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Freestanding Bank Building
For Sale
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7007 Calumet Avenue, Hammond, IN 46324

Corner-site commercial building with a drive-thru lane, basement storage, and dedicated rear parking.

Property Size3,828 SF
Days on Market144

Property Features for 7007 Calumet Avenue

General Information

Standard status Active
Size 3,828 SF
Property subtype Retail

Site & Location

Corner Location Yes
Drive-Thru Yes
Highway Access Yes

Building Details

Buildings 1
Listing Agency: Latitude Commercial
Listed By: Brett McDermott, CCIM · License #IN RB14050416
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 10:33PM

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 Latitude Commercial

Investment Insights

Based on property information with market context.

This freestanding former bank building contains 3,828 SF of commercial space, a drive-thru lane, and a full basement that provides storage capacity. Dedicated parking is positioned behind the building, while the corner intersection configuration supports access from two directions.

The property is located on Calumet Avenue in Hammond, Indiana, on a heavily traveled road and less than 1 mile from access to Chicago via I-80/I-94. Hammond is part of the Chicago metropolitan area and is served by several railroads and expressways, including the South Shore Line, Borman Expressway, and Indiana Toll Road.

Key Highlights

  • 3,828 SF freestanding former bank building
  • Drive‑thru lane included
  • Full basement for storage

Property Analytics

Current Use

Dispatch Car Donation ... Corporate Office

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Skin Care Clinic

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
Highway access

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Speedway Shops & Services
19,015 visits/mo 0.1 miles
Family Dollar Shops & Services
8,811 visits/mo 0.4 miles
BMO Harris Bank Shops & Services
2,451 visits/mo 0.3 miles

Demographics for 46324, IN

22,611
Population
9,427
Households
2.4
Avg Household Size
36
Median Age
15%
College-Educated
86%
High-School Grad
4.4 sq mi
ZIP Area
5,139
Density / Sq Mi
$61,118
Median Household Income
$38,457
Median Earnings
$1,157
Median Rent
$141,600
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?
Bank - Corner-site commercial building with a drive-thru lane, basement storage, and dedicated rear parking.
Where is this bank located?
The property is located at 7007 Calumet Avenue Hammond, IN.
What are key features of this property?
This property features: 3,828 SF freestanding former bank building; Drive‑thru lane included; Full basement for storage
(219) 864-0200 Call to check price and availability
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