Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2059 Sherman St Hammond, IN 46320-2917

    • Commercial land
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 22, 2021
    Location Intelligence
    Property ID
    US31-0685269
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 2059 Sherman St

    Lot size
    0.07 lot acres
    Property type
    Commercial land
    APN
    45-07-05-452-014.000-023
    APU
    450705452014000023

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.4793
    Latitude
    41.5988
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $434
    $16,400
    $0.00
    $16,400
    -
    $16,400
    $0.00
    $16,400

    Comparable in this City

    • Value Estimation by Request
      4.01 Acres

      301 136th St

      VACANT COMMERCIAL LAND • 4.01 Acres
      301 136th St, Hammond, IN 46320
      View Details
    • Value Estimation by Request
      0.01 Acres

      5613 Beall St

      VACANT COMMERCIAL LAND • 0.01 Acres
      5613 Beall St, Hammond, IN 46320-2033
      View Details
    • Value Estimation by Request
      0.17 Acres

      256 Douglas St

      VACANT COMMERCIAL LAND • 0.17 Acres
      256 Douglas St, Hammond, IN 46320-1960
      View Details
    • Value Estimation by Request
      0.07 Acres

      638 Sibley St

      VACANT COMMERCIAL LAND • 0.07 Acres
      638 Sibley St, Hammond, IN 46320-1628
      View Details
    • Value Estimation by Request
      0.12 Acres

      5248 Hohman Ave

      VACANT COMMERCIAL LAND • 23,072 SF
      5248 Hohman Ave, Hammond, IN 46320-1720
      View Details
    • Value Estimation by Request
      0.11 Acres

      5121 Calumet Ave

      VACANT COMMERCIAL LAND • 4,800 SF
      5121 Calumet Ave, Hammond, IN 46320-1302
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Hammond Land Redevelopment Opportunity

      Land available for redevelopment with heavy zoning and rail access.
      6340 Indianapolis Blvd, Hammond, IN 46320
      View Details
    • $450,000
      0.25 Acres

      Unimproved Land Package in Hammond

      Unimproved land package with shop/garage in Hammond, Indiana.
      1542 Summer St, Hammond, IN 46320
      View Details
    • $125,000

      Hammond Commercial Land For Sale

      1.7 acre commercial land in Hammond's Central Business District.
      440 Douglas St, Hammond, IN 46320
      View Details
    • Contact for pricing
      0.13 Acres

      Residential Lot in Hammond, Indiana

      Vacant residential lot available in Hammond, Indiana.
      1360 Sherman St, Hammond, IN 46320
      View Details
    • Contact for pricing
      0.10 Acres

      Residential Lot Near Chicago Access

      Vacant residential lot near schools, parks, and transportation.
      830 Becker St, Hammond, IN 46320
      View Details
    • Contact for pricing
      0.12 Acres

      Hammond, Indiana Unimproved Land Parcels

      Three adjacent unimproved land parcels in Hammond, Indiana available for development.
      911 Conkey St, Hammond, IN 46320
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      68,400 SF

      Hammond Industrial Space Available

      Modern warehouse, multiple suites, 68,400 sqft
      2320 Michigan St, Hammond, IN 46320
      View Details
    • $12 SF/Yr
      1,576 SF

      Hammond Office Space For Rent

      Office space in Hammond with flexible layout and aggressive rates.
      5250-5252 Hohman Ave, Hammond, IN 46320
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2059 Sherman St
    Hammond, IN 46320-2917
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.