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    Hammond, IN
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    Hammond, IN Commercial Land for Sale

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    Calumet City, IL East Chicago, IN Lansing, IL Chicago, IL South Holland, IL Whiting, IN Dolton, IL Hillsdale, IN
    10 properties
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    Hammond Land Redevelopment Opportunity
    Updated: Aug 29, 2025
    Hammond Land Redevelopment Opportunity

    4514 Calumet Avenue, Hammond, IN 46327

    $700,000
    0.14 AC lot
    Highly visible location in a heavily trafficked commercial zone.
    Potential for redevelopment or expansion with multiple vacant lots.
    Suitable for various uses: retail, office space, mixed‑use development.
    Strong surrounding businesses and steady area growth.
    Excellent accessibility.
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    Hammond, IN Land Opportunity
    Updated: Aug 29, 2025
    Hammond, IN Land Opportunity

    4514 Calumet Avenue, Hammond, IN 46327

    $700,000
    0.14 AC lot
    Highly visible location in a heavily trafficked commercial zone.
    Endless potential for redevelopment or expansion with vacant lots and one existing home.
    Ideal for a wide variety of uses: retail, office space, mixed‑use development, or long‑term investment.
    Excellent accessibility.
    Strong surrounding businesses and steady growth in the area.
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    Land Near Hammond Landmarks
    Land Near Hammond Landmarks

    6850 Indianapolis Blvd, Hammond, IN 46324

    $450,000
    0.45 AC lot

    0.45 acre land near YMCA, sports complex, Purdue campus.

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    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Zoned Commercial Development Land
    Zoned Commercial Development Land

    10425 Calumet Avenue, Munster, IN 46321

    Contact for pricing
    2.00 AC lot

    2-acre gross lot with utilities to site, zoned CD-4.A, at Calumet Avenue and Main Street.

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    Commercial Land with Garage
    Commercial Land with Garage

    5925-5945 Willis Ave, Hammond, IN 46320

    Contact for pricing

    Bundle sale includes vacant land and an existing garage.

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    Vacant Commercial Land
    Vacant Commercial Land

    1421 Chicago St, Hammond, IN 46327

    Contact for pricing

    Vacant commercial land positioned along Route 312 and Chicago Street.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    6241 Columbia Ave, Hammond, IN 46320

    Contact for pricing

    Development land near established retailers, a shopping center, and heavily traveled 165th Street.

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    Commercial Land with Existing Home
    Commercial Land with Existing Home

    4514 Calumet Avenue, Hammond, IN 46327

    Contact for pricing

    Multiple vacant lots with one existing home, positioned in a highly visible, heavily trafficked commercial zone in Hammond.

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    Commercial Lot in Busy Area
    Commercial Lot in Busy Area

    4763 Calumet Ave, Hammond, IN 46327

    Contact for pricing
    0.19 AC lot

    Commercial lot in a high-traffic area, suitable for various businesses.

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    Commercial Land in Central District
    Commercial Land in Central District

    440 Douglas St, Hammond, IN 46320

    Contact for pricing

    Land in Hammond's Central Business District, accessible via public transit.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fenced Commercial Land
    Fenced Commercial Land

    2248 New York Avenue, Whiting, IN 46394

    $274,000
    46,391 sqft

    Vacant, fenced commercial lot in Whiting with Commercial zoning.

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    Commercial Land with Utilities
    Commercial Land with Utilities

    1300 W 145th Street, East Chicago, IN 46312

    $329,900
    4.08 AC lot

    Commercial land offering public water and sewer access for future development.

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    Commercial Land Development Site
    Commercial Land Development Site

    1401-1403 121st St, Whiting, IN 46394

    $42,500

    Two-lot development site with water and sewer serving the property.

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    Commercial Land Development Parcel
    Commercial Land Development Parcel

    611 W Chicago Ave, East Chicago, IN 46312

    Contact for pricing

    For-sale commercial land at 611 W Chicago Ave, suited for buyers looking to build a business.

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    Off-Market Properties in Hammond, IN

    Consider similar Off-Market properties in Hammond, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    9410 Calumet Ave
    VACANT COMMERCIAL LAND

    9410 Calumet Ave, Munster, IN 46321-2921

    $245,000
    Estimated value
    0.49 AC lot
    View details
    5129 Hohman Ave
    VACANT COMMERCIAL LAND

    5129 Hohman Ave, Hammond, IN 46320-1504

    $250,000
    Estimated value
    10,450 sqft 0.16 AC lot
    View details
    6026 Calumet Ave
    VACANT COMMERCIAL LAND

    6026 Calumet Ave, Hammond, IN 46320-2522

    $175,000
    Estimated value
    2,254 sqft 0.07 AC lot
    View details
    824 May St
    VACANT COMMERCIAL LAND

    824 May St, Hammond, IN 46320-2152

    $105,000
    Estimated value
    4,864 sqft 0.14 AC lot
    View details
    Ss Riv Dr
    VACANT COMMERCIAL LAND

    Ss Riv Dr, Munster, IN 46321

    $255,000
    Estimated value
    0.25 AC lot
    View details
    3518 Sheffield Ave
    VACANT COMMERCIAL LAND

    3518 Sheffield Ave, Hammond, IN 46327-1005

    $250,000
    Estimated value
    1.59 AC lot
    View details
    301 136th St
    VACANT COMMERCIAL LAND

    301 136th St, Hammond, IN 46320

    $255,000
    Estimated value
    4.01 AC lot
    View details
    3413 Sheffield Ave
    VACANT COMMERCIAL LAND

    3413 Sheffield Ave, Hammond, IN 46327

    $375,000
    Estimated value
    12.64 AC lot
    View details
    1302 165th St, Unit 14
    VACANT COMMERCIAL LAND

    1302 165th St, Hammond, IN 46320-2801

    Unit 14
    $230,000
    Estimated value
    2.20 AC lot
    View details
    6116 Kennedy Ave
    VACANT COMMERCIAL LAND

    6116 Kennedy Ave, Hammond, IN 46323-1044

    $230,000
    Estimated value
    0.23 AC lot
    View details
    2740 161st St
    VACANT COMMERCIAL LAND

    2740 161st St, Hammond, IN 46323

    $235,000
    Estimated value
    0.06 AC lot
    View details
    Harold P Hadburg Dr
    VACANT COMMERCIAL LAND

    Harold P Hadburg Dr, Munster, IN 46321

    $400,000
    Estimated value
    2.85 AC lot
    View details
    3 Carroll St
    VACANT COMMERCIAL LAND

    3 Carroll St, Hammond, IN 46320-1902

    $230,000
    Estimated value
    0.13 AC lot
    View details
    9 Carroll St
    VACANT COMMERCIAL LAND

    9 Carroll St, Hammond, IN 46320-1902

    $230,000
    Estimated value
    0.14 AC lot
    View details

    Hammond, IN Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Hammond, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 127,544 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for commercial lots in Hammond, IN start at $450,000, averaging $616,666, and reaching up to $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 40
    Commercial land 12
    Industrial land 3
    Recreation land 3
    Waterfront Land 2

    Demographics Overview

    Population 117K
    Population Growth (5Y) +1.0%
    Median Household Income $68,360
    College Educated 24.8%

    High-Yield Neighborhoods for Investment

    Identify Hammond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46324 $450K
    46327 $700K

    Taxes & Financing

    Tax Rate (average for all types) 3.82%
    Property Tax per SF $41.87 per SF
    Tax Rate vs County Average 0.74 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lake County

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    Most Searched ZIP Codes in Hammond, IN

    • 46327
    • 46320
    • 46321
    • 46324

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