6803 Schneider Avenue, Hammond, IN 46323
$949,000
Property Type:
Commercial Sale
Square Footage:
6,048
Lot Size (sq. ft.):
10,890
Status:
Active
Current Price:
$949,000
List Date:
6/03/2026
Last Modified:
6/15/2026
Listing Details MLS# 840017
General Property Information
- Number Of Units Total
- 10
- Living Area
- 6048
- Building Area Source
- Assessor
- Year Built
- 1951
- Parking Total
- 6
- Lot Size Acres
- 0.25
- Lot Size Square Feet
- 10890
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- Yes
- Stories
- 2
Property Features
Basement:
Storage Space; Other
Building Features:
Other
Business Type:
Other
Construction Materials:
Other
Cooling:
Other
Current Use:
Residential; See Remarks
Electric:
Other
Flooring:
Carpet; Vinyl
Heating:
Baseboard
Laundry Features:
Laundry Room
Listing Terms:
Cash; Conventional; Other
Owner Pays:
See Remarks
Parking Features:
Alley Access; On Street
Possession:
Close Of Escrow
Rail Availability:
None
Roof:
Shingle
Sewer:
Public Sewer
Special Listing Conditions:
None
Tenant Pays:
See Remarks
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
View:
Neighborhood
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 949000
- Property Sub Type
- Multi Family
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 6803
- Street Name
- Schneider
- Street Suffix
- Avenue
- County
- Lake
- State
- IN
- Postal Code
- 46323
- Subdivision Name
- Forestdale
Remarks and Miscellaneous
- Public Remarks
- This property located in the highly desirable South Hammond submarket and presents an excellent opportunity to acquire a well-positioned 10-unit multifamily asset just minutes from the Hammond campus of Purdue University Northwest. The property is situated in a stable rental corridor with consistent housing demand driven by students, faculty, local employers, and commuters. The property's proximity to Purdue University Northwest provides a strong tenant base and long-term occupancy potential, while convenient access to major highways including I-80/94 and Indianapolis Boulevard offers an easy commute throughout Northwest Indiana and the greater Chicago metropolitan area. Investors will appreciate the combination of scale, location, and value-add potential in one of Hammond's most established neighborhoods. With multifamily inventory in this area remaining limited, this property offers the opportunity to capitalize on durable rental demand and strong long-term cash flow potential. Whether you're seeking to expand an existing portfolio or acquire a strategically located multifamily investment this property represents a compelling opportunity in a growing Northwest Indiana market.
Status Change Information
- Major Change Timestamp
- 2026-06-03T15:00:53Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-06-03
More Information
Exemption Information
- Exemption YN
- No
Income and Expenses
- Gross Income
- 102780
- Net Operating Income
- 68107
- Operating Expense
- 33034
Showing Requirements
- Showing Instructions
- Please contact broker for showing instructions. Open house will be 1-2 weeks after posting.
Location, Tax, and Legal
- Tax Annual Amount
- 12414
- Tax Year
- 2025
- Tax Legal Description
- FORESTDALE L.1 & L.2 BL.12
- Parcel Number
- 450709154001000023
- Township
- North
- Directions
- From the highway, take the Kennedy Avenue exit and head south approximately one mile before turning east onto 169th Street. Continue to Schneider Avenue and head south to the property.
Basement
- Storage Space
- Yes
- Other
- Yes
Construction Materials
- Other
- Yes
Cooling
- Other
- Yes
Electric
- Other
- Yes
Flooring
- Carpet
- Yes
- Vinyl
- Yes
Heating
- Baseboard
- Yes
Laundry Features
- Laundry Room
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Other
- Yes
Parking Features
- Alley Access
- Yes
- On Street
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
View
- Neighborhood
- Yes
Water Source
- Public
- Yes
Owner Pays
- See Remarks
- Yes
Tenant Pays
- See Remarks
- Yes
Current Use
- Residential
- Yes
- See Remarks
- Yes
Building Features
- Other
- Yes
Business Type
- Other
- Yes
Rail Availability
- None
- Yes
Listing Office:
Ellsbury Group
Last Updated: June - 15 - 2026
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