Commercial Land with Existing
For Sale
Contact for pricing
4514 Calumet Avenue, Hammond, IN 46327
Multiple vacant lots with one existing home, positioned in a highly visible, heavily trafficked commercial zone in Hammond.
Property SizeContact for details
Days on Market345
Property Features for 4514 Calumet Avenue
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
McColly Real Estate
(219) 306-7812
Listed By:
Sofia Espinoza · License #RB22000327
Source:
Crexi
Added: Aug 30, 2025
Changed: Aug 8
Last Checked: Mar 29 at 8:31PM
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 McColly Real Estate
Investment Insights
Based on property information with market context.
This offering includes several vacant lots together with one existing home, providing a flexible foundation for redevelopment or expansion. The parcels are being marketed as suitable for a range of commercial and mixed-use possibilities, with the existing home supporting near-term continuity while plans are developed.
Located at 4514 Calumet Avenue in Hammond, the property sits in a highly visible and heavily trafficked commercial zone, with surrounding businesses nearby. Access and exposure are key characteristics emphasized in the offering materials.
Overall, this is a land assemblage with both vacant areas and an existing structure, intended to support a variety of redevelopment and long-term holding options.
Located at 4514 Calumet Avenue in Hammond, the property sits in a highly visible and heavily trafficked commercial zone, with surrounding businesses nearby. Access and exposure are key characteristics emphasized in the offering materials.
Overall, this is a land assemblage with both vacant areas and an existing structure, intended to support a variety of redevelopment and long-term holding options.
Key Highlights
- Multiple vacant lots plus one existing home available for redevelopment or expansion
- Positioned in a highly visible, heavily trafficked commercial zone in Hammond
- Suitable for a wide variety of uses including retail, office, and mixed‑use development
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Multiple vacant lots with one existing home, positioned in a highly visible, heavily trafficked commercial zone in Hammond.
Where is this commercial land located?
The property is located at 4514 Calumet Avenue Hammond, IN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Multiple vacant lots plus one existing home available for redevelopment or expansion; Positioned in a highly visible, heavily trafficked commercial zone in Hammond; Suitable for a wide variety of uses including retail, office, and mixed‑use development
