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    Hammond, IN
    Flex Space
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    Hammond, IN Flex Space 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
    Built-Out Flex Space with Warehouse
    Updated: Jan 16
    Built-Out Flex Space with Warehouse

    9404 Margo Lane, Munster, IN 46321

    $3,200,000
    2.33 AC lot
    13,382‑square‑foot office building plus 1,152‑square‑foot garage, totaling 14,534 square feet
    11 private executive offices and over 50 workstations
    63 parking spaces plus 4 garage spaces
    2.33‑acre site with the building occupying approximately half of the usable lot
    Conference room accommodates 16 people and includes adjacent break area
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    Manufacturing Building with Loft
    Updated: Jun 18
    Manufacturing Building with Loft

    6730 Columbia Ave, Hammond, IN 46324

    $285,000
    5,700 sqft
    5,700 SF manufacturing building constructed in 1922
    Three garage doors provide service and equipment access
    Upstairs loft and two bathrooms included
    New roof
    Potential to divide the building into three separate units
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    Industrial Building with Overhead Cranes
    Industrial Building with Overhead Cranes

    850 165th Street, Hammond, IN 46324

    Contact for pricing
    32,398 sqft

    Clean industrial building with drive-in doors, docks, cranes, and 16-foot clear height plus office and break-room space.

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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
    Four-Unit Retail/Industrial Building
    Four-Unit Retail/Industrial Building

    7235-7241 Calumet Ave, Hammond, IN 46324

    Contact for pricing
    8,906 sqft

    Four-unit property with two leased retail spaces and two light industrial units plus four garages and onsite parking.

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    Indoor Business Park Flex Space
    Indoor Business Park Flex Space

    1650 W 45th Street, Munster, IN 46321

    Contact for pricing

    Single-level flex setup with abundant parking and accessible rear entry for office and specialized retail use.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Flex Building with Crane
    Flex Building with Crane

    18418 Wentworth Ave, Lansing, IL 60438

    $275,000
    11,500 sqft

    Five-unit industrial property with showroom, office, storage, workshop, and fenced rear yard.

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    Mixed-Use Property with Workshop
    Mixed-Use Property with Workshop

    591 Burnham Ave, Calumet City, IL 60409

    $165,000
    0.34 AC lot

    Main level includes private offices, support rooms, and reception space.

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    Mixed-Use Property with Workshop
    Mixed-Use Property with Workshop

    591 Burnham Avenue, Calumet City, IL 60409

    $165,000
    0.11 AC lot

    Commercial workspace with offices, workshop area, and an upper-level residential unit for live-work use.

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    Flex Space with Overhead Doors
    Flex Space with Overhead Doors

    19528 Burnham Avenue, Lansing, IL 60438

    Contact for pricing

    Currently configured for retail, with showroom, storage areas, rear parking, and a barn.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Orland Park Industrial Land Available
    Orland Park Industrial Land Available

    15459 S 70th Court, Orland Park, IL 60462

    $449,900
    1.10 AC lot

    1.1 acre industrial land for sale in Orland Park.

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    Orland Park Commercial Parcel
    Orland Park Commercial Parcel

    15459 S 70th Court, Orland Park, IL 60462

    $449,900
    1.10 AC lot

    1.01-acre commercial parcel in Orland Park's Business District.

    View details

    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.

    2825 J.f. Mahoney Dr
    Refrigerated & Cold Storage

    2825 J.f. Mahoney Dr, Hammond, IN 46323

    Value Estimation by Request
    95,352 sqft 6.20 AC lot
    View details
    6718 Kennedy Ave
    Distribution properties

    6718 Kennedy Ave, Hammond, IN 46323

    Value Estimation by Request
    11,206 sqft 1.03 AC lot
    View details

    Hammond, IN Flex Space Market Trends and Statistics

    Explore 7 flex space for sale in Hammond, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 47,004 square feet of properties for sale, with an estimated market value of $3,485,000.

    Sale prices for business spaces in Hammond, IN start at $285,000, averaging $1,742,500, and reaching up to $3,200,000 — 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

    Flex space 13
    Manufacturing properties 5
    Distribution centers 3
    Breweries 1
    Truck terminals 1

    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 $285K

    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

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Hammond fall within the 100,000+ square foot range.

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    • 46321

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