Technical
Financial
Distress signals
Property profile

24 Marble St Hammond, IN 46327

FOR SALE
Industrial properties
Property ID
US31-3222430
23.92 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
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For Sale
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24 Marble St, Hammond, IN 46327
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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

Current use

Occupant on record · Public records
  • Weigh Station

Location

24 Marble St Hammond, IN 46327
Hammond metro Census 20400 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2026
2 recorded transactions
2026
Price N/A
2025
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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