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Property profile & analytics
OFF-MARKET
Industrial properties

24 Marble St Hammond, IN 46327-1582

23.92 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
Property ID
US31-3222430
Property summary
AI-generated overview

This exceptional 399,000-square-foot industrial property, built in 2023, is ideally situated in Hammond, Indiana, offering unparalleled access to major transportation arteries. Located in Lake County, at 24 Marble Street, zip code 46327, this single-tenant facility boasts a strategic location just 20 miles southeast of downtown Chicago, directly on the Indiana/Illinois border. The property provides direct access to the Indiana Harbor Belt Railroad, connecting tenants to one of the nation's busiest rail networks. Its proximity to the new commuter rail station (four blocks east), Interstate 90 (less than one mile south), and Interstates 94/80 (approximately three miles north) ensures seamless transportation for both employees and goods. Furthermore, O'Hare and Midway International Airports are easily accessible, enhancing distribution capabilities. The building features a 32-foot clear height ceiling, 20 dock-high doors, two overhead doors, and ample parking with 166 surface-level spaces (0.75 spaces per 1,000 square feet). Unlimited power is available upon tenant request. The property benefits from several local economic incentives and is within two miles of Walmart and FedEx distribution centers, highlighting the desirability of this submarket. This state-of-the-art facility presents a unique opportunity for businesses seeking a highly accessible and strategically located industrial space.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1950
Lot 23.92 ac (1,041,955 SF)
APN 45-02-25-351-004.000-023
UPID US31-3222430
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
  • Weigh Station Weigh Station
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Park 24 Hammond LLC
Park 24 Hammond LLC
since 2026
2 recorded transactions
2026
Price N/A
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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