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    Property profile & analytics

    8936 Calumet Ave Munster, IN 46321-2802

    • Hotels
    • 52,731 SF
    • 2.24 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-0698950
    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

    • WW Studio @ Hampton Inn and Suites Munster / Wellness Program / Weight Loss Service
    • Hampton Inn and Suites Munster / Hotel

    Property Details for 8936 Calumet Ave

    Year built
    2003
    Construction
    WOOD
    Lot size
    2.24 lot acres
    Property size
    52,731 SF
    Zone code
    R33
    Property type
    Hotels
    Property subtype
    Motels
    APN
    45-06-25-227-001.000-027
    APU
    450625227001000027

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Munster
    County
    Lake
    State
    Indiana
    Longitude
    -87.5107
    Latitude
    41.5508
    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
    $286,905
    $994,600
    $9,690,400
    $10,685,000
    -
    $994,600
    $9,690,400
    $10,685,000

    Comparable in this City

    • Value Estimation by Request
      94,500 SF

      9120 Calumet Ave

      HOTEL/MOTEL • 94,500 SF
      9120 Calumet Ave, Munster, IN 46321-2806
      View Details
    • Value Estimation by Request
      61,214 SF

      9651 Calumet Ave

      HOTEL/MOTEL • 61,214 SF
      9651 Calumet Ave, Munster, IN 46321-2871
      View Details
    • Value Estimation by Request
      9.47 Acres

      1928 Hawthorne E Of Ave

      VACANT COMMERCIAL LAND • 9.47 Acres
      1928 Hawthorne E Of Ave, Munster, IN 46321
      View Details
    • Value Estimation by Request
      1.38 Acres

      448 Superior Ave

      INDUSTRIAL - VACANT LAND • 1.38 Acres
      448 Superior Ave, Munster, IN 46321-4027
      View Details
    • Value Estimation by Request
      65,442 SF

      8601 Harrison Ave

      THEATER (MOVIE) • 65,442 SF
      8601 Harrison Ave, Munster, IN 46321-2398
      View Details
    • Value Estimation by Request
      2,400 SF

      1644 45th St

      MEDICAL BUILDING • 2,400 SF
      1644 45th St, Munster, IN 46321-3970
      View Details

    Similar Nearby for Sale

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      Maple Leaf Crossing Office Condo

      Modern 1,500 SF Office Condo in Munster, IN
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      Munster Investment Property For Sale

      Rare investment opportunity near South Shore Train Station in Munster.
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      Munster Commercial Building For Sale

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      3,880 SF

      Munster Restaurant - For Sale/Lease

      Established Restaurant, High Traffic Area
      745 Ridge Rd, Munster, IN 46321
      View Details

    Similar Nearby for Lease

    • $7,200 /Mo
      13,491 SF

      Munster Office Suites For Lease

      Five Suites, Prime Munster Location
      1544 45Th St, Munster, IN 46321
      View Details
    • $16 SF/Yr
      3,567 SF

      Munster Office Space for Lease

      Prime Munster location, 1,200 sq ft available
      8146 Calumet Ave, Munster, IN 46321
      View Details
    • $24 SF/Yr
      1,600 SF

      Office Space Near Retail Center

      Well-maintained office units near I-80/94 and a retail center.
      8031-8045 Euclid Ave, Munster, IN 46321
      View Details
    • $42 SF/Yr
      674 SF

      New Retail Space Available

      New construction retail space in a high-traffic area.
      8130 Calumet Ave, Munster, IN 46321
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    • Contact for pricing
      2,692 SF

      Freestanding Restaurant Building with Drive-Thru

      2,692 SF restaurant with drive-thru on 0.86 acres.
      8032 Calumet Ave, Munster, IN 46321
      View Details
    • $12 SF/Yr
      18,098 SF

      Harrison Ridge Executive Suites

      Munster, IN Office & Retail Space Available
      417-435 Ridge Rd, Munster, IN 46321
      View Details

    Property Visit Statistics

    • Visits by month
      7.0k
    • Visitors by month
      2.8k
    • Avg Time on site
      452 min
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    8936 Calumet Ave
    Munster, IN 46321-2802
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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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