- 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
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Contacts
Mike Larson
Diversified Commercial Real Estate
Location
Located at 227 Carroll Street, Hammond, IN 46320, this property is part of the Central Hammond neighborhood and Chicago market.
Contact Listing Broker
Mike Larson
Diversified Commercial Real Estate