For Sale
Property summary
The property is a built-out office or medical facility with a combined office and shipping/warehouse configuration. The office portion includes 11 private executive offices, more than 50 additional workspaces, reception and waiting areas, a conference room seating approximately 16 people, multiple break areas and restroom areas, and a copy room supporting the open work area. The back-of-house contains shipping and warehouse space. An additional 48 ft by 24 ft garage structure provides four garage spaces and added storage. The office building was constructed in 2017 and has modern infrastructure; the building footprint covers roughly half of the usable lot, allowing room for future development. The property is zoned CD-4B for office, medical, mixed use, and civic uses, and is located in Munster’s business corridor near the Indiana/Illinois border, adjacent to 45th Street and Margo Lane, with nearby hospitals and South Shore commuter train stations located within approximately three miles.
Property profile
VerifiedCap rate & NOI
Current use
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Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Munster market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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