment Included
Yes
Amenities
Full Basement for Storage
Building Details
Year Renovated
2024
Listing Agency:
Latitude Commercial
(219) 308-3553
Listed By:
Myles Rapchak · License #RB14050416
(219) 308-3553
Source:
Moodyscre
Added: May 29
Changed: Jul 30
Last Checked: Jul 30 at 2:44PM
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 Latitude Commercial
Investment Insights
Based on property information with market context.
Fully built out restaurant with a full bar, offered with all FF&E included. The property features a 3,000 SF restaurant space and a full basement for storage.
Remodeled dining room completed in 2024 adds a fresh 950 SF dining area. The property also includes a newly remodeled 3-bedroom, 1-bath apartment above the restaurant, with a tenant in place.
Additional operational and convenience features include a 3-way liquor license, 25+ parking spots, and resealed parking. This combination of restaurant buildout, liquor licensing, and income-producing apartment setup makes the property well-suited for an operator looking to run a restaurant with dedicated on-site parking and on-premises residential support.
Remodeled dining room completed in 2024 adds a fresh 950 SF dining area. The property also includes a newly remodeled 3-bedroom, 1-bath apartment above the restaurant, with a tenant in place.
Additional operational and convenience features include a 3-way liquor license, 25+ parking spots, and resealed parking. This combination of restaurant buildout, liquor licensing, and income-producing apartment setup makes the property well-suited for an operator looking to run a restaurant with dedicated on-site parking and on-premises residential support.
Key Highlights
- 3,000 SF fully built out restaurant with full bar
- 3‑way liquor license
- 950 SF remodeled dining room completed in 2024
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
407k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Superstores 30%
Shops & Services 20%
Groceries 12%
Walmart
Superstores
123,011 visits/mo
0.2 miles
Strack & Van Til
Groceries
47,792 visits/mo
0.4 miles
Portillo's
Dining
42,680 visits/mo
0.5 miles
Dollar Tree
Shops & Services
26,321 visits/mo
0.5 miles
McDonald's
Dining
21,128 visits/mo
0.4 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 - Fully built out restaurant with a full bar, remodeled dining room in 2024, and a remodeled apartment above with tenant.
Where is this conventional restaurant located?
The property is located at 48 E JOLIET ST Schererville, IN.
What are key features of this property?
This property features: 3,000 SF fully built out restaurant with full bar; 3‑way liquor license; 950 SF remodeled dining room completed in 2024
