- For Sale $499,000
- 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 May 15, 2026
Description
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.
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
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Contacts
Antony Miocic
Latitude Commercial
Location
Located at 5217 Hohman Ave, Hammond, IN 46320, this property is part of the Central Hammond neighborhood and Chicago market.
Contact Listing Broker
Antony Miocic
Latitude Commercial