4726 Calumet Avenue, Hammond, IN 46327 (MLS# 826315)

4726 Calumet Avenue, Hammond, IN 46327

$1,500,000

Property Type: Commercial Sale Square Footage: 15,056 Lot Size (sq. ft.): 53,400 Status: Active

Current Price: $1,500,000 List Date: 8/19/2025 Last Modified: 8/19/2025

Overview

Description

Wonderful multi-unit investment opportunity in high traffic area. All units are rented with long term tenants in place. Large lots with frontage on both Calumet and Baltimore Avenue. Loads of potential. Contact your agent today!

Listing Details MLS# 826315

General Property Information

Number Of Units Total: 4
Living Area: 15056
Building Area Source: Assessor
Accessibility Features YN: No
Year Built: 2001
Year Built Details: 4723 Baltimore Avenue (built in 1914), 4738 Calumet Avenue (built in 1912), 4732 Calumet Avenue (built in 1970), 4726 Calumet Avenue (built in 2001)
Parking Total: 20
Lot Size Acres: 1.2259
Lot Size Square Feet: 53400
Lot Size Source: Assessor
Waterfront YN: No
Basement YN: No
Stories: Yes

Property Features

Appliances: None Basement: Full Building Features: Business District Location; Commercial Park Location; Exterior Lighting; High Speed Internet; Mixed Use; Multi Tenant; Private Restrooms; Public Restrooms; Sheet Rock Ceiling(s); Strip Mall Location Business Type: Auto Service; Industrial; Medical; Mixed; Professional/Office; Restaurant; Retail; Warehouse Construction Materials: Brick; Stone; Stucco; Other Cooling: Ceiling Fan(s); Central Air; Zoned Current Use: Commercial; Industrial; Investment; Mixed Use; Office; Retail; Single Family; Warehouse Electric: 200+ Amp Service; Circuit Breakers Exterior Features: Lighting Heating: Forced Air; Natural Gas Listing Terms: Cash; Conventional Lock Box Information: Call Listing Office Lot Features: Near Public Transit; Paved Owner Pays: Insurance; Repairs; Roof Maintenance; Taxes Parking Features: Additional Parking; Alley Access; Asphalt; Attached; Detached; Driveway; Garage Door Opener; Garage Faces Front; Heated Garage; Off Street; Oversized; Paved; Other Possession: Close Of Escrow; Negotiable; Subject To Tenant Rights Possible Use: Automotive; Commercial; Development; Industrial; Mixed Use; Office; Recreational; Residential; Retail; Single Family; Warehouse Rail Availability: None Roof: Other Security Features: Security Lights; Smoke Detector(s) Sewer: Public Sewer Special Licenses: None Special Listing Conditions: Standard Tenant Pays: All Utilities; Grounds Care; Snow Removal Utilities: Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Auction YN: No
Original List Price: 1500000
Property Sub Type: Mixed Use
Listing Agreement: Exclusive Right To Sell
Seller to consider offering concessions: Yes
Occupant Type: Tenant

Location Tax and Legal

Street Number: 4726
Street Name: Calumet
Street Suffix: Avenue
County: Lake
State: IN
Postal Code: 46327
Subdivision Name: Frank S Betz Add 02

Remarks and Miscellaneous

Public Remarks: Wonderful multi-unit investment opportunity in high traffic area. All units are rented with long term tenants in place. Large lots with frontage on both Calumet and Baltimore Avenue. Loads of potential. Contact your agent today!

Status Change Information

Major Change Timestamp: 2025-08-19T21:24:09Z
Major Change Type: New Listing
Status Change Timestamp: 2025-08-19

More Information

Building Features

Clear Ceiling Height: 10'
Number of Offices: 4
Office SqFt: 400
Overhead Doors: 2
Cranes: No
Business District Location: Yes
Commercial Park Location: Yes
Exterior Lighting: Yes
High Speed Internet: Yes
Mixed Use: Yes
Multi Tenant: Yes
Private Restrooms: Yes
Public Restrooms: Yes
Sheet Rock Ceiling(s): Yes
Strip Mall Location: Yes

Exemption Information

Exemption YN: No

Income and Expenses

Expense Year: 2022
Gross Scheduled Income: 95040
Insurance Expense: 6901
Net Operating Income: 64953
New Taxes Expense: 22749.54
Total Actual Rent: 95040
Electric Expense: 0
Gross Income: 0
Maintenance Expense: 0
Manager Expense: 0
Other Expense: 0
Professional Management Expense: 0
Sewer Expense: 0
Supplies Expense: 0
Trash Expense: 0
Water Expense: 0

Showing Requirements

Showing Instructions: Minimum 48-hour notice required. No exceptions. Please use showing assist or call listing office.

Historical Information

Public Historical Remarks: Utilities: On, Frontage Access: Public Road,Signal Intersection, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4: 1610
Tax Annual Amount: 22749.54
Tax Year: 2024
Tax Legal Description: FRANK S. BETZ 2ND ADD. L.17 TO 20
Parcel Number: 450225479020000023
Additional Parcels YN: Yes
Additional Parcels Description: 4723-33 Baltimore/4726 Calumet Ave/4732 Calumet Ave and 4738 Calumet Ave
Township: North
Directions: Chicago Avenue to Calumet or Baltimore Avenue, South to buildings.
Cross Street: Chicago Avenue

Appliances

None: Yes

Basement

Full: Yes

Construction Materials

Brick: Yes
Stone: Yes
Stucco: Yes
Other: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Zoned: Yes

Electric

200+ Amp Service: Yes
Circuit Breakers: Yes

Exterior Features

Lighting: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lock Box Information

Call Listing Office: Yes

Lot Features

Near Public Transit: Yes
Paved: Yes

Parking Features

Additional Parking: Yes
Alley Access: Yes
Asphalt: Yes
Attached: Yes
Detached: Yes
Driveway: Yes
Garage Door Opener: Yes
Garage Faces Front: Yes
Heated Garage: Yes
Off Street: Yes
Oversized: Yes
Paved: Yes
Other: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes
Subject To Tenant Rights: Yes

Roof

Other: Yes

Security Features

Security Lights: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Connected: Yes
Electricity Available: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

City: Yes

Water Source

Public: Yes

Owner Pays

Insurance: Yes
Repairs: Yes
Roof Maintenance: Yes
Taxes: Yes

Tenant Pays

All Utilities: Yes
Grounds Care: Yes
Snow Removal: Yes

Current Use

Commercial: Yes
Industrial: Yes
Investment: Yes
Mixed Use: Yes
Office: Yes
Retail: Yes
Single Family: Yes
Warehouse: Yes

Possible Use

Automotive: Yes
Commercial: Yes
Development: Yes
Industrial: Yes
Mixed Use: Yes
Office: Yes
Recreational: Yes
Residential: Yes
Retail: Yes
Single Family: Yes
Warehouse: Yes

Business Type

Auto Service: Yes
Industrial: Yes
Medical: Yes
Mixed: Yes
Professional/Office: Yes
Restaurant: Yes
Retail: Yes
Warehouse: Yes

Rail Availability

None: Yes

Special Licenses

None: Yes

Listing Office: JK Pro Realty, LLC

Last Updated: August - 19 - 2025

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Why Create a Portal account?