227 Carroll Street

227 Carroll Street, Hammond, IN 46320

Property Information

  • For Sale $1,875,000
  • Property Type Multi-Family
  • Property Size 14,904 SF
  • Units 15
  • Lot Size 0.31 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1930
  • Year Renovated 2026
  • Date Updated Oct 8, 2026

Description

Located near downtown Hammond and the new South Shore Train line. Only a 35-minute drive to downtown Chicago.Excellent opportunity to acquire a recently updated 15-unit multifamily property featuring a durable brick and block exterior and a desirable mix of primarily two-bedroom apartments. The four-story building was originally constructed in 1930 and has undergone recent updates throughout the apartment units. The unit mix consists of 13 two-bedroom/one-bath apartments, one one-bedroom apartment, and one studio apartment, providing an attractive concentration of highly marketable two-bedroom units. Apartment interiors have been updated, with select units featuring granite kitchen countertops and stainless-steel appliances. Each apartment is equipped with electric heat, and select units include window air-conditioning units. Additional property amenities include 17 on-site parking spaces and a common laundry area equipped with two washers and two dryers for resident use.

Highlights

  • 11 of 15 Apartment Recently Updated
  • Brick/Block Exterior
  • Gas & Electric Metered Separately

Contacts

Location

Located at 227 Carroll Street, Hammond, IN 46320, this property is part of the Central Hammond neighborhood and Chicago market.

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