Freestanding Restaurant on Ridge
745 Ridge Rd Munster, IN
For Sale
Contact for pricing
3,880 SF restaurant on 0.37 acres with 77 parking spaces.
Property Size3,880 SF
Lot Size0.80 Acres
Days on Market1088
Property Features for 745 Ridge Rd
General Information
Standard status
Active
Size
3,880 SF
Lot size
0.80 Acres
Property subtype
RETAIL
Listing Agency:
Lee & Associates | Chicago
(708) 921-1044
Listed By:
A. Rick Scardino
(708) 921-1044
Source:
Moodyscre
Added: Aug 7, 2023
Changed: Jul 6
Last Checked: Jul 21 at 8:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Chicago
Investment Insights
Based on property information with market context.
This 3,880 square foot freestanding restaurant, which includes a half basement, is situated on 0.37 acres. The property features 190 feet of frontage on Ridge Road and includes 77 parking spaces. The site is located in Munster, Indiana, near the Illinois/Indiana border, an upper middle-class suburb within the Chicago metropolitan area. Munster is recognized for high home ownership, convenient access to the Chicago metropolitan area, and low taxes. The property is located within close distance to retailers, schools such as St. Thomas More School and Munster High School, and Community Hospital. The location is in the CD-5 Urban Center Character District, and signage is available. Ridge Road sees 18,422 vehicles per day, while Calumet Avenue sees 34,411 vehicles per day. A South Shore train station extension is located approximately 0.5 miles from the site, and a new 500,000 square foot mixed-use development is planned in South Munster. The property is approximately a 30-minute drive to downtown Chicago and a 40-minute drive to Midway Airport. The property is suitable for restaurant or redevelopment. The property previously operated as a restaurant for over 30 years.
Key Highlights
- High‑traffic location with 190' frontage on Ridge Road (18,422 VPD) near Calumet Avenue (34,411 VPD) and a signalized intersection.
- Existing 3,880 SF restaurant with half basement on 0.37 acres, including FF&E and naming rights available for sale or lease.
- Located in Munster, IN, a highly‑rated (A+) and growing suburb of Chicago with low taxes and high home ownership.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Restaurant - 3,880 SF restaurant on 0.37 acres with 77 parking spaces.
Where is this restaurant located?
The property is located at 745 Ridge Rd Munster, IN.
What are key features of this property?
This property features: High‑traffic location with 190' frontage on Ridge Road (18,422 VPD) near Calumet Avenue (34,411 VPD) and a signalized intersection.; Existing 3,880 SF restaurant with half basement on 0.37 acres, including FF&E and naming rights available for sale or lease.; Located in Munster, IN, a highly‑rated (A+) and growing suburb of Chicago with low taxes and high home ownership.
