Schererville, IN Residential Income Properties for Sale

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St John, IN Griffith, IN Saint John, IN

Updated: Jan 21, 2025

Modern Townhouse with Fountain View

986 Fountain Place, Schererville, IN 46375

$275,000

1,700 sqft · 0.03 AC lot

Maintenance‑free living with association covering lawn care, snow removal, and garbage.
Spacious main bedroom featuring two walk‑in closets, en‑suite bathroom with whirlpool tub, and private balcony.
Open‑concept main floor layout with modern kitchen.
Direct access to a 2.5‑car garage.
Convenient upstairs laundry.

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This listing looks promising.

Here's a quick look at some key insights for

986 Fountain Place, Schererville, IN 46375

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Est. Cap Rate

5.5%
NOI ÷ price
Est. NOI

$15K
Annual
Price @ 7% Cap

$215K
Suggested
Property Type

Row House
Built 2012

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Updated: Jan 28, 2025

Updated Condo with Community Amenities

245 W Joliet Street 201, Schererville, IN 46375

$184,900

1,180 sqft · 6.68 AC lot

Move‑in‑ready condo with modern updates and maintenance‑free living.
Community amenities include an in‑ground pool, clubhouse, and tennis court.
Spacious 2‑bedroom unit with a renovated bathroom and walk‑in closet in the master suite.
Fully equipped kitchen with stainless steel appliances and ample cabinet space.
In‑unit laundry and large storage room.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Schererville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Duplex with Extra Lot

132-136 S Elgin Street, Griffith, IN 46319

$319,900

0.22 AC lot

Investor-ready duplex in Griffith, IN with immediate cash flow.

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Lansing Investment Property Package

19061 Wentworth Avenue, Lansing, IL 60438

$599,900

Single-family home and fully leased four-unit apartment in Lansing, Illinois.

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Remodeled Lansing Commercial Property

3323 Ridge Road, Lansing, IL 60438

$725,000

0.18 AC lot

Remodeled bar/restaurant with apartment and outdoor patio in Lansing.

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Investor-Ready Duplex with Extra Lot

132-136 S Elgin Street, Griffith, IN 46319

$319,900

Updated duplex with immediate income and adjacent lot included.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Schererville Land Near Nature Preserve

1398 Deer Creek Drive, Schererville, IN 46375

$215,000

2.94 AC lot

Nearly 3-acre lot near Tiebel's Nature Preserve.

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Estate Lot in Stonegate

St John, IN 46373

$335,000

2.14 AC lot

Build your dream home on this 2+ acre lot.

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Secluded Wooded Land Parcel

2220 Anne Lane, Crete, IL 60417

$250,000

5.00 AC lot

5-acre wooded parcel for residential construction near Plum Creek.

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Merrillville Land Opportunity

7530 Madison Street, Merrillville, IN 46410

$350,000

37.18 AC lot

Over 37 acres available for residential development or private oasis.

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Off-Market Properties in Schererville, IN

Consider similar Off-Market properties in Schererville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

1514 Lakewood Ln, Schererville, IN 46375-1094

Value Estimation by Request

6,228 sqft · 13.31 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1731 Burgundy St, Schererville, IN 46375-1936

Value Estimation by Request

5,344 sqft · 18.93 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1474 Lakewood Ln, Schererville, IN 46375-1092

Value Estimation by Request

6,228 sqft · 13.31 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1315 Woodhollow Ct, Schererville, IN 46375-1030

Value Estimation by Request

5,480 sqft · 0.28 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

646 Knoxbury Ln, Schererville, IN 46375-2648

Unit 1

Value Estimation by Request

4,994 sqft · 0.49 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2040 Ashbury Ln, Schererville, IN 46375-2639

Unit 1

Value Estimation by Request

5,013 sqft · 0.32 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2032 Ashbury Ln, Schererville, IN 46375-2686

Unit 2

Value Estimation by Request

8,362 sqft · 0.36 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

14 Gln Eagles Dr, Schererville, IN 46375-2922

Value Estimation by Request

9,160 sqft · 2.74 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

52 Inverness Ln, Schererville, IN 46375-2908

Value Estimation by Request

8,984 sqft · 2.74 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2021 Ashbury Ln, Schererville, IN 46375-2649

Unit 2

Value Estimation by Request

5,013 sqft · 0.36 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1737 Burgundy St, Schererville, IN 46375-1936

