Listing provided courtesy of Porter's Real Estate SolutionsNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 823699
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Request Info4913 Calumet AvenueHammond, IN 46327
Commercial · 2,650 Sq. ft. | 0.14 Acres$175,000
Active
4913 Calumet Avenue Overview
- Time on Site:
- 361 days
- Visits:
- 4
For Sale: Prime Mixed-Use Property with Endless Potential - Verona Pizza + 2 ApartmentsOpportunity knocks in this unique mixed-use property offering both commercial and residential income potential! Currently home to Verona Pizza, this established pizzeria comes equipped with pizza ovens, Pepsi coolers, and everything you need to jump-start your own pizza shop or bring your own business vision to life.Upstairs, the building features two apartments - a 1-bedroom unit and a 2-bedroom unit - perfect for steady rental income or owner-occupied living. Whether you're an investor, entrepreneur, or both, this property provides the ideal setup for live-work flexibility or full rental income generation.While the building does need some TLC, the solid structure and valuable location make this a rare find with significant upside. Renovate and modernize to dramatically increase value and cash flow.Pizzeria setup with equipment includedTwo rental units: 1BR + 2BRGreat visibility and street presenceIdeal for investors or owner-operatorsPotential for multiple streams of incomeCustomize and improve for long-term gainsBring your creativity and unlock the full potential of this income-producing property right on Calumet Avenue. Schedule a showing today and explore what it could become in your hands!
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4913 Calumet Avenue Facts & Features
- Type Commercial
- Sq. ft. 2,650
- Price/Sq.ft. $66
- Lot 0.14 Acres
Details
General
Building Information
- Year Built: 1915
Location/Region
- County Or Parish: Lake
- Subdivision Name: Stafford & Trankles Add 05
- Township: North
Tax Information
- Tax Annual Amount: 4530
- Tax Year: 2023
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 450331101005000023
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Special Listing Conditions: Standard
Interior
Building Interior
- Building Area Source: Assessor
General Information
- Appliances: Other
- Building Features: Other
- Electric: 100 Amp Service
- Heating: Other
- Interior Features: Ceiling Fan(s)
- Living Area: 2650
- Security Features: Smoke Detector(s)
Exterior
Parking Information
- Parking Features: Off Street,Alley Access
- Parking Total: 5
Lot Information
- Lot Size Acres: 0.139
- Lot Size Source: Assessor
- Lot Size Square Feet: 6055
- Water Source: Public
Waterfront/View
- View: Neighborhood
- Waterfront: false
General Information
- Exterior Features: None
- Sewer: Public Sewer
- Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected
4913 Calumet Avenue Neighborhood
Community
46327 (Hammond) Demographics
31
Median Age
2,661
Population Density (per sq. mile)
19%
College Educated
$45,083
Estimated Median Income
2,176
Estimated Total Home Owners
1,736
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.4913 Calumet Avenue Monthly Cost
4913 Calumet Avenue Market Data
Based on the last 30 days in this zip code
$170,723
Average List Price
$141
Average Price per Square Foot
2
Properties Sold
106
Average Days on Market
17
Properties for Sale
4913 Calumet Avenue History
| Date | Value | Agent |
|---|---|---|
| 2/13/2026Source: Northwest Indiana MLS | $175,000 -36.4% |
|
| 9/24/2025Source: Northwest Indiana MLS | $275,000 -15.4% |
|
| 8/27/2025Source: Northwest Indiana MLS | $325,000 -9.7% |
|
| 7/31/2025Source: Northwest Indiana MLS | July 03, 2025 |