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Multi-Unit Storefront Property
For Sale
$1,500,000

4726 Calumet Avenue, Hammond, IN 46327

COMMERCIAL - Hammond, IN

Property Size15,056 SF
Lot Size1.23 Acres
Price / SF$99.63
Days on Market367

Property Features for 4726 Calumet Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking 20
Parking features Alley, Garage, Off Street, Oversize, Open, Driveway
Security features Security Lighting
Exterior features Lighting
Basement Full
Subdivision Frank S Betz Add 02
Lot features Near Public Transit, Paved
View City
Directions Chicago Avenue to Calumet or Baltimore Avenue, South to buildings.
Standard status Active
APN 450225479020000023
Size 15,056 SF
Lot size 1.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description FRANK S. BETZ 2ND ADD. L.17 TO 20
Tax Annual Amount 22750
Legal Description FRANK S. BETZ 2ND ADD. L.17 TO 20

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 2001
Listing Agency: JK Pro Realty, LLC
Listed By: Jimmy Karalis · License #RB14035192
Added: Aug 19, 2025 Changed: Aug 19 Last Checked: Aug 20 at 9:06AM
MLS# 826315

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.

This multi-unit storefront property contains 15,056 square feet on 1.2259 acres and was built in 2001. All units are currently leased to long-term tenants. Exterior lighting, forced-air heating, and natural gas service are in place.

The property fronts both Calumet Avenue and Baltimore Avenue in Hammond, Indiana. Parking features include an alley, garage, off-street spaces, oversized parking, open parking, and a driveway. Public water and public sewer serve the property, with natural gas available.

Key Highlights

  • 15,056‑square‑foot storefront property on 1.2259 acres
  • Multiple units leased to long‑term tenants
  • Frontage along both Calumet Avenue and Baltimore Avenue

Property Analytics

Current Use

Fat Sam's Philly ... Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center HVAC Service Daycare Center Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

362
Businesses Nearby
146k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 31% Groceries 19% Electronics 1%
McDonald's Dining
33,853 visits/mo 0.1 miles
Speedway Shops & Services
30,157 visits/mo 0.1 miles
Aldi Groceries
27,925 visits/mo 0.4 miles
White Castle Dining
12,591 visits/mo 0.1 miles
Taco Bell Dining
11,206 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Rented multi-unit property with long-term tenants and frontage along two avenues.
Where is this storefront property located?
The property is located at 4726 Calumet Avenue 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: 15,056‑square‑foot storefront property on 1.2259 acres; Multiple units leased to long‑term tenants; Frontage along both Calumet Avenue and Baltimore Avenue
More about this property
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