Value Estimation by Request

5,344 sqft · 18.93 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1820 Burgundy St, Schererville, IN 46375-1916

Value Estimation by Request

5,704 sqft · 18.30 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1059 Lakewood Ct, Schererville, IN 46375-1096

Value Estimation by Request

6,228 sqft · 13.31 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

204 Plum Crk Dr, Schererville, IN 46375-1198

Value Estimation by Request

4,666 sqft · 0.39 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1804 Burgundy St, Schererville, IN 46375-1916

Value Estimation by Request

6,800 sqft · 18.93 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1102 Poppyfield Pl2-r, Schererville, IN 46375-1749

Value Estimation by Request

6,330 sqft · 18.24 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2022 Windsor Ct, Schererville, IN 46375-6603

Unit 3

Value Estimation by Request

5,586 sqft · 0.35 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1467 Lakewood Ln, Schererville, IN 46375-1093

Value Estimation by Request

6,228 sqft · 13.31 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

204 Plum Crk Dr, Schererville, IN 46375-1198

Value Estimation by Request

4,666 sqft · 0.39 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

204 Plum Crk Dr, Schererville, IN 46375-1198

Value Estimation by Request

4,666 sqft · 0.39 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1418 Lakewood Ln, Schererville, IN 46375-1092

Value Estimation by Request

6,228 sqft · 13.31 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1106 Auburn Mdw Ln, Schererville, IN 46375-1380

Value Estimation by Request

6,330 sqft · 18.24 AC lot

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Schererville, IN Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Schererville, IN on our real estate platform. These investment opportunities span a total of 2,880 square feet of properties for sale, with an estimated market value of $459,900.

Sale prices for residential income properties in Schererville, IN start at $184,900, averaging $229,950, and reaching up to $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 24K

Population Growth (5Y) +2.3%

Median Household Income $89,646

College Educated 46.5%

High-Yield Neighborhoods for Investment

Identify Schererville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46375	$230K

Taxes & Financing

Tax Rate (average for all types) 1.72%

Property Tax per SF $22.20 per SF

Tax Rate vs County Average 1.34 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

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Schererville, IN Residential Income Properties for Sale

986 Fountain Place, Schererville, IN 46375

245 W Joliet Street 201, Schererville, IN 46375

Opportunities in Nearby Cities

132-136 S Elgin Street, Griffith, IN 46319

19061 Wentworth Avenue, Lansing, IL 60438

3323 Ridge Road, Lansing, IL 60438

132-136 S Elgin Street, Griffith, IN 46319

Potential Development Sites for Consideration

1398 Deer Creek Drive, Schererville, IN 46375

St John, IN 46373

2220 Anne Lane, Crete, IL 60417

7530 Madison Street, Merrillville, IN 46410

Off-Market Properties in Schererville, IN

1514 Lakewood Ln, Schererville, IN 46375-1094

1731 Burgundy St, Schererville, IN 46375-1936

1474 Lakewood Ln, Schererville, IN 46375-1092

1315 Woodhollow Ct, Schererville, IN 46375-1030

646 Knoxbury Ln, Schererville, IN 46375-2648

2040 Ashbury Ln, Schererville, IN 46375-2639

2032 Ashbury Ln, Schererville, IN 46375-2686

14 Gln Eagles Dr, Schererville, IN 46375-2922

52 Inverness Ln, Schererville, IN 46375-2908

2021 Ashbury Ln, Schererville, IN 46375-2649

1737 Burgundy St, Schererville, IN 46375-1936

1820 Burgundy St, Schererville, IN 46375-1916

1059 Lakewood Ct, Schererville, IN 46375-1096

204 Plum Crk Dr, Schererville, IN 46375-1198

1804 Burgundy St, Schererville, IN 46375-1916

1102 Poppyfield Pl2-r, Schererville, IN 46375-1749

2022 Windsor Ct, Schererville, IN 46375-6603

1467 Lakewood Ln, Schererville, IN 46375-1093

204 Plum Crk Dr, Schererville, IN 46375-1198

204 Plum Crk Dr, Schererville, IN 46375-1198

1418 Lakewood Ln, Schererville, IN 46375-1092

1106 Auburn Mdw Ln, Schererville, IN 46375-1380

Schererville, IN Residential Income Properties Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

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