4514 Calumet Avenue Hammond, IN ^$ 700,000

4514 Calumet Avenue

^$ 700,000

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4514 Calumet Avenue

Hammond, IN, 46327

^$ 700,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 4,367

4514 Calumet Avenue, Hammond, IN 46327 - Image 1

4514 Calumet Avenue, Hammond, IN 46327 - Image 2

Commercial Property for sale in Hammond, IN

for $700,000. This building was built in 2025 on a lot size of 0.144.

Several vacant lots along with one existing home are available, offering endless potential for redevelopment or expansion. Situated in a highly visible and heavily trafficked commercial zone, these parcels are ideal for a wide variety of uses--retail, office space, mixed-use development, or long-term investment. With strong surrounding businesses, excellent accessibility, and steady growth in the area, this is your chance to secure a strategic property in one of Hammond's most sought-after locations. Don't miss out on shaping the future of this thriving community--schedule your showing today!

Commercial Active

Price

^$ 700,000

Property Type

Commercial

Taxes

^$ 1,312

Style

Unimproved Land

Lot Size

0.144

Year Built

2025

Town/City

Hammond

County/Region

Lake

MLS | Web ID

826853

Features

General

Sewer None

Heating None

Utilities Cable Available Sewer Available Natural Gas Available Electricity Available

Year Built 2025

Electric Other

Township North

Property Subtype Unimproved Land

Tax Year 2023

County Lake

Property Type Commercial Sale

Building Features Other

Status Active

Directions I-90 W to 141st St Turn left onto Calumet Ave Destination will be on the right

City Hammond

Lot Size Square Feet 6273

Listing Terms Cash Conventional

Tax Annual Amount 1312

Standard Status Active

Legal Description HOFFMAN'S 3RD ADD BLK 11 LOTS 42&43

Exterior

Exterior Amenities None

Water Source Public

Total Parking 0

Lot Size Acres 0.144

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

David Taylor

Listing Agent

Mccolly Real Estate

Broker

DavidTaylor@mccolly.com

Affordability Calculator

$4,476

Per Month

Monthly Principal & Interest: $4,367
Monthly Property Taxes: $109
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 20%

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
8/29/2025	$700,000		Listed Price

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4514 Calumet Avenue, Hammond, IN, 46327 is a Commercial Property for sale at $700,000 with a lot size of 0.144. 4514 Calumet Avenue was built in 2025. The property's zip code is 46327 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 12/13/2025.

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4514 Calumet Avenue

Commercial Property for sale in Hammond, IN

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