Property summary
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.
Property profile
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Current use
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Accounting Firm Loan Service
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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