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Listing provided courtesy of Realty of America, LLCMREDas Distributed by MLSGrid- MLS# 12573002MLS Provider

3521 Ridge RoadLansing, IL 60438

Commercial · 2,080 Sq. ft.
$300,000 Active

3521 Ridge Road Overview

Time on Site:
130 days
Visits:
0

Positioned along highly visible Ridge Road, this well-maintained commercial property offers a strong opportunity for investors seeking stable income in a high-traffic corridor. The space is currently operating as a restaurant and reflects pride of ownership throughout, with a clean, functional layout designed for daily operations and customer flow. The property features a newer air conditioning system, two bathrooms, and multiple office or storage rooms that provide flexibility for business needs. Rear parking adds convenience for staff , enhancing accessibility and usability. With an established tenant in place and a lease secured through August 2027, this property presents a turnkey investment with immediate cash flow and long-term stability.

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3521 Ridge Road Facts & Features

  • Type Commercial
  • Sq. ft. 2,080
  • Price/Sq.ft. $144

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Net Operating Income: 0

Building Information

  • Year Built: 1949

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Lansing

Tax Information

  • Tax Annual Amount: $12,261.00
  • Tax Year: 2024

General Information

  • Parcel Number: 30323070140000
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 2080

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 2080

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 32x226
  • Lot Size Square Feet: 7148

3521 Ridge Road Neighborhood

Community

60438 (Lansing) Demographics

40
Median Age
3,536
Population Density (per sq. mile)
35%
College Educated
$57,143
Estimated Median Income
7,340
Estimated Total Home Owners
3,632
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

3521 Ridge Road Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3521 Ridge Road Market Data

Based on the last 30 days in this zip code

$211,890
Average List Price
$153
Average Price per Square Foot
28
Properties Sold
81
Average Days on Market
159
Properties for Sale
Calculations provided by Reliance Network

3521 Ridge Road History

Date Event Value Agent
5/12/2026Source: MRED Status Change
Active
5/7/2026Source: MRED Price Reduction
$300,000 -21.1%
5/7/2026Source: MRED Status Change
Price Change
2/24/2026Source: MRED Status Change
Active
2/19/2026Source: MRED Added to Database
February 19, 2026