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Corner Lot Commercial Building
For Sale
Contact for pricing
Pending

931 Chicago St, Hammond, IN 46327

Commercial building on a corner lot with main-floor office and retail-ready space, plus residential-style living areas on upper levels.

Property SizeContact for details
Days on Market144

Property Features for 931 Chicago St

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily, Office
Zoning R-1U

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes

Building Details

Stories 2
Listing Agency: Banga Realty
Listed By: Hector F Magallanes · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 28 Last Checked: Sep 1 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Banga Realty

Investment Insights

Based on property information with market context.

This commercial building offers multiple functional levels. The main floor includes a kitchen, walk-in cooler, office space, and two public restrooms. The second-floor unit features four bedrooms, two fully remodeled bathrooms, a kitchen, living room, and laundry room. Additional finished attic space adds living area with a kitchenette, two bedrooms, and a full bathroom. A detached two-car garage, fenced yard, and corner-lot setting support a flexible layout.

The property is zoned R-1U and is described as being in a high-traffic area of Hammond with Chicago St frontage. It is also noted to be close to highways, schools, parks, and the IN/IL border, with easy access to Chicago.

For investors or owner-users evaluating a building with both commercial and finished living space components, the on-site configuration provides multiple rooms and amenities across the main, second, and attic levels.

Key Highlights

  • Commercial building on a corner lot in a high‑traffic Hammond area with Chicago St frontage
  • Zoned R‑1U
  • Main floor includes kitchen, walk‑in cooler, office space, and 2 public restrooms—flexible for multiple uses

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Kitchen & Bath Showroom Nail Salon Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby

Demographics for 46327, IN

11,078
Population
4,389
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
77%
High-School Grad
4.6 sq mi
ZIP Area
2,408
Density / Sq Mi
$50,457
Median Household Income
$30,939
Median Earnings
$1,133
Median Rent
$116,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Commercial building on a corner lot with main-floor office and retail-ready space, plus residential-style living areas on upper levels.
Where is this office building located?
The property is located at 931 Chicago St Hammond, IN.
What are key features of this property?
This property features: Commercial building on a corner lot in a high‑traffic Hammond area with Chicago St frontage; Zoned R‑1U; Main floor includes kitchen, walk‑in cooler, office space, and 2 public restrooms—flexible for multiple uses
(219) 661-7528 Call to check price and availability
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