24 Marble StHammond, IN 46327

  • Industrial properties
  • 23.92 AC
For Sale

Property Details for 24 Marble St

Year built
1950
Lot size
23.92 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
45-02-25-351-004.000-023
APU
450225351004000023

Description

This exceptional 399,000-square-foot industrial property, built in 2023, is ideally situated in Hammond, Indiana, offering unparalleled access to major transportation arteries. Located in Lake County, at 24 Marble Street, zip code 46327, this single-tenant facility boasts a strategic location just 20 miles southeast of downtown Chicago, directly on the Indiana/Illinois border. The property provides direct access to the Indiana Harbor Belt Railroad, connecting tenants to one of the nation's busiest rail networks. Its proximity to the new commuter rail station (four blocks east), Interstate 90 (less than one mile south), and Interstates 94/80 (approximately three miles north) ensures seamless transportation for both employees and goods. Furthermore, O'Hare and Midway International Airports are easily accessible, enhancing distribution capabilities. The building features a 32-foot clear height ceiling, 20 dock-high doors, two overhead doors, and ample parking with 166 surface-level spaces (0.75 spaces per 1,000 square feet). Unlimited power is available upon tenant request. The property benefits from several local economic incentives and is within two miles of Walmart and FedEx distribution centers, highlighting the desirability of this submarket. This state-of-the-art facility presents a unique opportunity for businesses seeking a highly accessible and strategically located industrial space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $383,279,776
    Hospitality
    $351,082,208
    Educational
    $292,096,288
    Medical
    $302,141,920
    Retail
    $454,372,000
24 Marble St, Hammond, Indiana

Location Insight

City
Hammond
County
Lake
State
Indiana
Latitude
41.6275
Longitude
-87.5234
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
2023
$119,459
$2,496,700
$2,600
$2,499,300
-
$2,496,700
$2,600
$2,499,300

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