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6824 Calumet Ave, Hammond, IN 46324 6824 Calumet Ave 3,400 SF 100% Leased Office Building Hammond, IN 46324 $478,502 CAD ($140.74 CAD/SF)
EXECUTIVE SUMMARY
One Restaurant Space—Fully equipped, operational, and ideal for a café, bar, or full-service restaurant. Monthly rent: $2,200
One Office Space – Spacious, suitable for professional services, co-working, or private business. Monthly rent: $1,600
Investment Highlights:
Total Annual Rent: $45,600
Asking Price: $349,900
Cap Rate: ~13%
Cash-on-Cash Return: Strong potential depending on financing terms
Turnkey Income: Both spaces currently leased, immediate cash flow
Location Advantages:
Prime location on Calumet Ave (U.S. 41)—a high-traffic corridor with excellent visibility
Easy access to I-80/I-94, public transport, and nearby Chicago metro
Close to gas stations, retail, and everyday services, ensuring consistent foot traffic
One Office Space – Spacious, suitable for professional services, co-working, or private business. Monthly rent: $1,600
Investment Highlights:
Total Annual Rent: $45,600
Asking Price: $349,900
Cap Rate: ~13%
Cash-on-Cash Return: Strong potential depending on financing terms
Turnkey Income: Both spaces currently leased, immediate cash flow
Location Advantages:
Prime location on Calumet Ave (U.S. 41)—a high-traffic corridor with excellent visibility
Easy access to I-80/I-94, public transport, and nearby Chicago metro
Close to gas stations, retail, and everyday services, ensuring consistent foot traffic
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$62,360
|
$18.34
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$62,360
|
$18.34
|
| Taxes |
$7,385
|
$2.17
|
| Operating Expenses |
$5,470
|
$1.61
|
| Total Expenses |
$12,855
|
$3.78
|
| Net Operating Income |
$49,505
|
$14.56
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $62,360 |
| Annual Per SF | $18.34 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $62,360 |
| Annual Per SF | $18.34 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,385 |
| Annual Per SF | $2.17 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $5,470 |
| Annual Per SF | $1.61 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $12,855 |
| Annual Per SF | $3.78 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $49,505 |
| Annual Per SF | $14.56 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,400 SF
Building Class
C
Year Built
1930
Price
$478,502 CAD
Price Per SF
$140.74 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,400 SF
Zoning
C
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 45-06-12-282-027.000-023 | Total Assessment | $183,934 CAD |
| Land Assessment | $84,377 CAD | Annual Taxes | $7,385 CAD ($2.17 CAD/SF) |
| Improvements Assessment | $99,557 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
45-06-12-282-027.000-023
Land Assessment
$84,377 CAD
Improvements Assessment
$99,557 CAD
Total Assessment
$183,934 CAD
Annual Taxes
$7,385 CAD ($2.17 CAD/SF)
Tax Year
2024
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6824 Calumet Ave, Hammond, IN 46324 | 6824 Calumet Ave
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