Auto Repair and Used Car
6430 Calumet Avenue Hammond, IN 46324
For Sale
$348,700
COMMERCIAL - Hammond, IN
Property Size1,128 SF
Lot Size0.14 Acres
Price / SF$309.13
Days on Market88
Property Features for 6430 Calumet Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 15
- Security features
- Security Lighting
- Interior features
- High Ceilings
- Appliances
- Gas Water Heater
- Standard status
- Active
- APN
- 450601483018000023
- Size
- 1,128 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- CALUMET HEIGHTS L.13 BL.2 ALL L.14 BL.2
- Tax Annual Amount
- 4411
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1922
Listing Agency:
Meeker Real Estate Inc
(708) 418-5908
Listed By:
Steve Meeker · License #471013400
(219) 796-6924
Added: May 1
Last Checked: Jul 27 at 8:06AM
MLS# 838092
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 property is currently used for auto repair and operates as a used car lot, with some equipment included. The offering includes a total building size of 1,128 square feet on a 0.141-acre lot.
Located at 6430 Calumet Avenue in Hammond, Indiana (Lake County), the site is set up for automotive-related activity under its current configuration.
Located at 6430 Calumet Avenue in Hammond, Indiana (Lake County), the site is set up for automotive-related activity under its current configuration.
Key Highlights
- Built in 1922
- Currently used as an auto repair shop and used car lot (some equipment included)
- High ceilings and gas water heater
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.2k | $14.40 |
| − Vacancy | −$715 | −$0.63 |
| EGI | $15.5k | $13.77 |
| − OpEx | −$4.7k | −$4.13 |
| NOI | $10.9k | $9.64 |
1,128 SF · lease $14.40/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$155.3K
$135.9K – $181.2K
NOI $10,870 @ 7.0% cap · market cap 3.12%
Second Best
Industrial
$93.5K
$81.8K – $109.1K
NOI $6,544 @ 7.0% cap · market cap 1.88%
Theoretical Best
Specialty Retail
$314.9K
$275.5K – $367.4K
NOI $22,043 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Economy Brakes & Muffler
Auto Repair Shop
Similar Off Market Nearby
- Klarer Automotive, Inc. — 6949 Calumet Ave, Hammond, IN 46324
- B & F Auto Clinic, Inc — 6922 Harrison Ave, Hammond, IN 46324
- Dick's Body Shop — 6923 Calumet Ave, Hammond, IN 46324
- delgado's auto glass — 7011 Calumet Ave, Hammond, IN 46324
- Alamo Auto Service Center — 6923 Hohman Ave, Hammond, IN 46324
FAQs
What type of property is this?
Auto shop - Property currently used for auto repair and a used car lot, with some equipment included.
Where is this auto shop located?
The property is located at 6430 Calumet Avenue Hammond, IN.
What is the asking price?
The asking price for this property is $348,700.
What are key features of this property?
This property features: Built in 1922; Currently used as an auto repair shop and used car lot (some equipment included); High ceilings and gas water heater
