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$550,000
Incredible investment opportunity in Hammond! This 6-unit mixed-use building is a turnkey income generator with solid cash flow and massive upside. Perfectly situated on a high-visibility corner lot at Kennedy and Cleveland, the property boasts flexible Commercial C4 zoning--ideal for nearly any business type. The building features 3 vibrant commercial/retail spaces on the main level (currently home to a busy beauty salon, Herbalife retail, and a retail store) and 3 residential units above (two spacious 2-bedroom apartments and one cozy studio apartment). Additional revenue is generated by an attached 3-car garage. Located just minutes from major transit routes, local parks, and the bustling Indianapolis Blvd retail corridor, this location ensures a steady stream of foot traffic and tenant demand. Current Monthly Income Breakdown: Event Space: TBD/mo Beauty Salon: 1,500/mo 2-Bed Apt (Leased): 950/mo Herbalife Retail (M2M): 900/mo 2-Bed Apt (Leased): 800/mo 3-Car Garage (M2M): 600/mo Studio Apt (Leased): 400/mo Total Gross Income: 78,600/year. Don't miss out on adding this versatile, high-yield asset to your portfolio! Subject to tenant rights.

6429 S Kennedy Avenue Unit #31, Hammond

$270,000
3 Beds 2 Baths
Located in a highly desirable, vibrant pocket of South Hammond just minutes from the highway, this beautifully remodeled stone ranch radiates warmth and charm from the moment you arrive! Inside, an incredibly bright and cheerful living room features a massive picture window that floods the home with beautiful natural light, leading straight into 3 bedrooms and 1.5 stunningly updated baths. You will absolutely love cooking and gathering in the gorgeous designer kitchen, complete with sleek quartz countertops and sparkling stainless steel appliances. Downstairs, the huge finished basement is the ultimate hangout space for fun movie nights or cozying up by the brick fireplace. With fantastic curb appeal, an awesome neighborhood vibe, and a handy 1.5-car garage, this wonderful home is ready to welcome its next owner with open arms!

6929 Monroe Avenue, Hammond

$139,900
5 Beds 3 Baths
BACK ON THE MARKET DUE TO BUYER'S REMORSE - Don't miss this excellent opportunity to own a 3-unit multifamily property in the heart of Hammond. Perfect for investors or owner-occupants looking to build equity and generate rental income. This property features: One 1-bedroom unit, Two 2-bedroom units. Strong rental potential with multiple income streams. Great layout for long-term tenants or house hacking opportunities The building does need some updating and repairs, making it an ideal opportunity for investors looking to add value and increase cash flow. Conveniently located near shopping, restaurants, schools, and major commuter routes, with easy access to public transportation and nearby city amenities. Tenants will appreciate the proximity to everything city living has to offer while still enjoying a neighborhood setting.

10-12 Waltham Street, Hammond

$309,900
Prime mixed-use investment opportunity with two buildings on one lot. The front building is currently operating as a hair salon and is equipped with multiple styling stations, a bathroom, and storage--ideal for continued use or conversion to other commercial applications. High visibility location supports strong business exposure. The rear residence was fully remodeled in January 2026, offering turnkey rental or owner-occupant potential. Features include a modern kitchen with quartz countertops, stainless steel appliances, hardwood floors throughout, three bedrooms, and abundant natural light. Additional value-add features include a finished basement with a new bathroom, attached 2.5-car garage, newer furnace and water heater, new plumbing, electrical and roofs on both buildings replaced approximately three years ago. Located within walking distance to restaurants, schools, and local amenities, this property is well-positioned for steady rental income, owner-user flexibility, or long-term appreciation.

6525 Kennedy Avenue, Hammond

$160,000
3 Beds 1 Baths
Charming ranch-style home featuring 3 spacious bedrooms and 1 full bathroom. This well-maintained property offers a bright living room and a functional kitchen with beautiful granite countertops. A convenient laundry room provides extra practicality for everyday living. The home includes central heating and air conditioning for year-round comfort. Exterior features include durable vinyl siding and thermopane windows throughout for improved energy efficiency. Enjoy the large front yard, perfect for outdoor activities, gardening, or relaxing. This property offers comfortable single-level living with great curb appeal. Features: 3 Bedrooms,1FULLBATHROM,KITCHEN WITH GRANITE COUNTER TOPS ,SPACIOUS LIVING ROOM ,LAUNDRY ROOM,CENTRAL HEATING &AIR CONDITIONING,VYNYL SIDING,THERMOPANE WINDOWS THROUGHOUT LARGE FRONT YARD...

