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    7113 Calumet Ave Hammond, IN 46324

    Sponsored
    For Lease
    $19 SF/Yr ($2,600 /Mo)

    Newly renovated, flexible spaces available.

    Lot size:
    1,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property at 7113 Calumet Avenue in Hammond, Indiana, offers a unique opportunity for businesses seeking versatile office space. The building, constructed in 1957 and extensively renovated in 2024, boasts a total of 1,600 square feet across two suites, each a minimum of 800 square feet. The property is ideally suited for a variety of uses, including traditional office, coworking, executive office, medical office, and creative office spaces, reflecting its flexible C4 zoning. Located on a highly trafficked section of Calumet Avenue near the 80/94 interchange, this location provides excellent accessibility and visibility. The building features convenient on-site parking for eight vehicles. Immediate occupancy is available, making this an ideal solution for businesses needing quick access to prime commercial space. The two-story building is situated in Lake County (APN: 45-07-07-351-004.000-023) and offers a blend of modern updates with a convenient location. The property's address is 7113 Calumet Ave, Hammond, IN 46324, near the cross street of 171st Street. This is a rare opportunity to secure a well-maintained, versatile office space in a highly desirable location. Lease one or both units to meet your specific needs.

    Property Features for 7113 Calumet Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,600 SF
    Total Rate
    2600

    Building Details

    Year Built/Renovated
    1957/2024
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Second Floor Unit - Unit 2
    Size
    800 SF
    Rate per SF
    $19
    Space
    First Floor Unit - Unit 1
    Size
    800 SF
    Rate per SF
    $19

    HighLights

    • 1,600 SF office building in Hammond, IN, fully renovated in 2024.
    • Two 800+ SF suites available, ideal for various uses (C4 zoning).
    • Excellent location on Calumet Ave near I‑80/94, with high visibility and traffic.
    • Eight on‑site parking spaces.
    • Immediate occupancy available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.509102591719
    Latitude
    41.584137330877

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    FAQs

    What type of property is this?
    Office space - Newly renovated, flexible spaces available.
    Where is this office space located?
    The property is located at 7113 Calumet Ave Hammond, IN.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 1,600 SF office building in Hammond, IN, fully renovated in 2024.; Two 800+ SF suites available, ideal for various uses (C4 zoning).; Excellent location on Calumet Ave near I-80/94, with high visibility and traffic.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7113 Calumet Ave Hammond, IN 46324
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