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$695,000

  • Sold
  • Closed
  • Multi-Family
  • 10 Total Beds
  • 4 Car Garage
See This Home
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This turnkey rental property offers five 2-bedroom units in a high demand rental market close to downtown Hammond. With low maintenance requirements and upside for rent increases, this property is ideal for an investor seeking great cash flow.

Full Property Details for 4220 Hohman Ave

General

  • Sold For: $695,000
  • Taxes: $6,981 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 820591
  • Added to Site: 294 day(s) ago

Interior

  • Interior Features: Other
  • Appliances: Other

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 10

Exterior

  • Exterior Features: Other

Parking

  • Garage Spaces: 4

Location

  • County: Lake
  • Township: North
  • Subdivision: Winslows Add
  • Driving Directions: Take I-94 Exit Ramp going north for Calumet Ave. Continue Straight for 4 miles. Turn left on 143rd Turn Right on Hohman Ave. Building is facing West, park on the street.

Heating & Cooling

  • Heating Type: Forced Air

Structural Information

  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.147
  • Lot Size (Sq. Ft.): 6,404
  • Lot Features: Other

Financial Considerations

  • Tax Amount: $6,981
  • Tax Year: 2024
  • Terms: Cash, Other, Conventional

Disclosures and Reports

  • Legal Description: WINSLOW ADD. L.39 & L.40 BL.5
  • Property ID: 450225205023000023

Listed by Ellsbury Commercial Group LLC
Sold by Listing Leaders Northwest

Listing agent

— 4220 Hohman Ave —

  • Ellsbury Commercial Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4220 Hohman Ave

School District:Hammond School City
NameGradesDistance
Abraham Lincoln Elementary School, Hammond, IN
4221 Towle Avenue, Hammond, IN 46327
PK-50.1 mi
Henry W Eggers Elem/Md School
5825 Blaine Ave, Hammond, IN 46320
6-82.1 mi
Hammond High School
5926 Calumet Avenue, Hammond, IN 46320
9-122.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4220 Hohman Ave

Date
Details
Price
Change
Source
9/05/2025
Sold
$695,000
—
MLS
6/16/2025
Price Reduced
$695,000
-7.21%
MLS
5/12/2025
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Ellsbury Commercial Group LLC
Sold by Listing Leaders Northwest

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4220 Hohman Avenue, Hammond, IN 46327 (MLS# 820591) is a Multi-Family property that was sold at $695,000 on September 05, 2025. Want to learn more about 4220 Hohman Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hammond? You can browse all Hammond real estate or contact a Coldwell Banker agent to request more information.