3630 Calumet AveHammond, IN 46320

  • Industrial properties
  • 31,080 SF
For Lease

Property Details for 3630 Calumet Ave

Year built
1959
Construction
TYPE NOT SPECIFIED
Lot size
2.13 AC
Property size (Sq ft)
31,080 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
45-02-24-277-006.000-023
APU
450224277006000023

Description

This exceptional 31,080-square-foot industrial building in Hammond, Indiana, presents a significant opportunity. Situated on 2.13 acres, this single-tenant property boasts a steel frame construction, 28-foot clear ceiling height, and is ideally suited for manufacturing, warehousing, distribution, or flex uses. Built in 1960 and renovated in 2010, the building features a newer roof and is heated by two air handling units. The property includes a 600-square-foot office space and three 16-foot-high grade-level doors, facilitating efficient truck and crane loading. A 15-ton crane is also included. The building benefits from a 400A, 3-phase power supply. Its strategic location offers unparalleled access to major transportation arteries. It's immediately north of the I-90 Toll Road interchange, a quarter-mile south of both the Cline Avenue interchange and Wolf Lake Terminals, and within close proximity to significant industrial players including the BP Whiting Refinery, Cleveland-Cliffs, and US Steel. The property is zoned I-2 and is conveniently located just 22 miles from Chicago. This property offers a rare combination of size, functionality, and location, making it an ideal investment for a variety of industrial operations. The building is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,432,677
    Hospitality
    $10,472,271
    Educational
    $8,712,807
    Medical
    $9,012,453
    Retail
    $13,553,255
3630 Calumet Ave, Hammond, Indiana

Location Insight

City
Hammond
County
Lake
State
Indiana
Latitude
41.6467
Longitude
-87.5093
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$27,083
$177,500
$585,000
$762,500
-
$177,500
$585,000
$762,500

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