1517 E 174th Street, Hammond

$320,000
3 Beds 3 Baths
Welcome home to this well-maintained raised split level offering comfortable living space and versatile functionality in a convenient Hessville location. The bright main level features a spacious living area with vaulted ceilings, abundant natural light, and an open flow into the dining space--perfect for everyday living and entertaining. The kitchen offers ample cabinetry, generous counter space, and stainless appliances to make meal preparation easy and efficient. Multiple bedrooms provide comfortable accommodations, with flexible spaces ideal for guests, hobbies, or a home office. The finished lower level adds valuable additional living space--perfect for recreation, a media room, workout area, or private retreat. Step outside to enjoy the elevated deck overlooking the fenced backyard, ideal for relaxing, grilling, or hosting gatherings. An attached garage and wide driveway provide convenient parking and storage. Located near local parks, schools, shopping, dining, and the new Y, this home also offers easy access to major highways and commuter routes to Chicago, making it an excellent choice for commuters seeking suburban comfort with city accessibility. Don't forget to ask about Hammond's College Bound program, a city-funded program that helps eligible students pay for college tuition. Call to schedule your showing today!

6720 Carolina Avenue, Hammond

$125,000
Potential BEARS Territory..... Just around the corner from the Toll Road / US 41 / Calumet Avenue Exit. Two wooded parcels equaling 2.17 acres. Excellent site zoned for recreational development. Less than 3 miles from Wolf Lake Park. Shuttle Parking? Short Term Rental Townhomes? Bed and Breakfast? (With zoning variances) Fraternal or Church picnic ground (Tail Gating?) Fitness Trail? PAINTBALL? Frontage on Huehn. Frontage on 143rd Avenue extended. Approximately 331 feet of exposure to the East-West Toll Road. East boundry is the alley behind the homes on the West side of Ash. (601 feet) East to West 255 feet at the widest part. The alley is shown as Oak Street on some mapping sites. Oak is platted, but not developed between these two parcels. It could be vacated and become your bonus property. Hammond online zoning map shows S-1 for these parcels. City zoning uses attached. See your agent for copy. Please contact Hammond zoning department for Allowed Use questions. Pipeline easement across Northern part of parcel closest to Tollroad. Marker visible Tollroad (West) side of property.

4302 Oak Avenue, Hammond

$15,000
Located in Hammond's resurgent 46320 corridor, this vacant lot at 861 Wilcox Street offers a prime opportunity for builders, investors, or future homeowners looking to create a custom project in a well connected neighborhood. The parcel provides a versatile footprint suitable for a single family home, rental build, or long term investment property, with utilities available nearby and a residential setting that supports strong future value. Just minutes from the South Shore Line, downtown Hammond, parks, schools, and major commuter routes, the site blends everyday convenience with excellent accessibility. Whether you're planning a new construction home or seeking a strategic addition to your portfolio, this Hammond lot delivers a clean, ready to develop canvas in a location poised for continued growth.

861 Wilcox Street, Hammond

$20,000
Located in Hammond's revitalizing corridor near the heart of downtown, this vacant lot at 1019 Cleveland Street offers a prime opportunity for builders, investors, or future homeowners looking to create something new in a high growth area. The parcel provides a versatile footprint suitable for a single family home, rental build, or long term investment project, with utilities available nearby and a residential setting that supports strong future value. Just minutes from the South Shore Line, parks, schools, and major commuter routes, the site combines everyday convenience with excellent accessibility. Whether you're planning a custom build or seeking a strategic addition to your portfolio, this Hammond lot delivers a clean, ready to develop canvas in a location poised for continued demand.

