4732 Calumet AveHammond, IN 46327

Property Details for 4732 Calumet Ave

Year built

1970

Construction

TYPE NOT SPECIFIED

Lot size

0.14 AC

Property size (Sq ft)

1,936 SF

Property type

Retail properties

Property subtype

Retail space

APN

45-02-25-479-023.000-023

APU

450225479023000023

Description

This exceptional investment opportunity presents a portfolio of four adjoining properties in Hammond, Indiana, totaling approximately 9,214 square feet. The portfolio comprises a diverse mix of commercial and residential space, offering significant potential for income generation and future development. The properties are strategically located at 4732, 4726, and 4738 Calumet Avenue, and 4723 Baltimore Avenue, all within the 46327 zip code in Lake County. The portfolio includes approximately 1,936 square feet of leased retail space, generating consistent rental income. A substantial 1,760 square feet of leased restaurant space provides another strong revenue stream. Adding to the portfolio's versatility is approximately 2,678 square feet of leased warehouse space, ideal for storage or light industrial use. Finally, an 832 square foot single-family home rounds out this diverse offering. The asking price for this unique and lucrative portfolio is $1,500,000. This presents a rare chance to acquire a well-established, income-producing asset with significant upside potential in a desirable location. The properties' proximity to each other allows for efficient management and potential synergistic opportunities. This is an ideal investment for those seeking diversification and strong returns. The existing leases provide immediate cash flow, while the diverse nature of the properties allows for flexibility in future development or leasing strategies. Don't miss this chance to acquire a truly exceptional real estate portfolio.

Location Insight

City

Hammond

County

Lake

State

Indiana

Latitude

41.6277

Longitude

-87.5092

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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