Listing provided courtesy of Realty Executives Premier IllinoisMREDas Distributed by MLSGrid- MLS# 12548552
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Request Info9404 Margo LaneMunster, IN 46321
Commercial · 13,282 Sq. ft. | 2.33 Acres$3,200,000
Active
9404 Margo Lane Overview
- Time on Site:
- 164 days
- Visits:
- 3
For Sale. Premium office or medical space in Munster's Business Corridor. Zoned CD-4B (Office/Medical/Mixed Use/Civic) Located at the Indiana/Illinois border (.03 miles) for an easy commute from Chicago. This space is completely built out. 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, and less than 3 miles from the new Munster South Shore Train station. The Lansing, IL Municipal Airport is just 1 mile away.
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9404 Margo Lane Facts & Features
- Type Commercial
- Sq. ft. 13,282
- Price/Sq.ft. $241
- Lot 2.33 Acres
Details
General
Income/Expenses
- Gross Income: 0
- Gross Scheduled Income: 0
- Net Operating Income: 0
- Operating Expense: 0
Building Information
- Year Built: 2017
Business Information
- Current Use: Commercial,Office,Medical/Dental
Location/Region
- County Or Parish: Lake
- MLS Area Major: Indiana - Munster
- Township: North
Rent/Lease Information
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Sewer, Varies by Tenant, All Utilities, Trash Collection
Tax Information
- Tax Annual Amount: $78,510.00
- Tax Year: 2024
General Information
- Parcel Number: 450625300013000027
- Possible Use: Commercial
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 13282
General Information
- Cooling: Central Air
- Electric: Circuit Breakers, Service - 201 to 600 Amps
- Flooring: Carpet, Vinyl
- Foundation Details: Concrete Perimeter
- Leasable Area: 0
- Stories: 1
Unit Information
- Unit SqFt.: 14534
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Acres: 2.33
- Lot Size Dimensions: 2.327
- Lot Size Square Feet: 101364
- Water Source: Municipal Water
Building Exterior/Construction
- Construction Materials: Brick, Steel Siding
- Roof: Metal
General Information
- Number Of Units Total: 1
- Utilities: Electric to Site,Natural Gas Available
9404 Margo Lane Neighborhood
Community
46321 (Munster) Demographics
45
Median Age
2,959
Population Density (per sq. mile)
53%
College Educated
$88,010
Estimated Median Income
7,221
Estimated Total Home Owners
1,314
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.9404 Margo Lane Monthly Cost
9404 Margo Lane Market Data
Based on the last 30 days in this zip code
$451,017
Average List Price
$176
Average Price per Square Foot
22
Properties Sold
62
Average Days on Market
95
Properties for Sale
9404 Margo Lane History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: MRED | Active |
|
| 6/12/2026Source: MRED | $3,200,000 -13.5% |
|
| 6/12/2026Source: MRED | Price Change |
|
| 5/12/2026Source: Northwest Indiana MLS | $3,200,000 -13.5% |
|
| 1/21/2026Source: MRED | Active |
|
| 1/16/2026Source: MRED | January 16, 2026 |
|
| 1/12/2026Source: Northwest Indiana MLS | January 12, 2026 |
|
| 10/10/2025Source: Northwest Indiana MLS | October 10, 2025 |