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$380,000 Just Listed
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Property Description
Positioned along highly visible Ridge Road, this well-maintained commercial property offers a strong opportunity for investors seeking stable income in a high-traffic corridor. The space is currently operating as a restaurant and reflects pride of ownership throughout, with a clean, functional layout designed for daily operations and customer flow. The property features a newer air conditioning system, two bathrooms, and multiple office or storage rooms that provide flexibility for business needs. Rear parking adds convenience for staff , enhancing accessibility and usability. With an established tenant in place and a lease secured through August 2027, this property presents a turnkey investment with immediate cash flow and long-term stability.
Full Property Details
Full Property Details for 3521 Ridge Rd
General
- Price: $380,000
- Taxes: $12,261 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12573002
- Updated: Today (2/19/2026)
- Added to Site: Today
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Lansing
- County: Cook
- Driving Directions: From Torrence Avenue, head west on Ridge Road to property.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 2,080
- Year Built: 1949
Lot Features
- Lot Size (Sq. Ft.): 7,148
- Lot Dimensions: 32 x 226
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1949
- Tax Amount: $12,261
- Tax Year: 2024
Disclosures and Reports
- Property ID: 30323070140000
Listed by Realty of America, LLC
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Schools
Schools serving 3521 Ridge Rd
| Name | Grades | Distance |
|---|---|---|
Coolidge Elementary School, Lansing, IL 17845 Henry Street, Lansing, IL 60438 | K-5 | 0.5 mi |
Lester Crawl Primary Center 18300 Greenbay Avenue, Lansing, IL 60438 | PK-1 | 0.5 mi |
Memorial Jr High School 2721 Ridge Road, Lansing, IL 60438 | 6-8 | 1 mi |
Thornton Fractnl So High School 18500 Burnham Avenue, Lansing, IL 60438 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3521 Ridge Rd
Date
Details
Price
Change
Source
2/19/2026
Listed
$380,000
427.78%
MLS
8/18/2020
Sold
$72,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3521 Ridge Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,574
-26%
$23,920
—
2022
$15,546
-29%
$23,920
-31%
2021
$21,919
8%
$34,673
—
2020
$20,342
122%
$34,673
115%
2019
$9,177
2%
$16,120
—
2018
$9,008
-1%
$16,120
—
2017
$9,095
11%
$16,120
7%
2016
$8,206
17%
$15,007
9%
2015
$7,025
1%
$13,827
—
2014
$6,928
13%
$13,827
2%
2013
$6,110
8%
$13,569
—
2012
$5,674
—
$13,555
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3521 Ridge Rd
3521 Ridge Road, Lansing, IL 60438 (MLS# 12573002) is a Commercial property. 3521 Ridge Road is currently listed for $380,000 and was received on February 19, 2026. Want to learn more about 3521 Ridge Road? Do you have questions about finding other Commercial real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

