5537 Beall Street

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5537 Beall Street

Hammond, IN 46320
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset is a multifamily apartment building in Hammond, Indiana.
  • Property is situated in the 46320 zip code area.
  • Asset provides access to the broader Chicago metropolitan regional market.
  • The building is currently available for purchase by interested parties.
  • This apartment facility is suitable for residential investment property portfolios.

What's Special

Hammond occupies a strategic position within the Chicago metropolitan area, benefiting from robust regional connectivity and established residential infrastructure. This multifamily apartment building located at 5537 Beall Street sits within an accessible corridor of this industrial and residential hub, providing a straightforward commute to major employment centers across Northwest Indiana and Chicago. The property presents an operational asset suited for investors focused on multi-family residential housing within the local submarket. With its focus on rental housing, the building aligns with the ongoing demand for workforce and tenant-occupied accommodations in this part of the state. Current market dynamics in the region continue to emphasize the importance of accessible rental inventory for the local population. Investors may consider this asset for long-term hold strategies aimed at stabilized rental income within the Hammond municipality.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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