Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1036 Lakewood Ct Schererville, IN 46375-1096

    • Residential income homes
    • 6,228 SF
    • 13.31 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Last Sale
    Mar 08, 2021
    $192,000
    Location Intelligence
    Property ID
    US31-0043169
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1036 Lakewood Ct

    Year built
    2005
    Construction
    WOOD
    Lot size
    13.31 lot acres
    Property size
    6,228 SF
    Zone code
    R3
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    45-11-08-451-040.000-036
    APU
    451108451040000036

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $195,000

    • CAP approach

      CAP return
      Estimation
      6%
      $145,000
      6.5%
      $155,000
      7%
      $160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $145,000
      Geo Method
      $150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $135,000
      Retail
      $125,000
      Mixed-Use
      $155,000
      Hospitality
      $145,000
      Educational
      $145,000
      Residential Income
      $155,000
      Energy
      $145,000
      Income-Based Land
      $150,000
      Food Service
      $130,000

    Location Insight

    • Map
    • Local Demand
    City
    Schererville
    County
    Lake
    State
    Indiana
    Longitude
    -87.4772
    Latitude
    41.4966
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,647
    $35,000
    $160,100
    $195,100
    -
    $35,000
    $160,100
    $195,100

    Comparable in this City

    • Value Estimation by Request
      6,040 SF

      1535 Maple Pl

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,040 SF
      1535 Maple Pl, Schererville, IN 46375-1063
      View Details
    • Value Estimation by Request
      4,616 SF

      150 Plum Crk Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,616 SF
      150 Plum Crk Dr, Schererville, IN 46375-1196
      View Details
    • Value Estimation
      $115,000
      4,726 SF

      1853 Burgundy St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,726 SF
      1853 Burgundy St, Schererville, IN 46375-1915
      View Details
    • Value Estimation
      $325,000
      6,228 SF

      1106 Lakewood Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,228 SF
      1106 Lakewood Ct, Schererville, IN 46375-1096
      View Details
    • Value Estimation
      $230,000
      6,228 SF

      1061 Lakewood Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,228 SF
      1061 Lakewood Ct, Schererville, IN 46375-1096
      View Details
    • Value Estimation
      $230,000
      6,228 SF

      1537 Lakewood Ln

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,228 SF
      1537 Lakewood Ln, Schererville, IN 46375-1095
      View Details

    Similar Nearby for Sale

    • $309,900
      1,532 SF

      Ranch Cottage Home with Pond

      Sprawling ranch home with pond views, near Highway 41.
      1390 Mackinaw Pl, Schererville, IN 46375
      View Details
    • Contact for pricing
      1.86 Acres

      US 41 High-Exposure Land

      1.86 Acres, Prime Schererville Location
      8036 -8056 Us 41, Schererville, IN 46375
      View Details
    • $197,999

      Updated Townhome with Loft

      Rare 2-3 bedroom townhome with desirable third-floor loft.
      976 Jordan Cir, Schererville, IN 46375
      View Details
    • $4,750,000
      6.00 Acres

      Schererville Retail Center - Highway Frontage

      High-traffic retail space, ample parking. Excellent highway visibility.
      410 Lincoln Hwy, Schererville, IN 46375
      View Details
    • $1,100,000
      4.81 Acres

      Schererville Commercial Land

      4.81 Acres, Prime Location
      917-955 Eagle Ridge Dr, Schererville, IN 46375
      View Details
    • Contact for pricing
      2,000 SF

      Schererville Retail Build to Suit

      Free-standing retail build to suit with drive-thru potential.
      1902-1908 Us Highway 41, Schererville, IN 46375
      View Details

    Similar Nearby for Lease

    • $4,100 /Mo
      1,215 SF

      Retail Space in Schererville, IN

      Retail space for lease inside Strack & Van Til.
      1505-1525 Us Highway 41, Schererville, IN 46375
      View Details
    • Contact for pricing
      23,459 SF

      Schererville Medical Office Space

      Prime Medical Office, 23,459 SF, Lake County
      322 Indianapolis Blvd, Schererville, IN 46375
      View Details
    • $21 SF/Yr
      3,045 SF

      Schererville Office Space Available

      Elegant office space in Plum Creek Center available for rent.
      222 Us Highway 41, Schererville, IN 46375
      View Details
    • $16 SF/Yr
      2,000 SF

      Turnkey Office Space Available

      Turnkey office space for rent with ample parking.
      14-26 E Us Highway 30, Schererville, IN 46375
      View Details
    • $22 SF/Yr
      1,500 SF

      Retail Space in Schererville, IN

      Retail units available in strong Northwest Indiana market.
      142 W Lincoln Hwy, Schererville, IN 46375
      View Details
    • Contact for pricing
      87,823 SF

      Schererville Retail Space Available

      Prime Retail Space in Strack & Van Til
      1515 Us-41, Schererville, IN 46375
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1036 Lakewood Ct
    Schererville, IN 46375-1096
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.