2143 Calumet Ave Whiting, IN 46394
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.
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Hammond Community Hospital Ambulatory Care Center Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.