7441 Van Buren Avenue

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7441 Van Buren Avenue

Hammond, IN 46324
Asking Price
$57K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel available for acquisition in Hammond
  • Total lot size measures approximately 0.11 acres
  • Strategic location within the Chicago metropolitan area
  • Asset priced at 56900 dollars for prospective buyers
  • Parcel located at 7441 Van Buren Avenue in Indiana

What's Special

Hammond functions as a strategic commercial gateway within the broader Chicago metropolitan area, benefiting from robust regional transportation infrastructure and proximity to major industrial hubs. This 0.11-acre commercial land parcel at 7441 Van Buren Avenue provides a functional footprint for specialized development within this established Indiana market. The property benefits from the density and accessibility characteristic of the Hammond submarket, making it suitable for various small-scale commercial applications or investment holding strategies. Local infrastructure supports reliable connectivity to major highways and logistical corridors throughout Northwest Indiana. Investors and business owners will find this lot positioned in a developed area that allows for versatile site planning. Given its size and zoning potential, the site is well-suited for professional services, boutique retail, or administrative office configurations that require a manageable and efficient urban footprint.

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NOI
$80,000
Cap Rate
140.60%
DSCR
23.68
Strong
Cash-on-Cash
448.87%
Monthly Payment
$281.51
Annual Cash Flow
$76,621.878

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