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7235 Calumet AVE Hammond, IN 46324
12,106 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 12,106 sqft
Price per Sqft $35
Subdivision Wood Lawn Terrace
MLS Listing ID 838209
Year Built 1946
Annual Tax Amount $12,048
Tax Year 2025
Lot Size 0.287 Acres
Acres 0.287
Property Sub-Type Mixed Use
Property Description
Great investment opportunity offered below market value! This established corner-lot commercial property is located in a high-traffic area along Calumet Avenue and offers over 12,000 square feet of versatile space. The building provides potential for up to 7 separate retail/commercial units, making it ideal for investors or owner-users seeking strong income potential once fully occupied. Additional value includes garage space accommodating 9+ vehicles, allowing for mixed-use possibilities, storage, or tenant amenities. Excellent visibility, flexible layout, and upside potential make this a solid value-add opportunity.
Location
State IN
County Lake
Interior
Heating Forced Air, Natural Gas
Fireplace N
Exterior
View Y/N true
View true
Schools
School District Hammond
Others
Tax ID 450707351019000023
Acceptable Financing NRA20260504005353226236000000
Listing Terms NRA20260504005353226236000000
Listed by Listing Leaders Northwest • Anil Bhalla