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Property profile & analytics
OFF-MARKET
Office Spaces

2143 Calumet Ave Whiting, IN 46394

13,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 13,000-square-foot medical office building, located at 2143 Calumet Ave in Whiting, Indiana, presents a unique investment opportunity. Priced at $1,499,000 ($65.38/SF), the property is currently vacant, offering a blank canvas for a new owner. The two-story building previously served as the Hammond Surgical Center and is ideally suited for continued use as a medical facility, though zoning permits diverse alternative uses. All existing equipment is included in the sale, representing significant value. The building boasts a large off-street parking lot, a considerable advantage for patient and staff convenience. Its prime location, just one mile from Chicago and the Illinois border, offers exceptional accessibility. Enjoy the benefits of low Indiana property taxes and the potential for reduced doctor's malpractice insurance costs. The property's enviable position across from Wolf Lake, the Hammond Music Venue, and lakefront development provides high visibility and attractive surroundings. The zip code is 46394, and the property is situated in Lake County. This is a rare chance to acquire a well-located, substantial medical office building with significant potential.

Property profile
Verified
Property type Office Spaces
Total area 13,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hammond Community Hospital Ambulatory Care Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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