Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$274,000

  • For Sale
  • Active
  • Business
  • 2,000 Sq. Ft.
See This Home
Save This Home
See This Home
Save This Home
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: $274,000
  • Taxes: $2,124 (2024)
  • Status: Active
  • Type: Business
  • Source: GNIAR
  • MLS ID: 821421
  • Updated: 1/19/2026
  • Added to Site: 303 day(s) ago

Exterior

  • Exterior Features: Lighting

Location

  • County: Lake
  • Township: Calumet
  • Subdivision: Nelson Add
  • Driving Directions: From Cline Avenue turn right to 5490 Ridge Road.

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: Corner Lot, Near Public Transit

Financial Considerations

  • Tax Amount: $2,124
  • Tax Year: 2024
  • Terms: Cash, VA Loan, 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

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 5490 W Ridge Rd —

  • 21 Century Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

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!

Be ready to buy your new home!

with our affiliated lender
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 ATTOM Data Solutions 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
1/19/2026
Price Reduced
$274,000
-2.11%
MLS
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
$519
-40%
$10,300
—
2023
$868
84%
$10,300
—
2022
$471
-44%
$10,300
—
2020
$847
-87%
$10,300
—
2019
$6,279
14%
$10,300
—
2018
$5,497
538%
$10,300
-54%
2017
$861
—
$22,200
116%
2016
$858
111%
$10,300
—
2015
$406
-40%
$10,300
—
2013
$672
—
$10,300
—
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 for 5490 W Ridge Rd

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by 21 Century Realty Group

Similar Properties near 5490 W Ridge Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

90 W 53rd Ave, Merrillville, IN 46410 - Photo 1 Price Reduced
-$25,000 (-8.33%)
$275,000

90 W 53rd Ave  Merrillville, IN 46410

  • Business
  • Active
  • Updated 2 days ago
  • 2,160
    Sq. Ft.
Listed by @properties/Christie's Intl RE
4825 Central Ave, Lake Station, IN 46405 - Photo 1
$275,000

4825 Central Ave  Lake Station, IN 46405

  • Business
  • Active
  • 2,560
    Sq. Ft.
Listed by New Chapter Real Estate

Just Listed near 5490 W Ridge Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

31 Tyler St, New Chicago, IN 46342 - Photo 1 Just Listed
$169,000

31 Tyler St  New Chicago, IN 46342

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 1
    Total Bath
  • 932
    Sq. Ft.
Listed by Ellsbury Group
4034 Schneider St, Lake Station, IN 46405 - Photo 1 Just Listed
$19,999

4034 Schneider St  Lake Station, IN 46405

  • Lots/Land
  • Active
  • Updated 2 days ago
  • 0.193
    Acres
Listed by Platlabs, LLC
3656 Iowa St, Lake Station, IN 46405 - Photo 1 Just Listed
$199,900

3656 Iowa St  Lake Station, IN 46405

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,036
    Sq. Ft.
Listed by Mentor Listing Realty, Inc.
3500 E 35th Ave, Lake Station, IN 46405 - Photo 1 Just Listed
$119,900

3500 E 35th Ave  Lake Station, IN 46405

  • Single Family
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 816
    Sq. Ft.
Listed by Keri Hir

Price Reduced near 5490 W Ridge Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2851 Dekalb St, Lake Station, IN 46405 - Photo 1 Price Reduced
-$1,250 (-0.66%)
$188,750

2851 Dekalb St  Lake Station, IN 46405

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,552
    Sq. Ft.
Listed by Kirk & Company Your Home Sold
2670 Allen St, Lake Station, IN 46405 - Photo 1 Price Reduced
-$2,000 (-0.98%)
$202,900

2670 Allen St  Lake Station, IN 46405

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,620
    Sq. Ft.
Listed by Listing Leaders
9735 Wildwood Ct, Highland, IN 46322 - Photo 1 Price Reduced
-$5,000 (-2.33%)
$210,000

9735 Wildwood Ct  #1b  Highland, IN 46322

  • Condo
  • Active
  • Updated 6 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,300
    Sq. Ft.
Listed by McColly Real Estate
3721 Wirth Rd, Highland, IN 46322 - Photo 1 Price Reduced
-$10,100 (-2.46%)
$399,900

3721 Wirth Rd  Highland, IN 46322

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,880
    Sq. Ft.
Listed by McCormick Real Estate, Inc.

Recent Sales near 5490 W Ridge Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1144 N Wheeler St, Griffith, IN 46319 - Photo 1 Sold
$255,000

1144 N Wheeler St  Griffith, IN 46319

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,092
    Sq. Ft.
Listed by Complete Asset Protection Serv
Sold by Realty Executives Premier
1344 N Arbogast St, Griffith, IN 46319 - Photo 1 Sold
$235,000

1344 N Arbogast St  Griffith, IN 46319

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 1,722
    Sq. Ft.
Listed by @properties/Christie's Intl RE
Sold by Simplify Your Move! Realty Inc
1218 N Glenwood Ave, Griffith, IN 46319 - Photo 1 Sold
$249,900

1218 N Glenwood Ave  Griffith, IN 46319

  • Single Family
  • Closed
  • Updated 13 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,344
    Sq. Ft.
Listed by McColly Real Estate
Sold by Better Homes and Gardens Real
1234 N Oakwood St, Griffith, IN 46319 - Photo 1 Sold
$285,000

1234 N Oakwood St  Griffith, IN 46319

  • Single Family
  • Closed
  • 4
    Beds
  • 1
    Total Bath
  • 1,938
    Sq. Ft.
Listed by Century 21 Circle

5490 W Ridge Road, Gary, IN 46408 (MLS# 821421) is a Business property. 5490 W Ridge Road is currently listed for $274,000 and was received on May 27, 2025. Want to learn more about 5490 W Ridge Road? Do you have questions about finding other Business real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

Tour this property