- 9 beds
- 4 baths
- 3,740 sqft
- 15,000 sqft lot
- $66 per sqft
- 1902 build
- – on site
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ATTENTION INVESTORS!! Close proximity to the Illinois/Indiana Border, the Hammond Academy of Science & Technology, Franciscan Health Centers, dining, and shopping. The future expansion of the South Shore Line's West Lake Corridor Line coming through the area makes this an amazing opportunity to generate income! Hammond's rejuvenation makes this a desirable investment.Upstairs is a 4BR, 2BA apartment (1430 ft2) (possible income of ~$1250/mo) that is able to be turned into (2)-2BR, 1BA units (715 ft2 each) (Possible Income of ~$900/mo each, $1800/mo total).Main Level is a 2BR, 1BA (1430 ft2) unit with a formal dining room (Possible income of ~ $900/mo).Parcel also includes the house in the back of the property, which has its own address: 17 Russell Street, a 2BR, 1BA (880 ft2) home with an eat-in kitchen. Could potentially earn ~$900/mo.All units currently rented to family members at discounted rates, so rent rolls will not be helpful in determining profitability/CAP Rates.
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Last updated Aug 16, 2024
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MLS# 505148 —
The Building
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Year Built:1902
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Patio And Porch Features:Deck, Patio, Porch
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Basement:Full
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Basement:true
Interior
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Interior Features:Elevator
Room Dimensions
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Living Area:3740
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Living Area Source:Assessor
Location
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Directions:Hohman Ave. to Clinton St.;West on Clinton to State Line Rd.;State Line North to Russel St.; East on Russel St. to Ann Ave.
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Latitude:41.617067
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Longitude:-87.524126
The Property
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Parcel Number:450236301013000023
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Property Subtype:Duplex
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Lot Size Acres:0.3444
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Lot Size Square Feet:15000
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Lot Size Dimensions:100 x 150
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Exterior Features:Balcony, Storage
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Frontage Length:100
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:Legal Description: C. HOHMAN'S ADD BL.1 LOTS 13 & 14
Beds
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Total Bedrooms:9
Baths
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Total Baths:4
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Full Baths:4
Utilities
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Utilities:Cable Available, Electricity Available, Natural Gas Available, Sewer Available
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Water Source:Public
Schools
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High School District:Hammond
The Community
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Subdivision Name:Caroline Hohman Add/Hammond
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Pets Allowed:Yes
Parking
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Parking Features:None, Off Street
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).