Black Leather. Factory MSRP: $129,925 2026 BMW M5 4D Sedan Storm Bay Metallic 4.4L V8 Turbocharged DOHC 32V LEV3-SULEV30 8-Speed Automatic Sport AWD We Are Your Schererville, IN New and Certified Pre-owned BMW Dealership near Chicago, Valparaiso, Gary, Merrillville, Homewood, Crown Point, Whiting, Olympia Fields, St. John, Cedar Lake, Hobart, Portage, Lowell, Highland, Munster, Dyer, Flossmoor, Hammond. Chicagoland's ONLY two time BMW Center of Excellence Award Winner! Are you wondering, where is BMW of Schererville or what is the closest BMW dealer near me? BMW of Schererville is located at 1400 US Highway 41, Schererville, IN 46375. You can call our Sales Department at 219-864-7333 All. The sale price incorporates the BMW of Schererville's Premium protection package for a period of 90 days.