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1137 167th Street Hammond, IN $ 1,100,000
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1137 167th Street
$ 1,100,000
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1137 167th Street

Hammond, IN, 46324
$ 1,100,000
Bedrooms-- Baths-- Sq 14,195

Monthly Estimate*

$ 7,597

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Commercial Property for sale in Hammond, IN

for $1,100,000. This 14,195 square foot building was built in 1929 on a lot size of 2.38.

Prime Hammond Commercial & Investment Opportunity! Nearly 3 acres on a highly visible corner location with significant traffic exposure, offering a unique combination of commercial, storage unit, and residential income potential. The property features a recently remodeled office building with three separate office spaces, multiple storage units that are currently leased, and additional space suitable for a mechanic, contractor, or shop operation. Two separate residential units are also currently leased, providing additional rental income. With multiple existing income streams, flexible commercial use potential, and a prominent location in Hammond, this property offers an exceptional opportunity for an investor or owner-user looking to acquire a versatile income-producing property with substantial land.

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 13,444

Style

Business

Lot Size

2.38

Year Built

1929

Town/City

Hammond

County/Region

Lake

MLS | Web ID

847527
Features
Interior
Interior Amenities Ceiling Fan(s) Entrance Foyer
Laundry Features Gas Dryer Hookup Washer Hookup Laundry Room Lower Level
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General
Sewer Public Sewer
Heating Forced Air
Utilities Cable Connected Water Connected Sewer Connected Natural Gas Connected Electricity Connected
Appliances Dryer Water Heater Washer Microwave Electric Range Dishwasher Disposal
Security Features Carbon Monoxide Detector(s) Security System Security Lights Smoke Detector(s)
Year Built 1929
Electric 200+ Amp Service Other
View None
Township North
Property Subtype Business
Tax Year 2024
County Lake
Property Type Commercial Sale
Subdivision Name Ridge Road Add
Building Features High Speed Internet Avail Industrial Park Location Exterior Lighting Enclosed Stair(s) Hydraulic Lift Private Restrooms Multi Tenant Meeting Room Lunch Room
Status Active
Directions Calumet Ave to 167th. East on 167th. Property is on the Northwest Corner of Columbia Ave and 167th.
City Hammond
Lot Size Square Feet 103672.8
Listing Terms Cash Conventional
Tax Annual Amount 13444
Standard Status Active
Legal Description RESUB. OF LOT 1 & E. 61.08 FT. L.2 RIDGE ROAD ADD. L.H RIDGE ROAD ADD. W. 50 FT. L.2 RIDGE ROAD ADDITION E.50FT OF W.100FT LOT 2 & PT W1/2 VAC. ST. ADJ.
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Exterior
Exterior Amenities Lighting Storage Rain Gutters Private Yard
Parking Features Detached Oversized Gravel Driveway Asphalt Alley Access Additional Parking Garage Door Opener
Lot Features Back Yard Sprinklers In Front Near Public Transit Landscaped Few Trees Corner Lot
Water Source Public
Total Parking 15
Lot Size Acres 2.38
Lot Size Source Appraiser
Waterfront Y/N N
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* Excluded Features
List By
Brandon Smith

Listing Agent

Mccolly Real Estate

Broker

brandonsmith@mccolly.com

Email

Affordability Calculator

$8,718
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,597
Monthly Property Taxes
$1,120
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/29/2026$1,100,000 Listed Price

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1137 167th Street, Hammond, IN, 46324 is a Commercial Property for sale at $1,100,000 with 14,195 sqft and a lot size of 2.38. 1137 167th Street was built in 1929. The property's zip code is 46324 which is in Hammond, IN

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