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    Hammond, IN
    Flex Space

    Hammond, IN Flex Space for Sale

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    Calumet City, IL East Chicago, IN Lansing, IL Chicago, IL Whiting, IN South Holland, IL Dolton, IL Gary, IN
    8 properties
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    Versatile Industrial/Flex Space Building
    Updated: Apr 8
    Versatile Industrial/Flex Space Building

    6547 Kennedy Avenue, Hammond, IN 46323

    $625,000
    10,370 sqft
    10,370 SF industrial/flex space
    Zoned C4 for versatile usage
    Minutes from expressway (I‑80/94)
    Adaptable space for a wide variety of uses
    One 12‑foot door on the east side (rear)
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    This listing looks promising.

    Here's a quick look at some key insights for

    6547 Kennedy Avenue, Hammond, IN 46323

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $57K
      Annual

    • Price @ 7% Cap

      $820K
      Above asking
    View Property Analytics
    Office and Warehouse Flex Building
    Updated: Jan 12
    Office and Warehouse Flex Building

    9404 Margo Lane, Munster, IN 46321

    $3,200,000
    14,534 sqft 2.33 AC lot
    2017‑built office building with 13,382 SF plus a 48' x 24' (4‑car) garage/extra 1,152 SF storage; total 14,534 SF
    Includes 11 private executive offices and 50 additional workspaces; open work area with 50+ workstations and a copy room
    Conference room seating for 16 people and a modern break area; building also features multiple restrooms and an employee break room with full kitchen
    On‑site parking includes 63 parking spaces plus 4 garage spaces; accessible approach with ramp
    Furnished with desks, chairs, cabinetry, and workstations (including reception and waiting area furnishings)
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    Flex Warehouse with Office Area
    Flex Warehouse with Office Area

    917 Conkey Street, Hammond, IN 46320

    $339,900
    3,240 sqft 0.12 AC lot

    Flexible open-layout warehouse with overhead garage doors and a client waiting room, supported by multiple recent building updates.

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    Office and Warehouse Flex Building
    Office and Warehouse Flex Building

    9404 Margo Lane, Munster, IN 46321

    $3,200,000
    2.33 AC lot

    Turn-key office/warehouse property with executive offices, more than 50 workspaces, and additional garage storage.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Free-Standing Building on Corner Lot
    Free-Standing Building on Corner Lot

    5646 Hohman Ave, Hammond, IN

    $369,000
    4,977 sqft 0.34 AC lot

    4,977 SF building suitable for retail, service, or flex uses.

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    Industrial/Flex Space Building For Sale
    Industrial/Flex Space Building For Sale

    6541 Kennedy Ave, Hammond, IN

    $625,000
    10,370 sqft 0.35 AC lot

    10,370 SF industrial/flex space building, versatile C4 zoning.

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    Versatile Commercial Building on Double Lot
    Versatile Commercial Building on Double Lot

    917 Conkey St, Hammond, IN 46320

    $339,900
    3,200 sqft 0.12 AC lot

    3,200 sq ft commercial building ideal for various business operations.

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    Indoor Business Park Flex Space
    Indoor Business Park Flex Space

    1650 W 45th Street, Munster, IN 46321

    $2,450,000

    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 18 Potential Opportunities for your consideration. Besides 8 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 4 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.

    Retail Flex Building with Attached Garage
    Retail Flex Building with Attached Garage

    10050 S Ewing Avenue, Chicago, IL 60617

    $200,000
    0.07 AC lot

    Single-story flex retail building with attached garage, storefront, workshop/warehouse space, and heavy-load elevator to basement.

    View details
    Manufactured Flex Building with Multiple Units
    Manufactured Flex Building with Multiple Units

    18418 Wentworth Avenue, Lansing, IL 60438

    $325,000
    11,500 sqft

    11,500 sq. ft. manufactured flex building on a corner featuring five units, overhead doors, and fenced back parking.

    View details
    Industrial Facility Near I-94
    Industrial Facility Near I-94

    12000 S Doty Avenue, Chicago, IL 60628

    $850,000
    24,400 sqft 1.30 AC lot

    24,400 SF industrial facility with easy expressway access.

    View details
    Versatile Freestanding Brick Building
    Versatile Freestanding Brick Building

    17591 Paxton Ave, Lansing, IL 60438

    $750,000
    7,500 sqft

    Adaptable commercial property with warehouse and office space for sale.

    View details

    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.

    View details
    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
    Light Industrial Development Land
    Light Industrial Development Land

    850 N, Ossian, IN 46777

    $203,500
    8.14 AC lot

    8.14-acre light industrial site within Ossian city limits, with city utilities available and build-to-suit options.

    View details
    Industrial Redevelopment Land Site
    Industrial Redevelopment Land Site

    1744 S County Road 1050 E, Indianapolis, IN 46231

    $650,000
    4.24 AC lot

    Redevelopment land totaling 4.24 acres zoned for industrial use with utilities on or near the site and access potential.

    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 10 flex space for sale in Hammond, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 46,691 square feet of properties for sale, with an estimated market value of $5,498,800.

    Sale prices for business spaces in Hammond, IN start at $339,900, averaging $916,466, 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 2
    Breweries 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
    46320 $339.9K
    46323 $625K

    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

    Retail

    Property Size Breakdown

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

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    • 46320
    • 46323

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