# 7340 Calumet Avenue, Hammond, IN 46324

> **TL;DR:** commercial, $310,000 ($356/sqft), built 1987, 870 sqft.
> View. Est. $1,343/mo. Listed 176 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $310,000 |
| Price/sqft | $356 |
| Square Feet | 870 |
| Year Built | 1987 |
| Lot Size | 6,098 sqft (0.14 acres) |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 176 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,343 |
| **Total** | **$1,343** |

## Key Amenities

- View

## Property Highlights

- Built in 1987
- 0.14 acre lot
- 20 parking spaces

## Description

### Agent Description
Unlock the door to entrepreneurship with this exceptional 870 sq. ft. commercial property in the heart of Hammond, Indiana. Just 2 1/2 blocks North of I_80/94 this efficient gem at 7340 Calumet Ave is poised to become the canvas for your business vision while maintaining low overhead. The versatile layout offers boundless possibilities, currently a fully operational used car dealership. Adaptable for any number of retail or office uses. Where potential for every square foot speaks to opportunity. Recent improvements include Modern LED Lot Lighting, Lighted Monument Sign and Lighted Building Signage, HVAC in the last two years, and redecorated interiors for comfortable customer areas. The space works well as an automotive related location but could be molded to your unique business needs. Imagine display areas, workspaces, or a customer lounge - the choice is yours. Outside, a spacious parking lot welcomes your patrons, offering convenience in today's fast-paced world. The property's exterior, with its charming brick facade, offers a timeless appeal that will make your business stand out and offers an inviting atmosphere for all who visit. Location is key, and this property delivers. Situated on bustling Calumet Avenue, you'll benefit from high visibility and easy accessibility with a traffic count of more than 32,000 vehicles daily. The diverse neighborhood promises a steady stream of potential customers. Don't just start a business - create a legacy. This property isn't just a space; it's the launchpad for your entrepreneurial journey. With its prime location, versatile layout, and great potential, 7340 Calumet Ave is more than a property - it's your pathway to success. Seize this opportunity to turn your business dreams into reality in the heart of Hammond.

## Location

- **Address:** 7340 Calumet Avenue, Hammond, IN 46324
- **County:** Lake
- **Coordinates:** 41.57962, -87.509401
- **Google Maps:** https://www.google.com/maps?q=41.57962,-87.509401

## Listing Agent

- **Name:** William Loy
- **Brokerage:** McColly Real Estate
- **Phone:** 2196702864
- **Email:** bill.loy@mccolly.com

## Primary Photo

![7340 Calumet Avenue - Primary Photo](http://lh.rdcpix.com/c4f9d50d0637a6ac491dc1410718b153l-f279502112r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/7340-calumet-avenue-hammond-in-46324-n829455)*

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**MLS#:** 829455 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/7340-calumet-avenue-hammond-in-46324-n829455)

---

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