After spending a few hours scouring the Internet for answers and troubleshooting, I found the answer and decided to document the steps.
1. Install "make" and "gcc" on Ubuntu.
2. Install VMware Workstation Pro (for personal use) using the bundle downloaded from Broadcom's website.
3. Run the following script to overcome the issue of not being able to build VMware modules due to Ubuntu Kernel version incompatibility.
#!/bin/bash
git clone https://github.com/mkubecek/vmware-host-modules
cd vmware-host-modules
git checkout workstation-17.5.0
sudo make ; sudo make install
Viola! VMware Workstation Pro 17.5.2 should work now. Do note that the version listed above was through trial and error.