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6237-6262 Hohman Avenue, Hammond, IN 46324
$799,900
6237-6262 Hohman Avenue, Hammond, IN 46324View this property at 6237-6262 Hohman Avenue, Hammond, IN 46324
6237-6262 Hohman AvenueHammondIN46324
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Property Description
Remarkable investment opportunity in Historic Hammond with 9.5%+ CAP potential for savvy new operator! Well maintained 7-unit property (with 3 attached garages with 5 spaces, currently not being used/leased, and a coin operated laundry room) consisting of a mix of (1) studio unit, (4) one bedroom units, (1) two bedroom unit & (1) three bedroom unit, all with 1/2 bathrooms. Many recent updates including rubber roof, brand new boiler with transferable warranty, some cosmetic updates in larger units. Located near the incoming South Shore Train Extension and just north of Downtown Hammond on main thoroughfare with easy access to Chicago's bustling business district. Some units metered separately. Currently fully leased with stable tenants, but most leases have been switched to month to month or are expiring soon for the convenience of the new owner! Call to schedule your showing today.
Full Property Details
Full Property Details for 6237-6262 Hohman Ave
General
- Price: $799,900
- Taxes: $3,102 (2022)
- Status: Active
- Type: Commercial Multi-Family
- MLS ID: 801236
- Updated: 3/24/2024
- Added to Site: 35 day(s) ago
Exterior
- Exterior Features: Courtyard
Parking
- Parking Features: Additional Parking, Alley Access, Concrete, Garage Faces Front, Heated Garage, On Site, Oversized, Storage, Workshop in Garage
Location
- County: Lake
- Township: North
- Subdivision: Wheelers Add
- Driving Directions: Head North on Hohman Ave coming from I-94 Expressway to 6237 (property address is 6237, but house in front shows 6239)
Heating & Cooling
- Heating Type: Baseboard, Hot Water, Separate Meters
Structural Information
- Square Feet: 8,281
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.241
- Lot Size (Sq. Ft.): 10,497.96
- Lot Dimensions: 68 x 157
- Zoning: Commercial
Financial Considerations
- Tax Amount: $3,102.84
- Tax Year: 2022
- Terms: Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Legal Description: WHEELER'S ADD. S 20 FT OF LOT 4 & ALL LOTS 5 & 6
- Property ID: 45-06-01-332-002.000-023
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Price & Sales History for 6237-6262 Hohman Ave
Date
Details
Price
Change
Source
3/24/2024
Listed
$799,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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6237-6262 Hohman Avenue, Hammond, IN 46324 (MLS# 801236) is a Commercial Multi-Family property. 6237-6262 Hohman Avenue is currently listed for $799,900 and was received on March 24, 2024. Want to learn more about 6237-6262 Hohman Avenue? Do you have questions about finding other Commercial 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.