- 6 beds
- 3 baths
- – sqft
- 7,405 sqft lot
- 1958 build
- – on site
Three townhomes in south Hammond next to the private preK through 8th grade school, less than 5 minutes from the new south Hammond West lake extension commuter rail station to Chicago! Each home is occupied with long term renters. Solid brick construction with large, two bedroom, townhomes totaling over 1100 square feet! Renters do pay their own gas and electric, owner cover water, sewer and trash. Gross receipts currently sit at 3225 per month with plenty of room to grow on any new lease. Layouts include living room, dining room, Kitchen, two bedrooms, and a full bath. The prime location near not only private schools but also the public K-5, nearby Columbia Plaza shopping district that is included in the West Lake Transit Development District (TDD) ensure further investment in the near future, as well a close proximity to the Erie Lackawanna protected bike trails with bridges over crossings that make it a breeze to ride your bike to the trains if you so desire! Properties like this solid brick mid century apartment building is illegal to build in most areas today. That zoning highlight might be bad for keeping rents low but it is great for someone who can purchase this well maintained, income producing property, with desirable timeless layouts, and the last glimpse of housing affordability in this very well maintained mid century boom town preparing to start it's next chapter with the addition of 3 new commuter rail lines to north to Chicago or south to Munster and Dyer along the cities western border. The possibilities are endless, do not miss your chance to own this unique, well kept, income producing mid-century moneymaker!
Last checked:
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Last updated Jun 25, 2025
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MLS# 823124 —
The Building
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Year Built:1958
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New Construction:false
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Window Features:Blinds, Insulated Windows
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Patio And Porch Features:Front Porch, Rear Porch
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Security Features:Security Lights, Smoke Detector(s)
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Levels:Two
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Above Grade Finished Area:3326
Interior
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Interior Features:None
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Fireplace:false
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Laundry Features:Other
Financial & Terms
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Lease Considered:false
Location
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Directions:Exit 80/94 at Caulmet Avenue North. Continue north on Calumet Ave 2 blocks to 173rd Street. Turn right and head east on 173rd St 8 blocks to Columbia Avenue. Turn left and head north 2 blocks to property on your right.
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Latitude:41.583563
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Longitude:-87.499814
The Property
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Parcel Number:450707453002000023
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Property Subtype:Triplex
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Lot Features:Front Yard, Rectangular Lot, Near Public Transit
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Lot Size Acres:0.17
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Lot Size Square Feet:7405
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Lot Size Source:Assessor
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Additional Parcels:false
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View:Neighborhood
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Exterior Features:Lighting, Private Yard, Rain Gutters
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (219) 712-7150
- Office phone:
- (219) 844-7007
Taxes
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Tax Year:2024
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Tax Annual Amount:6346
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Tax Assessed Value:278800
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Tax Legal Description:S. 45FT OF N. 120FT. OF W. 165FT. OF S1/2 N1/2 SW SE EX. W. 40 FT. S.7 T.36 R.9 .17 A.
Beds
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Total Bedrooms:6
Baths
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heating:Central, Forced Air
Utilities
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Utilities:Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:None
The Community
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Subdivision Name:South Hammond
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Pool Features:None
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Pets Allowed:No
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Association:false
Parking
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Garage:false
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Parking Total:6
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Parking Features:Alley Access, Off Street, Asphalt
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
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).