The Crossings of Schererville presents an exceptional investment opportunity in one of Northwest Indiana’s most prominent commercial corridors. This four-story, Class B office building encompasses 115,288 square feet and sits on a 5.22-acre parcel at the highly visible intersection of Indianapolis Boulevard (US-41) and W Lincoln Highway (US-30). The property is currently 78% occupied, offering both stable in-place income and upside potential through lease-up of remaining vacancies.
The asset features a full suite of tenant amenities, including a fitness center, conference facilities, kitchen/café, and a dramatic three-story atrium with a waterfall feature. Recent renovations have modernized common areas and improved building systems, while solar power installation underscores the property’s commitment to energy efficiency.
Located just 33 miles from downtown Chicago, the property provides businesses with a cost-effective alternative to Illinois while maintaining proximity to the Chicago metropolitan market. The site benefits from excellent regional connectivity, with easy access to major highways and Chicago Midway International Airport. Surrounding amenities include national retailers, restaurants, and lodging options, enhancing convenience for tenants and visitors.
With its strong tenant roster, including several Fortune 500 companies, and a pro-forma cap rate of 6.54%, The Crossings of Schererville offers investors a stabilized asset with long-term growth potential in a business-friendly Indiana environment.