1019 Cleveland Street, Hammond

$29,900
Situated in the desirable Hessville neighborhood, this vacant lot at 7627 Walnut Avenue offers a rare opportunity to build in one of Hammond's most convenient and wellconnected locations. The property provides a versatile footprint ideal for a new singlefamily home, investment property, or future development project, with utilities available nearby and a residential setting that supports strong longterm value. Located just minutes from Purdue Northwest, major shopping corridors, parks, and quick access to I94 and the toll road, this lot combines neighborhood charm with commuterfriendly convenience. Whether you're a builder, investor, or homeowner envisioning a custom design, this Hammond parcel delivers a prime canvas with excellent potential.

7627 Walnut Avenue, Hammond

$310,000
Unlock the door to entrepreneurship with this exceptional 870 sq. ft. commercial property in the heart of Hammond, Indiana. Just 2 1/2 blocks North of I_80/94 this efficient gem at 7340 Calumet Ave is poised to become the canvas for your business vision while maintaining low overhead. The versatile layout offers boundless possibilities, currently a fully operational used car dealership. Adaptable for any number of retail or office uses. Where potential for every square foot speaks to opportunity. Recent improvements include Modern LED Lot Lighting, Lighted Monument Sign and Lighted Building Signage, HVAC in the last two years, and redecorated interiors for comfortable customer areas. The space works well as an automotive related location but could be molded to your unique business needs. Imagine display areas, workspaces, or a customer lounge - the choice is yours. Outside, a spacious parking lot welcomes your patrons, offering convenience in today's fast-paced world. The property's exterior, with its charming brick facade, offers a timeless appeal that will make your business stand out and offers an inviting atmosphere for all who visit. Location is key, and this property delivers. Situated on bustling Calumet Avenue, you'll benefit from high visibility and easy accessibility with a traffic count of more than 32,000 vehicles daily. The diverse neighborhood promises a steady stream of potential customers. Don't just start a business - create a legacy. This property isn't just a space; it's the launchpad for your entrepreneurial journey. With its prime location, versatile layout, and great potential, 7340 Calumet Ave is more than a property - it's your pathway to success. Seize this opportunity to turn your business dreams into reality in the heart of Hammond.

7340 Calumet Avenue, Hammond

$175,000
For Sale: Prime Mixed-Use Property with Endless Potential - Verona Pizza + 2 ApartmentsOpportunity knocks in this unique mixed-use property offering both commercial and residential income potential! Currently home to Verona Pizza, this established pizzeria comes equipped with pizza ovens, Pepsi coolers, and everything you need to jump-start your own pizza shop or bring your own business vision to life.Upstairs, the building features two apartments - a 1-bedroom unit and a 2-bedroom unit - perfect for steady rental income or owner-occupied living. Whether you're an investor, entrepreneur, or both, this property provides the ideal setup for live-work flexibility or full rental income generation.While the building does need some TLC, the solid structure and valuable location make this a rare find with significant upside. Renovate and modernize to dramatically increase value and cash flow.Pizzeria setup with equipment includedTwo rental units: 1BR + 2BRGreat visibility and street presenceIdeal for investors or owner-operatorsPotential for multiple streams of incomeCustomize and improve for long-term gainsBring your creativity and unlock the full potential of this income-producing property right on Calumet Avenue. Schedule a showing today and explore what it could become in your hands!

4913 Calumet Avenue, Hammond

$1,500,000
Prime Commercial Opportunity - Turnkey Restaurant with Cash-Flowing TenantsSeize this rare chance to own a .62-acre double lot featuring an operating, income-generating business included in the sale. This unique property includes two tenants: the owner-occupied Latin Bliss Restaurant, a well-established venue with a loyal customer base, and Kenwood Tap, a fully leased bar offering stable rental income.Whether you're an investor or an owner-operator, this is a turnkey opportunity to step into a thriving restaurant and bar setup with built-in cash flow. Located in a high-visibility area, the property offers endless potential for future development or expansion.Bring your vision and unlock the full potential of this incredible property!

6247 Kennedy Avenue, Hammond

Updated . Information deemed reliable but not guaranteed.