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    4726 Calumet Ave Hammond, IN 46327

    For Sale
    $1,500,000

    Mixed Use - Hammond, IN

    Type:Mixed Use
    Property size:
    15,056 SF
    Lot size:
    1.23 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 4726 Calumet Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Security features
    Security Lighting, Smoke Detector(s)
    APN
    450225479020000023
    Parking features
    Driveway, Garage, Heated, Off Street, Oversized, Paved or Surfaced
    Exterior features
    Paved, Lighting, Security Lights
    Size
    15,056 SF
    Lot size
    1.23 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    2001
    Architectural style
    Other

    JK Pro Realty, LLC (219) 558-0412 [email protected]

    Listing agent Jimmy Karalis (219) 558-0412 License #RB14035192

    Listing date Aug 19, 2025

    MLS# 826315 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Unit Investment Opportunity

    This mixed-use property presents an investment opportunity with multiple units currently occupied by long-term tenants. Situated in a high-traffic area, the property includes large lots with frontage on both Calumet and Baltimore Avenue. The total living area of the property is 15,056 square feet, situated on a 1.2259-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fat Sam's Philly ... Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.509182
    Latitude
    41.627932

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    FAQs

    What type of property is this?
    Mixed-use property - Multi-unit property in high traffic area with long-term tenants.
    Where is this mixed-use property located?
    The property is located at 4726 Calumet Ave Hammond, IN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Multi-unit investment opportunity; - All units currently rented with long-term tenants; - High traffic area
    (219) 558-0412
    Request Owner's contact information
    4726 Calumet Ave Hammond, IN 46327
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    Hammond, IN 46327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4726 Calumet Ave Hammond, IN 46327
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