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Property Description
For Sale. Premium office or medical space in Munster's Business Corridor. Located just 0.3 miles from the Indiana/Illinois border and 8 miles southeast of Chicago. The main office and shipping warehouse includes 11 private executive offices, and 50 additional workspaces. This is truly a turn-key opportunity for your business, complete with all furnishings, desks, chairs, cabinetry, and workstations. There is a 13,382 s.f. office building and an additional 48' x 24' (4 car) garage for an additional 1,152 Sq. Ft. of storage for a total of 14,534 square feet. The present building takes up only half of the usable lot, so there's room to build in the future. This building is top notch, with an impressive reception and waiting area. Conduct your board meetings and education events in the conference room which comfortably sits 16 people. Outside the conference room is a modern break area. Visiting guests can conduct business on the go with sitting areas and charging stations. The perimeter of the building is lined with 11 private executive offices that are built to impress. The office work space is wide open with a modern decor, and acoustical ceiling clouds for a productive atmosphere. The open work area features over 50 workstations and a copy room. There are multiple restrooms, and an additional employee break room, complete with a full kitchen. Behind the offices, there is a shipping and warehouse area. The exterior parking lot provides 63 parking spaces and 4 garage spaces. This building was built in 2017 with modern infrastructure. Located adjacent to 45th Street and Margo Lane (the entrance to West Lakes subdivision) which is only minutes from three area hospitals. The new South Shore commuter train is nearly complete. This ideal business location is only 3 miles to the Dyer South Shore Commuter Train Station less than 3 miles from the new Munster South Shore Train station. The Lansing, IL Municipal Airport is just 1 mile away.
Full Property Details
Full Property Details for 9404 Margo Ln
General
- Price: $3,700,000
- Taxes: $78,510 (2024)
- Status: Active
- Type: Business
- Source: GNIAR
- MLS ID: 832724
- Updated: 1/15/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Vaulted Ceiling(s), Recessed Lighting, Open Floorplan, Kitchen Island, High Ceilings, Granite Counters, Eat-in Kitchen
- Appliances: Built-In Gas Range, Stainless Steel Appliance(s), Range Hood, Refrigerator, Range, Microwave, Gas Range, Gas Cooktop, Dishwasher
Exterior
- Exterior Features: Private Yard, Storage, Rain Gutters
Parking
- Parking Features: Detached, Paved, Garage Faces Rear, Concrete, Other, Off Street
Location
- County: Lake
- Township: North
- Subdivision: Providence Bank LLC
- Driving Directions: I-80/94 to Calumet Avenue, south to 45th St. West to Margo Lane, South to 9404 Margo Lane.
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 14,534
- Year Built: 2017
Lot Features
- Lot Size (Acres): 2.327
- Lot Size (Sq. Ft.): 101,364
- Lot Features: Few Trees, Paved, Landscaped
- Zoning: Business
Financial Considerations
- Tax Amount: $78,510
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: PROVIDENCE BANK LLC (RESUB. OF LOT 2) LOT 3
- Property ID: 450625300013000027
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Schools
Schools serving 9404 Margo Ln
School District:Munster School Town
| Name | Grades | Distance |
|---|---|---|
James B Eads Elementary School 8001 Harrison Avenue, Munster, IN 46321 | K-5 | 1.9 mi |
Wilbur Wright Middle School 8650 Columbia Avenue, Munster, IN 46321 | 6-8 | 1.4 mi |
Munster High School 8808 Columbia Avenue, Munster, IN 46321 | 9-12 | 1.3 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 9404 Margo Ln
Date
Details
Price
Change
Source
1/12/2026
Listed
$3,700,000
—
MLS
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 9404 Margo Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$81,568
-13%
$3,162,800
3%
2023
$94,208
-46%
$3,081,600
—
2022
$173,777
77%
$3,070,900
2%
2020
$98,050
4%
$2,997,500
-3%
2019
$94,087
—
$3,105,100
—
2019
$94,087
2%
$3,111,800
3%
2018
$91,943
—
$3,007,500
2%
2017
$92,156
—
$2,941,000
787%
2017
$92,156
805%
$331,600
—
2016
$10,180
—
$331,600
—
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 9404 Margo Ln
9404 Margo Lane, Munster, IN 46321 (MLS# 832724) is a Business property. 9404 Margo Lane is currently listed for $3,700,000 and was received on January 12, 2026. Want to learn more about 9404 Margo Lane? Do you have questions about finding other Business real estate for sale in Munster? You can browse all Munster real estate or contact a Coldwell Banker agent to request more information.

