6803 Schneider Avenue Hammond, IN $ 949,000
6803 Schneider Avenue
$ 949,000
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6803 Schneider Avenue

Hammond, IN, 46323
$ 949,000
Bedrooms-- Baths-- Sq 6,048

Monthly Estimate*

$ 5,843

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Commercial Property for sale in Hammond, IN

for $949,000. This 6,048 square foot building was built in 1951 on a lot size of 0.25.

This property located in the highly desirable South Hammond submarket and presents an excellent opportunity to acquire a well-positioned 10-unit multifamily asset just minutes from the Hammond campus of Purdue University Northwest. The property is situated in a stable rental corridor with consistent housing demand driven by students, faculty, local employers, and commuters. The property's proximity to Purdue University Northwest provides a strong tenant base and long-term occupancy potential, while convenient access to major highways including I-80/94 and Indianapolis Boulevard offers an easy commute throughout Northwest Indiana and the greater Chicago metropolitan area. Investors will appreciate the combination of scale, location, and value-add potential in one of Hammond's most established neighborhoods. With multifamily inventory in this area remaining limited, this property offers the opportunity to capitalize on durable rental demand and strong long-term cash flow potential. Whether you're seeking to expand an existing portfolio or acquire a strategically located multifamily investment this property represents a compelling opportunity in a growing Northwest Indiana market.

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Commercial Active

Price

$ 949,000

Property Type

Commercial

Taxes

$ 12,414

Style

Multi Family

Lot Size

0.25

Year Built

1951

Town/City

Hammond

County/Region

Lake

MLS | Web ID

840017

Features
General
Sewer Public Sewer
Heating Baseboard
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Year Built 1951
Electric Other
View Neighborhood
Township North
Property Subtype Multi Family
Tax Year 2025
Gross Income 102780
County Lake
Net Operating Income 68107
Property Type Commercial Sale
Subdivision Name Forestdale
Building Features Other
Status Active
Directions From the highway take the Kennedy Avenue exit and head south approximately one mile before turning east onto 169th Street. Continue to Schneider Avenue and head south to the property.
City Hammond
Lot Size Square Feet 10890
Listing Terms Cash Other Conventional
Tax Annual Amount 12414
Standard Status Active
Legal Description FORESTDALE L.1 & L.2 BL.12
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Exterior
Parking Features Alley Access On Street
Water Source Public
Total Parking 6
Lot Size Acres 0.25
Lot Size Source Assessor
Waterfront Y/N N
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Interior
Laundry Features Laundry Room
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* Excluded Features
List By
Andrew Page

Listing Agent

Ellsbury Group

Broker

andypage201@yahoo.com

Email

Affordability Calculator

$6,878
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,843
Monthly Property Taxes
$1,035
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/3/2026$949,000 Listed Price

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6803 Schneider Avenue, Hammond, IN, 46323 is a Commercial Property for sale at $949,000 with 6,048 sqft and a lot size of 0.25. 6803 Schneider Avenue was built in 1951. The property's zip code is 46323 which is in Hammond, IN