1542 Summer Street Hammond, IN ^$ 450,000

1542 Summer Street

^$ 450,000

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1542 Summer Street

Hammond, IN, 46320

^$ 450,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 2,807

1542 Summer Street, Hammond, IN 46320 - Image 1

Commercial Property for sale in Hammond, IN

for $450,000. This building was built in 1970 on a lot size of 0.248.

Package Sale with 1531 Summer St, 1532 Summer St and 1533 Summer St. Shop/Garage 22x22ft with half bath. Waiting area 12x7, work area 19x12, 200 amp electric. Owner will sell 1542 separately make an offer. 1531 lots will sell separately for 10,000 each and 1532 separately for 20,000.

Commercial Active

Price

^$ 450,000

Property Type

Commercial

Taxes

^$ 985

Style

Unimproved Land

Lot Size

0.248

Year Built

1970

Town/City

Hammond

County/Region

Lake

MLS | Web ID

815748

Features

Interior

Interior Amenities Other

General

Sewer Other

Heating None

Utilities Electricity Connected Natural Gas Connected

Year Built 1970

Electric 200+ Amp Service

Township North

Property Subtype Unimproved Land

Tax Year 2024

County Lake

Property Type Commercial Sale

Building Features Other

Status Active

Directions Indianapolis west on Summer St

City Hammond

Lot Size Square Feet 10802.88

Listing Terms Cash Conventional

Property Attached Y/N N

Tax Annual Amount 985

Standard Status Active

Legal Description Standard Add All Lot 59 all L.60 STANDARD ADD. L.79 Standard Add Lots 64&65 Standard Add Lots 80

Exterior

Exterior Amenities None

Fencing Chain Link

Water Source Public

Total Parking 2

Lot Size Acres 0.248

Lot Size Source Appraiser

Waterfront Y/N N

* Excluded Features

List By

Maria Carmen Becerra

Listing Agent

Mccolly Real Estate

Broker

MariaCbecerra@gmail.com

Affordability Calculator

$2,889

Per Month

Monthly Principal & Interest: $2,807
Monthly Property Taxes: $82
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Hammond, IN

Average List Price ^$556,909

Percent of Sale Price 24%

About Hammond, IN

77,082 Population

-7% Since 2002

^$41,776 Median Income

35.38 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/5/2025	$450,000		Listed Price

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1542 Summer Street, Hammond, IN, 46320 is a Commercial Property for sale at $450,000 with a lot size of 0.248. 1542 Summer Street was built in 1970. The property's zip code is 46320 which is in Hammond, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/14/2025.

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1542 Summer Street

Commercial Property for sale in Hammond, IN

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