5250 Hohman Ave Hammond, IN 46320-1722
Property profile & analytics
5250 Hohman Ave, Hammond, IN 46320-1722
- Retail space
- 19,863 SF
- 0.15 lot acres
Property ID
US31-1066687
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.
Location Intelligence
Current Use by Public Records
- Regional Recovery Services, Inc. / Accounting Firm / Loan Service
Property Details for 5250 Hohman Ave
- Year built
- 1913
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property type
- Retail space
- APN
- 45-02-36-326-005.000-023
- APU
- 450236326005000023
Description
This exceptional 13,242 square foot office building, located at 5250 Hohman Ave in Hammond, Indiana, presents a unique investment opportunity. The property, classified as a Class B building, was constructed in 1913 and features a two-story structure with five individual suites available for lease. The building offers flexible layouts, allowing for customized configurations to suit various business needs. Suite sizes range from a minimum of 492 square feet to a maximum contiguous space of 4,203 square feet, with a total of 4,203 square feet currently vacant. The property is conveniently situated at the intersection of Hohman Ave and Muenich Ct, offering excellent visibility and accessibility. Zoned C3, this building benefits from its location in Hammond, IN, a city within the Chicago metropolitan area, providing easy access to Chicago and its vast resources. Hammond boasts a population of 77,879 (2020 Census) and is served by major transportation arteries including the South Shore Line, Borman Expressway, and Indiana Toll Road. The property's location near Wolf Lake parkland and the Horseshoe Hammond casino adds to its appeal. While there are no elevators, the building's layout and suite sizes offer a variety of options for businesses of all sizes. The property's Lake County location (APN: 45-02-36-326-005.000-023) and competitive lease rates make this a compelling investment prospect. This is a rare opportunity to acquire a well-located office building in a thriving metropolitan area.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $719,000
- AI Estimate
- $833,000
Market price range: $720k - $2.38MMarket price range: $834k - $2.48M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hammond
- County
- Lake
- State
- Indiana
- Longitude
- -87.5224
- Latitude
- 41.6176
- 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
$10,708
$33,700
$257,800
$291,500
-
$33,700
$257,800
$291,500
