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$279,900

  • For Sale
  • Active
  • Commercial
  • 2,000 Sq. Ft.
See This Home
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Great investment property in highly desirable high traffic area! One of the two units are used to be a restaurant with large size hood. Plenty of parking spots on the side of the building.

Full Property Details for 5490 W Ridge Rd

General

  • Price: $279,900
  • Taxes: $2,145 (2023)
  • Status: Active
  • Type: Commercial
  • Source: GNIAR
  • MLS ID: 821421
  • Updated: 7/7/2025
  • Added to Site: 235 day(s) ago

Exterior

  • Exterior Features: Lighting

Location

  • County: Lake
  • Township: Calumet
  • Subdivision: Nelson Add
  • Driving Directions: From BURR and Ridge Road - WEST to property - one block

Heating & Cooling

  • Heating Type: Central, Natural Gas

Structural Information

  • Square Feet: 2,000
  • Year Built: 1957

Lot Features

  • Lot Size (Acres): 0.268
  • Lot Size (Sq. Ft.): 11,674
  • Lot Features: Near Public Transit

Financial Considerations

  • Tax Amount: $2,145
  • Tax Year: 2023
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: NELSON ADD. S.82FT. OF LOT 15 & S'LY 82FT LOT 16
  • Property ID: 450725127015000003

Listed by 21 Century Realty Group

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Listing agent

— 5490 W Ridge Rd —

  • 21 Century Realty Group

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5490 W Ridge Rd

School District:Lake Ridge Schools
NameGradesDistance
Longfellow Elementary School, Gary, IN
45th/Calhoun Sts, Gary, IN 46408
K-41 mi
Lake Ridge Middle School
3601 West 41st Avenue, Gary, IN 46408
5-81.3 mi
Calumet High School, Gary, IN
3900 Calhoun Street, Gary, IN 46408
9-120.2 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 5490 W Ridge Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/07/2025
Price Reduced
$279,900
-6.7%
MLS
5/27/2025
Listed
$300,000
118.98%
MLS
8/25/2022
Sold
$137,000
—
Public Record
Get Price Alerts and Save Property
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 for 5490 W Ridge Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,745
-54%
$70,800
-1%
2023
$6,028
172%
$71,500
-3%
2022
$2,214
-62%
$73,800
5%
2020
$5,783
112%
$70,600
—
2019
$2,730
—
$70,300
-1%
2019
$2,730
-18%
$71,000
1%
2018
$3,312
79%
$70,300
118%
2017
$1,850
—
$32,200
-6%
2017
$1,850
-4%
$34,200
24%
2016
$1,922
77%
$27,500
-2%
2015
$1,085
-44%
$28,100
-5%
2013
$1,924
-35%
$29,500
-31%
2012
$2,949
—
$43,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by 21 Century Realty Group

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5490 W Ridge Road, Gary, IN 46408 (MLS# 821421) is a Commercial property. 5490 W Ridge Road is currently listed for $279,900 and was received on May 27, 2025. Want to learn more about 5490 W Ridge Road? Do you have questions about finding other Commercial real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

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