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    Property profile & analytics

    7236 Calumet Ave Hammond, IN 46324-2408

    • Retail space
    • 14,647 SF
    • 0.88 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-3522463
    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

    • Walgreens Photo / Passport Photo Processor / Photo Lab
    • FedEx OnSite / Mailing Service
    • Walgreens / Greeting Card Shop / Perfume Store
    • F K. Deal, RPh / Pharmacy
    • Redbox / Movie Rental Kiosk / Dvd Store

    Property Details for 7236 Calumet Ave

    Year built
    2008
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.88 lot acres
    Property size
    14,647 SF
    Property type
    Retail space
    APN
    45-06-12-483-021.000-023
    APU
    450612483021000023

    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
    -87.5094
    Latitude
    41.5816
    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
    $120,613
    $858,800
    $1,646,100
    $2,504,900
    -
    $858,800
    $1,646,100
    $2,504,900

    Comparable in this City

    • Value Estimation by Request
      133,120 SF

      7700 Cabela Dr

      RETAIL STORES (PERSONAL SERVICES) • 133,120 SF
      7700 Cabela Dr, Hammond, IN 46324-2946
      View Details
    • Value Estimation
      $290,000
      3,165 SF

      6829 Hohman Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,165 SF
      6829 Hohman Ave, Hammond, IN 46324-1433
      View Details
    • Value Estimation
      $540,000
      8,156 SF

      6620 Calumet Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,156 SF
      6620 Calumet Ave, Hammond, IN 46324-1315
      View Details
    • Value Estimation
      $270,000
      3,448 SF

      7118 Calumet Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,448 SF
      7118 Calumet Ave, Hammond, IN 46324-2406
      View Details
    • Value Estimation
      $380,000
      3,557 SF

      6741 Calumet Ave, Unit 49

      RETAIL STORES (PERSONAL SERVICES) • 3,557 SF
      6741 Calumet Ave, Hammond, IN 46324-1647
      View Details
    • Value Estimation
      $300,000
      2,560 SF

      7446 Columbia Ave, Unit 50

      RETAIL STORES (PERSONAL SERVICES) • 2,560 SF
      7446 Columbia Ave, Hammond, IN 46324-2822
      View Details

    Similar Nearby for Sale

    • $310,000
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      Hammond Commercial Property on Calumet

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      7340 Calumet Ave, Hammond, IN 46324
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      Hammond Office Building - Great Location!

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    Similar Nearby for Lease

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      3,200 SF

      New Retail Building with Drive-Thru

      New retail building with drive-thru, high visibility, and traffic.
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    • $22 SF/Yr
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      Retail Building Near Hammond Sportsplex

      3,065 SF free-standing retail building near Hammond Sportsplex.
      6702 Indianapolis Blvd, Hammond, IN 46324
      View Details
    • $525,000
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      Retail Space with High Visibility

      Retail space with ample parking and customization potential.
      7235-7241 Calumet Ave, Hammond, IN 46324
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    • $19 SF/Yr
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      Hammond Office Space for Lease

      Newly renovated, flexible spaces available.
      7113 Calumet Ave, Hammond, IN 46324
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      Hammond Office Suites For Rent

      Turnkey office suites available on Indianapolis Blvd in Hammond, IN.
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    • $12 SF/Yr
      12,000 SF

      Hammond Office Space Available

      12000 square foot office space for rent in Hammond.
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      View Details

    Property Visit Statistics

    • Visits by month
      3.8k
    • Visitors by month
      2.5k
    • Avg Time on site
      14 min
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    7236 Calumet Ave
    Hammond, IN 46324-2408
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    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
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