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5800 W Ridge Rd
Gary, IN 46408
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,785 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.10 AC

About 5800 W RIDGE RD , GARY, IN 46408

The subject investment property is situated on West Ridge Road, which boasts an average traffic count exceeding 20,976 vehicles per day. There are approximately 57,265 individuals residing within a three-mile radius of the subject property and approximately 181,204 individuals residing within a five-mile radius. The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants, schools, and an airport, all within close proximity of this property. Major national tenants include: Aldi, Menards, Walgreens, Dollar Tree, Family Dollar, AutoZone, O’Reilly Auto Parts, Advance Auto Parts, McDonald’s, Burger King, Dunkin’ Donuts, and many more. This Long John Silver’s is also within walking distance of Calumet High School, which boasts a total enrollment exceeding 667 students. Additionally, the subject property is less than 10 miles from Gary-Chicago International Airport, which experiences an average of 69 aircraft operations per day and has 109 aircrafts based on the field. Gary is part of Lake County, Indiana and is located 25 miles from downtown Chicago. Gary is adjacent to the Indiana Dunes National Lakeshore and borders southern Lake Michigan. Gary was named after lawyer Elbert Henry Gary, who was the founding chairman of the United States Steel Corporation. The city is known for its large steel mills, and as the birthplace of the Jackson 5 music group. Gary has stimulated over 100 million dollars in non-governmental investments over the past few years, which has led small business owners to embrace the city as a place to plant and grow. The city has created more than 2,000 jobs as a result of these investments and has also invested in over 1,000 youth through summer jobs and college scholarships. Gary has also invested in a new era of non-profit investment through its participation in national initiatives that have led to tangible positive outcomes and opportunities for the city’s residents. Gary provides the perfect location for a weekend getaway, a family vacation, a business trip, or a night on the town. Relax on the beach or rent a jet ski, take a long walk under the stars with Chicago’s beautiful skyline twinkling across the calm water, or spend the day shopping in the Lake Street Shopping District, filled with boutiques and galleries.

Property Taxes

Property Taxes

Parcel Number
45-07-25-126-011.000-003
Land Assessment
$360,700
Improvements Assessment
$260,700
Total Assessment
$621,400
  • Listing ID: 14535629

  • Date on Market: 12/3/2018

  • Last Updated:

  • Address: 5800 W Ridge Rd, Gary, IN 46408

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