Hammond Land Redevelopment
For Sale
Under Contract
$700,000
4514 Calumet Avenue, Hammond, IN 46327
Commercial Sale, Hammond, IN
Property SizeContact for details
Lot Size0.14 Acres
Days on Market357
Property Features for 4514 Calumet Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Directions
I-90 W to 141st St, Turn left onto Calumet Ave, Destination will be on the right
Standard status
Active Under Contract
APN
450225429018000023
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
HOFFMAN'S 3RD ADD BLK 11 LOTS 42&43
Tax Annual Amount
1312
Legal Description
HOFFMAN'S 3RD ADD BLK 11 LOTS 42&43
Utilities
Utilities
Cable Available
Water source
Public
Building Details
Year built
2025
Listing Agency:
McColly Real Estate
(219) 663-3835
Listed By:
David Taylor · License #RB14023719
(219) 306-7812
Added: Aug 29, 2025
Changed: Aug 19
Last Checked: Aug 20 at 1:06PM
MLS# 826853
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Several vacant lots, along with one existing home, are available, presenting opportunities for redevelopment or expansion. Located in a highly visible and heavily trafficked commercial zone in Hammond, Indiana, these parcels are suitable for various uses, including retail, office space, mixed-use development, or long-term investment. The property is situated in Lake County, Indiana, with strong surrounding businesses and excellent accessibility. The lot size is approximately 0.144 acres. The location benefits from steady growth in the area. This property is located at 4514 Calumet Avenue, Hammond, IN 46327, with the postal code 46327.
Key Highlights
- Highly visible location in a heavily trafficked commercial zone.
- Potential for redevelopment or expansion with multiple vacant lots.
- Suitable for various uses: retail, office space, mixed‑use development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
357
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 - Prime land parcels in high-traffic Hammond commercial zone for sale.
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: Highly visible location in a heavily trafficked commercial zone.; Potential for redevelopment or expansion with multiple vacant lots.; Suitable for various uses: retail, office space, mixed‑use development.
