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    Munster, IN
    Flex Space

    Munster, IN Flex Space for Sale

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    Calumet City, IL East Chicago, IN Lansing, IL Chicago, IL South Holland, IL Whiting, IN Dolton, IL Gary, IN
    8 properties
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    Versatile Commercial Building on Double Lot
    Updated: Aug 8, 2025
    Versatile Commercial Building on Double Lot

    917 Conkey St, Hammond, IN 46320

    $339,900
    3,200 sqft 0.12 AC lot
    Versatile 3,200 sq. ft. commercial building on a double lot in the heart of Hammond.
    Flexible open floor plan with high ceilings and overhead garage doors suitable for various business types.
    Excellent street visibility, dedicated entrance, and client waiting room.
    Recent major updates including a new bathroom (2024), water heater (2025), HVAC system, and roof.
    Ample on‑street parking and a location that complements the surrounding residential area.
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    This listing looks promising.

    Here's a quick look at some key insights for

    917 Conkey St, Hammond, IN, 46320-2531

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Price @ 7% Cap

      $441K
      Above asking

    • Property Type

      Auto Repair, Garage
      Built 1946
    View Property Analytics
    Flex Space with Office and Warehouse
    Updated: Jan 12
    Flex Space with Office and Warehouse

    9404 Margo Lane, Munster, IN 46321

    $3,200,000
    14,534 sqft 2.33 AC lot
    13,382 SF office building plus 48' x 24' (4‑car) garage with 1,152 SF storage
    11 private executive offices and 50 additional workspaces
    Conference room seats 16; reception and waiting area included
    2.327‑acre lot with room to build in the future
    Exterior parking includes 63 parking spaces plus 4 garage spaces
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    Turn-key Flex Space with Parking
    Turn-key Flex Space with Parking

    9404 Margo Lane, Munster, IN 46321

    $3,200,000
    2.33 AC lot

    Turn-key flex space zoned COMMR on a 2.33-acre lot with central air, natural gas availability, and 63 exterior parking spaces.

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    Turnkey Office and Warehouse Facility
    Turnkey Office and Warehouse Facility

    9404 Margo Lane, Munster, IN 46321

    $3,200,000
    14,534 sqft

    Turnkey office and shipping/warehouse setup with private offices, workstations, and a 4-car garage for storage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Flex Office Warehouse Building
    Flex Office Warehouse Building

    2716 Condit St, Hammond, IN 46322

    Contact for pricing
    2,616 sqft

    2,616 SF flex building with private offices, reception, full bath, and rear drive-in door for warehouse access.

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    Industrial Building with Overhead Cranes
    Industrial Building with Overhead Cranes

    850 165th Street, Hammond, IN 46324

    Contact for pricing
    32,398 sqft

    Clean industrial building with drive-in doors, docks, cranes, and 16-foot clear height plus office and break-room space.

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    Four-Unit Retail/Industrial Building
    Four-Unit Retail/Industrial Building

    7235-7241 Calumet Ave, Hammond, IN 46324

    Contact for pricing
    8,906 sqft

    Four-unit property with two leased retail spaces and two light industrial units plus four garages and onsite parking.

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    Indoor Business Park Flex Space
    Indoor Business Park Flex Space

    1650 W 45th Street, Munster, IN 46321

    Contact for pricing

    Single-level flex setup with abundant parking and accessible rear entry for office and specialized retail use.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 Active listings in Munster, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Live-Work Commercial Property
    Mixed-Use Live-Work Commercial Property

    591 Burnham Avenue, Calumet City, IL 60409

    $180,000
    0.11 AC lot

    Two-level mixed-use building with office workshop space below and a residential unit above for owner or rental flexibility.

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    Industrial Flex Campus with Outside Storage
    Industrial Flex Campus with Outside Storage

    2150 Dolton Rd, Calumet City, IL 60409

    Contact for pricing
    66,654 sqft 6.15 AC lot

    Campus of three buildings totaling 66,654 sf, including 15,000 sf office space and paved, fenced outside storage.

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    Office Building with Flex Space
    Office Building with Flex Space

    2320 Thornton Lansing Road, Lansing, IL 60438

    Contact for pricing

    Office building offering 25,898 SF of flexible commercial space for sale.

    View details
    Versatile Freestanding Brick Building
    Versatile Freestanding Brick Building

    17591 Paxton Ave, Lansing, IL 60438

    Contact for pricing
    7,500 sqft

    Adaptable commercial property with warehouse and office space for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Orland Park Industrial Land Available
    Orland Park Industrial Land Available

    15459 S 70th Court, Orland Park, IL 60462

    $449,900
    1.10 AC lot

    1.1 acre industrial land for sale in Orland Park.

    View details
    Orland Park Commercial Parcel
    Orland Park Commercial Parcel

    15459 S 70th Court, Orland Park, IL 60462

    $449,900
    1.10 AC lot

    1.01-acre commercial parcel in Orland Park's Business District.

    View details
    Light Industrial Development Land
    Light Industrial Development Land

    850 N, Ossian, IN 46777

    $203,500
    8.14 AC lot

    8.14-acre light industrial site within Ossian city limits, with city utilities available and build-to-suit options.

    View details
    Industrial Land Redevelopment Site
    Industrial Land Redevelopment Site

    1744 S County Road 1050 E, Indianapolis, IN 46231

    $650,000
    4.24 AC lot

    Industrial land zoned Ag and Light Industrial, outside the floodplain, with utilities on or near site and redevelopment potential.

    View details

    Munster, IN Flex Space Market Trends and Statistics

    Explore 8 flex space for sale in Munster, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 76,188 square feet of properties for sale, with an estimated market value of $9,939,900.

    Sale prices for business spaces in Munster, IN start at $339,900, averaging $2,484,975, and reaching up to $3,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 7

    Demographics Overview

    Population 24K
    Population Growth (5Y) +3.9%
    Median Household Income $105,764
    College Educated 65.4%

    High-Yield Neighborhoods for Investment

    Identify Munster submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46321 $3.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.54%
    Property Tax per SF $27.67 per SF
    Tax Rate vs County Average 0.52 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lake County

    Office

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    • 46321
    • 46320
    • 46324

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