Map of Property

Downtown Hammond Redevelopment Opportunity

For Sale

5217 Hohman Ave, Hammond, IN 46320

This Hammond property for sale is located at 5217 Hohman Ave. The general use of Downtown Hammond Redevelopment Opportunity is office and it incorporates 41,400 square feet of class C office space. The current listed sale price for Downtown Hammond Redevelopment Opportunity is $499,000. Downtown Hammond Redevelopment Opportunity is situated on a lot that is 0.16 acre in size.

Contacts

broker
Antony Miocic

Latitude Commercial

Property Details

  • Property Type Office - General Office
  • Property Size 41,400 SF
  • Units 1
  • Lot Size 0.16 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1903
  • Date Updated Sep 19, 2025
This property is located on Hohman Avenue in Downtown Hammond. Downtown Hammond is located on the state line and minutes from Downtown Chicago. The area is in the midst of a revitalization effort. Hammond has a population of approximately 78,000 residents. 41,000sf redevelopment opportunity available at 5217 Hohman Ave in Hammond. Built in 1903 and zoned C-3, this five-story property is strategically positioned in Downtown Hammond. Situated on a corner lot on Hohman and Fayette, the building offers convenient access to the newly constructed South Shore Train Line, making it an ideal location for office or apartment spaces. With the ground floor offering flexible potential for retail conversion, and ample street and public parking available, this property is a compelling choice for discerning investors seeking a value-add property in a rapidly redeveloping neighborhood.
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Highlights

  • Five story office building totaling 41,400sf
  • Ground floor can be converted to retail use and upper floors can become office or apartment use
  • Located on a corner lot
  • Minutes from the newly constructed South Short Train Line
  • Redevelopment opportunity available in Downtown Hammond on Hohman Avenue
  • Street and public parking available

Getting around

  • 77/100

    Walk Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Hammond, IN
  • Neighborhood Central Hammond
  • Zip Code 46320
  • Market Chicago

Points of Interest

  • East Chicago

    2.24 miles

  • Hammond-Whiting

    5.08 miles

  • Dyer

    7.12 miles

  • Gary Metro Center

    9.51 miles

  • Luke

    0.22 miles

  • Speedway

    0.95 miles

  • Mobil

    1.01 miles

  • Citgo

    1.08 miles

  • GoLo

    1.14 miles

  • Marathon

    1.60 miles

  • Hammond City Hall Parking

    1.16 miles

  • 169th Street Parking

    3.29 miles

  • 169th St. Parking Garage

    3.42 miles

  • North 173rd Street Parking

    3.47 miles

  • South 173rd Street Parking

    3.58 miles

  • 84 HSM Parking Lot

    7.73 miles

  • Griffith Municipal Parking Lot

    8.14 miles

  • Village Mall parking

    9.58 miles

  • Ramada Hammond Hotel & Conference Center

    1.53 miles

  • Super 8 Hammond/North

    1.56 miles

  • Days Inn and Suites by Wyndham Hammond, IN

    1.73 miles

  • Comfort Inn Hammond I-94

    3.92 miles

  • Fairfield Inn & Suites Chicago Southeast/Hammond

    4.26 miles

  • Courtyard Chicago Southeast/Hammond

    4.29 miles

  • The Nest

    4.35 miles

  • Residence Inn Chicago Southeast/Hammond

    4.36 miles

  • Hampton Inn & Suites Hammond

    4.59 miles

  • Holiday Inn Express & Suites Hammond

    4.60 miles

  • Strack & Van Til

    0.18 miles

  • 1st Choice Market

    0.50 miles

  • ALDI

    1.23 miles

  • Food 4 Less

    2.46 miles

  • Target

    3.60 miles

  • Walmart Supercenter

    3.94 miles

  • Ross

    4.09 miles

  • dd's Discounts

    4.11 miles

  • Big Lots

    4.77 miles

  • Burlington

    6.75 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Antony Miocic

Latitude Commercial

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